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Rural/Metro Wins Bid to Continue Medical Transportation Services to University of Colorado Hospital

Posted on: Wednesday, 16 August 2006, 09:00 CDT

SCOTTSDALE, Ariz., Aug. 16 /PRNewswire-FirstCall/ -- Rural/Metro Corporation announced today that it has won a competitive bid to continue as the preferred provider of non-emergency medical transportation services for University of Colorado Hospital. The company was simultaneously awarded a renewal contract to continue providing critical care medical transportation through the hospital's LifeLink program.

The contracts continue through June 2011 and are expected to generate a combined $7.5 million in net revenue over their five-year period.

Jack Brucker, President and Chief Executive Officer, said, "We are very pleased the University of Colorado Hospital Authority has once again chosen Rural/Metro as their trusted provider of medical transportation services. We look forward to further building on the business relationship we began in 1999 and to providing the highest levels of care and responsiveness to the hospital's growing patient base."

University of Colorado Hospital is the region's leading specialty care and referral center and includes two main hospital campuses, the University of Colorado Cancer Center, an outpatient care center, six primary care clinics, and a specialty outpatient center for ophthalmology care. It is also among the nation's best health care centers, ranking in nine of 16 specialties and reaching top-20 status in four categories according to the latest "America's Best Hospitals" survey by U.S. News & World Report.

University of Colorado Hospital and University of Colorado Health Sciences Center are in the process of relocating operations from downtown Denver to Aurora, Colorado, where the 578-acre former Fitzsimmons Army Medical Center is undergoing a $4.3 billion renovation to accommodate the expanding medical facilities

Boo Heffner, West Region President, said, "We are excited to be a part of the growth that has taken place in the region and specifically within the healthcare community in metro-Denver and Aurora. Our commitment to providing the best clinical care, customer service, and patient support remains strong as we look forward to serving University of Colorado facilities in the future."

David Patterson, Division General Manager in Aurora, added, "We have an exceptional team of EMS professionals in the metro-Denver area who work around the clock to respond to the needs of the community and our customers. We appreciate the opportunity to continue serving the University of Colorado Hospital facilities and will work diligently to see that our patients receive excellent care."

Rural/Metro is the exclusive provider of 911 emergency medical transportation services to the City of Aurora. The company also provides medical transportation services throughout the region, including contracts with The Medical Center of Aurora, Rose Medical Center, Centennial Medical Plaza, Spalding Rehabilitation Hospital, Swedish Medical Center, Buckley Air Force Base, PacifiCare, AirLife, and the Denver Health and Hospital Authority. The company employs more than 160 EMS professionals in the region who respond to approximately 40,000 calls for service each year.

About Rural/Metro

Rural/Metro Corporation provides emergency and non-emergency medical transportation, fire protection, and other safety services in 23 states and approximately 400 communities throughout the United States. For more information, visit the company's web site at http://www.ruralmetro.com/.

This press release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, among others, the company's ability to collect its accounts receivable; competitors' actions; litigation and regulatory matters; and the company's ability to sustain operating cash flow, secure new contracts, retain existing contracts, and improve earnings and operating margins. Additional factors that could affect the company are described in its Form 10-K for the year ended June 30, 2005 under the caption "Risk Factors" in the Management's Discussion and Analysis of Financial Condition and Results of Operations section, and other factors as described from time to time in the company's SEC filings. The company disclaims any obligation to update its forward-looking statements.

CONTACT: Liz Merritt, Rural/Metro Corporation (investors) (480) 606-3337 Jeff Stanlis, Hayden Communications (media) (602) 476-1821

Rural/Metro Corporation

CONTACT: investors, Liz Merritt of Rural-Metro Corporation,+1-480-606-3337; or media, Jeff Stanlis of Hayden Communications,+1-602-476-1821

Web site: http://www.ruralmetro.com/

Source: PRNewswire-FirstCall

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