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EXHIBIT 99.1
CONTACT: THOMAS W. ZAUCHA, PRESIDENT & CEO
NORTHSTAR HEALTH SERVICES, INC.
(724) 465-3200
OR
JAMES R. MARTIN, CFO AND TREASURER
NORTHSTAR HEALTH SERVICES, INC.
(724) 465-3215
FOR IMMEDIATE RELEASE
NORTHSTAR HEALTH SERVICES, INC. ANNOUNCES
UPDATED TIMETABLE FOR MERGER TRANSACTION
INDIANA, PA - JUNE 30, 2000 - Northstar Health Services, Inc. (OTCBB:NSTR) (the
"Company") announced today that the closing of the proposed merger between the
Company and Benchmark Medical, Inc., originally anticipated to close at the end
of June 2000, is now expected to occur on or about August 31, 2000.
Northstar Health Services, Inc., is a leading provider of physical therapy
rehabilitation and contracted long term care services at outpatient
rehabilitation clinics and by contract to other healthcare facilities in
Pennsylvania and Ohio.
Forward-looking statements in this release are made pursuant to the "safe
harbor" provisions of the Private Securities Litigation Reform Act of 1995.
Investors are cautioned that such forward-looking statements involve risks and
uncertainties, including, without limitations, changes in policies regarding
reimbursement, increased levels of competition, and the ability to have its
Common Stock relisted on a national market or exchange and other risks detailed
from time to time in the Company's SEC reports.
Press release June 30, 2000
