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OTN Refinances With $300 Million Revolving Loan Arranged by Wells Fargo

Tuesday, September 11, 2007 General News
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SOUTH SAN FRANCISCO, Calif., Sept. 11 OTN, a leadingphysician services company and one of the largest distributors of products andservices to the community physician market, today announced that it hascompleted a refinancing of its existing revolving credit facility with a $300million revolving loan agreement arranged by Wells Fargo Foothill, part ofWells Fargo & Company. OTN used the initial proceeds to refinance itsexisting revolving credit facility and plans to use subsequent proceeds foroperating capital and to fund its strategic growth.
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"With its deep experience in our space, Wells Fargo Foothill hasdemonstrated an appreciation and willingness to help us grow our business andbetter serve our customers," said John Amos, president and CEO of OTN. "Thisnew agreement not only bolsters our financial position but also enhances ourability to compete for and win new customers and deliver even greater value tophysicians who practice in the community-based treatment setting."
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The $300 million revolving loan from Wells Fargo Foothill may be expandedto $350 million and may be syndicated. It is for a term of 36 months.

About Wells Fargo Foothill

Wells Fargo Foothill is a leading provider of senior secured financing tomiddle-market companies across the United States, offering flexible innovativecredit facilities from $10 million to $1 billion and more. It is part of WellsFargo & Company, a diversified financial services company with $540 billion inassets, providing banking, insurance, investments, mortgage and consumerfinance through almost 6,000 stores and the Internet(http://www.wellsfargo.com) across North America and internationally. WellsFargo Bank, N.A. is the only bank in the U.S., and one of only two banksworldwide, to have the highest credit rating from both Moody's InvestorsService, "Aaa," and Standard & Poor's Ratings Services, "AAA." For moreinformation, visit Wells Fargo Foothill on the Internet athttp://www.wffoothill.com.

About OTN

OTN, a One Equity Partners portfolio company, is a leading physicianservices company that provides a broad set of customized solutions, includingtechnology, pharmaceuticals, supportive care products and medical/surgicalsupplies, to physicians who practice in the community-based treatment setting.Through its innovative Lynx(TM) Technologies, practice management tools andunsurpassed customer service, OTN helps physicians remain independent andimprove practice efficiency while enabling them to focus on providing optimalpatient care. OTN's specialty pharmacy, provides physicians and theirpatients with efficient delivery of medications to treat cancer, rheumatoidarthritis, infertility and other chronic conditions requiring the latestintravenous, injectable and oral medicines. OTN's affiliated group purchasingorganization, Onmark, offers its members competitive contracts for oncologydrugs and medical/surgical supplies, practice management tools and educationalprograms. For more information, please visit http://www.myOTN.com

SOURCE OTN
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