FOR IMMEDIATE RELEASE

Carousel Capital Invests in Soteria Imaging Services

November 11, 2004 - Charlotte, North Carolina and Louisville, Kentucky — Carousel Capital announced today an investment in Soteria Imaging Services, a leading private operator of outpatient diagnostic imaging centers based in Louisville, Kentucky. Soteria owns and manages 24 imaging centers focused on mid-sized markets primarily in the Mid-South and Midwest regions of the United States.

Carousel is making this investment in partnership with the Robert N. Jones family of Louisville, which is retaining a significant ownership stake in the company. "Soteria and the Jones family are very excited to partner with Carousel Capital on this transaction," said Bob Jones, President and Founder of Soteria. "Carousel's investment allows Soteria to continue pursuing growth opportunities across the region. As a family-owned business, Soteria was especially attracted to Carousel's history of successful relationships and partnerships with other CEOs, families, and businesses in the Southeast," he said.

"Bob Jones and his team have built a unique business in the diagnostic imaging industry by consistently providing outstanding service to patients, physicians, and other medical professionals in the markets they serve," said Charles Grigg, Partner of Carousel Capital. "Soteria's excellent management team and its focus on mid-sized markets make this a very attractive investment opportunity," he said.

Brian Bailey, Managing Partner of Carousel Capital, added, "One of Carousel's primary areas of focus is partnering with family-owned businesses in the Southeastern U.S. We look forward to working with the Jones family to capitalize on the significant growth opportunities in this attractive sector of the healthcare services industry."

Carousel Capital funded the transaction with equity from its second investment fund, Carousel Capital Partners II, and with debt provided by Allied Capital. Terms of the transaction were not disclosed. This transaction is Carousel's third investment in a Southeastern-based company during 2004.

About Carousel Capital

Carousel Capital is a private investment firm that invests in Southeastern-based companies. With more than $300 million of capital under management, Carousel is one of the largest private equity firms in the Southeastern U.S. Carousel's investors include an elite group of more than 65 current and former CEO's with expertise in a diverse group of industries. Carousel's investor base also includes institutional investors such as financial institutions, insurance companies, and pension funds. Since its inception, Carousel has invested in 18 companies across a wide range of industries.

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