July 31, 2008

Nashville, TN – Brentwood Capital Advisors LLC (BCA), based in Nashville, served as exclusive financial advisor to Passport Health Communications, Inc. in a recently completed recapitalization in which Spectrum Equity Investors and Great Hill Partners led a significant growth investment in Passport. Passport offers healthcare providers and payers a comprehensive suite of revenue cycle management solutions, enhancing the amount and timeliness of reimbursement and increasing administrative and financial productivity.

Following the recapitalization, Spectrum Equity Investors and Great Hill Partners will own a majority interest in Passport. Primus Capital Funds, which led Passport’s minority recapitalization in 2006, on which BCA advised, has reinvested a majority of their existing stake and has contributed additional equity alongside Spectrum Equity and Great Hill. The senior management team, led by CEO Jim Lackey, will continue to retain a significant equity position in the company. Lenders Goldman Sachs Specialty Lending Group and Ares Capital also co-invested in the transaction.

“Passport is pleased to complete this recapitalization to help launch our next phase of growth. We are fortunate to be able to work with this great group of investors. Their collective experience and resources will allow us to carry out our long-term business plan by making continued investments in our administrative and financial services,” said Passport Chairman and CEO Jim Lackey. “We were also pleased to complete our fourth project in 30 months with Brentwood Capital Advisors as our financial advisor. In 2008, they helped us with the acquisition of Nebo Systems, refinanced our debt and completed this complicated recapitalization involving three private equity firms. BCA has been a key, respected member of our team and we have enjoyed working with them.”

“Passport is recognized as a leader in the revenue cycle management sector with an attractive business model and highly scalable platform,” commented Kevin Murphy, Managing Partner at Brentwood Capital Advisors. “We are proud to have worked with management and the Board to bring in strong partners such as Spectrum, Great Hill and Primus with the capital resources and expertise to help accelerate Passport’s internal and acquisition growth objectives.”

As part of the transaction, William Collatos and Jim Quagliaroli of Spectrum Equity and Matthew Vettel and Mark Taber of Great Hill will join Passport’s Board of Directors. Phillip Molner of Primus and CEO Jim Lackey will remain Directors of the company.

About Passport Health Communications

Passport Health Communications, Inc., Nebo Systems, Inc. and The Cosand Group, a family of companies owned by Passport Holding Corporation, provide health care technology to more than 5,300 hospitals, physician practices and other health care providers in all 50 states. The companies deliver a range of administrative, clinical and financial tools via real-time, batch and integrated technology to improve the efficiency and accuracy of the revenue cycle process. For more information, visit www.passporthealth.com.

About Brentwood Capital Advisors LLC

Brentwood Capital Advisors LLC, founded in 1999, is a privately held investment bank headquartered in Nashville, Tennessee, providing mergers and acquisition and capital-raising advisory services to middle-market healthcare and business services companies. Since 2002, BCA has served as exclusive financial advisor on 25 completed healthcare transactions.

About Spectrum Equity Investors

Spectrum Equity Investors is a leading private equity firm specializing in investments in profitable, growing service businesses throughout North America and Europe. Founded in 1994 with offices in Boston and Menlo Park, Spectrum currently manages over $4.0 billion in capital. For more information, please visit www.spectrumequity.com.

About Great Hill Partners

GHP is a private equity firm that manages over $2.5 billion in capital to finance the expansion, recapitalization or acquisition of growth companies in a wide range of sectors within the business and consumer services, media, communications and software industries. GHP targets investments of $50 million to $150 million. For more information, please visit www.greathillpartners.com.

About Primus Capital Funds

Founded in 1983, Primus Capital Funds (“Primus”) is a private equity firm that invests in highgrowth companies within the healthcare, business services, communications, and for-profit education industry sectors. Transaction types include management-led buyouts, control and noncontrol recapitalizations, and primary infusions of growth capital. More information about Primus can be found at www.primuscapital.com.