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Allion
Healthcare Joins Russell 3000®,
2000®
and
MicrocapTM Indexes
MELVILLE, NY, October
6, 2005 – Allion Healthcare, Inc. (NASDAQ: ALLI), a national provider of
specialty pharmacy and disease management services focused on HIV/AIDS
patients, announced today that it was added to
the Russell 3000®, 2000® and MicrocapTM
Indexes, effective September 30, 2005.
Russell indexes are widely used by investment managers and institutional
investors for index funds and as benchmarks for both passive and active
investment strategies. Investment managers who oversee these funds purchase
shares of member stocks according to that company's weighting in the
particular index.
“We are
pleased that Allion has been added to the Russell 3000®, 2000®
and MicrocapTM Indexes,” said Michael Moran, President and Chief
Executive Officer of Allion Healthcare. “Our inclusion will facilitate
broadening the visibility of our Company among the wide base of
institutional portfolios that use the Russell as a benchmark in their
investment strategies.”
In August
of 2004, Russell announced that its family of U.S. indexes will add IPOs on
a quarterly basis to enhance market representation without significant
turnover. Currently, more than $2.5 trillion in assets are benchmarked to
these indexes.
About Allion
Healthcare, Inc.
Allion Healthcare, Inc. is a national provider of specialty pharmacy and
disease management services focused on HIV/AIDS patients. Allion Healthcare
sells HIV/AIDS medications, ancillary drugs and nutritional supplies under
the trade name MOMS Pharmacy. Allion offers nationwide pharmacy care from
its pharmacies in California, New York, Washington, and Florida. Allion
Healthcare works closely with physicians, nurses, clinics, AIDS Service
Organizations, and with government and private payors, to improve clinical
outcomes and reduce treatment costs for patients.
Safe
Harbor Statement
Certain statements included in this press release, which are not historical
facts, are forward-looking statements. Such forward-looking statements are
made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements represent
our expectations or beliefs and involve certain risks and uncertainties,
including those described in our public filings with the United States
Securities and Exchange Commission; also including, but not limited to,
competitive pressures, changes in customer mix, changes in third party
reimbursement rates, changes in government regulations or the interpretation
of these regulations, growth opportunities, cost savings, revenue
enhancements, synergies and other benefits anticipated from acquisition
transactions, difficulties relative to integrating acquired businesses, the
accounting and tax treatment of acquisitions, and asserted and unasserted
claims, which could cause actual results to differ from those in the
forward-looking statements. The forward-looking statements by their nature
involve substantial risks and uncertainties, certain of which are beyond our
control, and actual results may differ materially depending on a variety of
important factors. You are cautioned not to place undue reliance on these
forward-looking statements that speak only as of the date herein.
Contact:
Allion Healthcare, Inc.
Jim Spencer, Chief Financial Officer
(631) 870-5126
The Ruth Group
Francesca DeMartino, Investor Relations
(646) 536-7024
fdemartino@theruthgroup.com
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