Addus HomeCare Announces Filing of Complaint Seeking Temporary Restraining Order

  Addus HomeCare Announces Filing of Complaint Seeking Temporary Restraining
                                    Order

PR Newswire

PALATINE, Ill., Feb. 20, 2013

PALATINE, Ill., Feb. 20, 2013 /PRNewswire/ --Addus HomeCare Corporation
(Nasdaq: ADUS), a provider of home-based social and medical services focused
on the elderly dual eligible population, announced today that on February 19,
2013, it received notice that Advantage Health Systems, Inc. has filed an
action in the Court of Chancery of the State of Delaware seeking, among other
things, a temporary restraining order and a preliminary injunction to prevent
the Company from closing upon, or otherwise carrying out the Company's
agreement to sell, its home health division to LHG Group, Inc. pursuant to the
terms of the Asset Purchase Agreement, dated as of February 7, 2013, among
subsidiaries of the Company and LHC Group, Inc. and certain of LHC Group,
Inc.'s subsidiaries. Advantage's claims are predicated upon, among other
things, its assertion that the sale contemplated by the Asset Purchase
Agreement constitutes a breach of certain provisions of an agreement relating
to an up to $1 million earn-out entered into between the Company and Advantage
in connection with the Company's acquisition of CarePro in 2010.

The Company believes Advantage's actions are without merit and will take
appropriate legal action as necessary to preserve the Company's rights. The
Company is fully committed to consummation of the transactions contemplated by
the Asset Purchase Agreement as planned on or about February 28, 2013,
although the actions taken by Advantage may or may not result in a delay.

About Addus

Addus is a provider of a broad range of social and medical services in the
home. Addus' services include personal care and assistance with activities of
daily living, skilled nursing and rehabilitative therapies, and adult day
care. Addus focuses on serving the needs of the elderly dual eligible
population. Addus' consumers are individuals with special needs who are at
risk of hospitalization or institutionalization, such as the elderly,
chronically ill and disabled. Addus' payor clients include federal, state and
local governmental agencies, commercial insurers and private individuals. For
more information, please visit www.addus.com.

Forward-Looking Statements

Certain matters discussed in this press release constitute forward-looking
statements within the meaning of the Private Securities Litigation Reform Act
of 1995. Such forward-looking statements may be identified by words such as
"continue," "expect," and similar expressions. Forward-looking statements
involve a number of risks and uncertainties that may cause actual results to
differ materially from those expressed or implied by such forward-looking
statements, including our expectations regarding the consummation of the
transactions contemplated by the Asset Purchase Agreement with LHC Group,
Inc. There can be no assurance that such closing will proceed as planned due
to the inherent uncertainties of litigation. There can be no assurance as to
the outcome of the action filed by Advantage or its impact on the transactions
contemplated by the Asset Purchase Agreement with LHC Group, Inc. Addus
HomeCare undertakes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise.

Investor Contact:
Dennis Meulemans
Chief Financial Officer
Phone: (847) 303-5300
Email: DMeulemans@addus.com

SOURCE Addus HomeCare Corporation

Website: http://www.addus.com
 
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