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Gemino Healthcare Finance Provides $3.4 Million Financing to Support Plus Medical, Inc.

PHILADELPHIA – December 8, 2008 – Gemino Healthcare Finance today announced it has provided Support Plus Medical, Inc. (“Support Plus”) credit facilities totaling $3.4 million.

Located in Davie, Florida, Support Plus provides home delivery of medical equipment supplies and pharmaceutical products to patients. Support Plus’ primary focus is to service patients with chronic diseases, most notably diabetes and chronic obstructive pulmonary disease.

Keith Trowbridge, CEO of Support Plus, said, “Our relationship with Gemino, and their unique understanding of our industry, has given us the capital we need to support and expand our continued growth and to achieve our goals.”

The credit facilities are being used to support the working capital needs of Support Plus.

“Support Plus is a great addition to our portfolio. They are an emerging company with an experienced management team. We are happy to partner with them and, through our capital, assist its growth in the future,” said Gil Brindley, Managing Director for Gemino Healthcare Finance. “This is another example of Gemino’s commitment to lend to quality healthcare providers in such turbulent times.”

About Gemino Healthcare Finance (www.gemino.com)
Gemino provides senior loans to healthcare service providers throughout the U.S., with typical financing needs ranging from $1 million to more than $10 million in the form of revolving lines of credit, secured-term loans and unsecured-term.  

The firm provides financing to hospitals, skilled nursing homes, home care and hospice agencies, imaging centers, surgery/outpatient centers, distributors, transportation companies and others involved in the delivery or support of healthcare services.
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