RTSX Radiation Therapy Services (MM)

- Provides Growth Opportunity in Maryland Local Market - FORT MYERS, Fla., May 30 /PRNewswire-FirstCall/ -- Radiation Therapy Services, Inc. (NASDAQ:RTSX), a leading operator of radiation therapy centers, announced today it has signed an agreement to acquire a radiation therapy treatment center in Salisbury, Maryland for approximately $18.6 million, inclusive of $2.5 million of assumed debt. The acquisition is anticipated to be completed July 2, 2007. This freestanding facility currently treats approximately 30 patients per day with a single linear accelerator. The facility currently has intensity modulated radiation therapy (IMRT) and image guided radiation therapy (IGRT) programs. Total annual global revenues at the Salisbury facility are approximately $6.5 million. The acquisition will be financed by the Company's existing revolving credit facility. Dr. Daniel Dosoretz, President and Chief Executive Officer, said, "We are excited by this opportunity to expand our presence in the Delmarva Peninsula and to convert a hospital-based practice to a freestanding facility consistent with our strategy for market penetration. This facility already enjoys a successful physician practice with strong IMRT utilization, providing the opportunity for continued growth in this important market. Further, we have replaced the existing management agreement with Peninsula Regional Medical Center with this acquisition which will allow us to bill global revenue." About Radiation Therapy Services, Inc. Radiation Therapy Services, Inc., which operates radiation treatment centers primarily under the name 21st Century Oncology, is a provider of radiation therapy services to cancer patients. The Company's 80 treatment centers are clustered into 25 local markets in 16 states, including Alabama, Arizona, California, Delaware, Florida, Kentucky, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island and West Virginia. The Company is headquartered in Fort Myers, Florida. More information about the Company can be found at its Web site http://www.rtsx.com/. RTSXG This release may contain forward-looking statements about the Company's future plans, expectations and objectives, including, but not limited to, the Company's expected financial results and estimates for 2007. Words such as "may," "will," "expect," "intend," "anticipate," "plan," "believe," "seek," "could" and "estimate" and variations of these words and similar expressions are intended to identify forward- looking statements. These forward-looking statements are not historical facts and are subject to risks and uncertainties that could cause the actual results to differ materially from those projected in these forward-looking statements including, but not limited to the Company's actual financial results, those risk factors described in the "Risk Factors" section and other information in the Company's most recently filed annual report on Form 10-K, as well as the Company's other filings with the Securities and Exchange Commission which are available on the SEC's website at http://www.sec.gov/. Readers of this release are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to publicly update or revise the forward-looking statements contained herein to reflect changed events or circumstances after the date of this release. Contacts: Dave Koeninger Chief Financial Officer Radiation Therapy Services, Inc. 239-931-7282 David Watson Executive Vice President - Finance Radiation Therapy Services, Inc. 239-931-7281 Investors Nick Laudico The Ruth Group 646-536-7030 DATASOURCE: Radiation Therapy Services, Inc. CONTACT: Dave Koeninger, Chief Financial Officer of Radiation Therapy Services, Inc., +1-239-931-7282, ; or David Watson, Executive Vice President - Finance, of Radiation Therapy Services, Inc., +1-239-931-7281, ; or Investors, Nick Laudico of The Ruth Group, +1-646-536-7030, , for Radiation Therapy Services, Inc. Web site: http://www.rtsx.com/

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