ZGCO Ziegler Companies Inc (CE)

Ziegler Capital Management (PINKSHEETS: ZGCO) will be acquiring Lotsoff Capital Management effective June 10, 2011. The combined firm will have over $4 billion in assets under management across the fixed income, active equity and alternatives spectrum. The CEO of the combined firm will be Scott A. Roberts, CEO of Ziegler Capital. "This is an exciting opportunity to bring together the strong investment management skills and decades of industry experience that both firms have to offer. Our portfolio management teams will remain in place for our clients and will now be able to add significant infrastructure and resources to their areas of expertise. We are very optimistic about the future of the new firm." The combined firm is expected to be called Ziegler Lotsoff Capital Management and their headquarters will remain in Chicago.

About Lotsoff Capital Management LLC:

Lotsoff Capital Management, LLC was founded in 1981 as an interest rate risk consulting firm providing customized investment solutions and grew to become an innovative investment manager with expertise in core fixed income, active equities and alternative investments. Lotsoff has a broad institutional client base in the Taft-Hartley, Public Fund, Endowment and Foundation, Healthcare and Corporate arenas as well as an established high net worth client base.

About Ziegler Capital Management LLC:

Ziegler Capital Management, LLC has a proven history of providing investment solutions for institutions, mutual fund sub-advisory clients, municipalities, pension plans and individual investors. Through its affiliation with The Ziegler Companies, Inc., the firm has established long-standing investment management relationships in the non-profit foundation, endowment, senior living and health care communities. The firm recently established an affiliation with Rizvi Traverse Management LLC, a private equity firm headquartered in Birmingham, Michigan.

For additional information, please contact Scott A. Roberts, President and Chief Executive Officer, Ziegler Capital Management. Email: sroberts@ziegler.com, Phone: 312-596-1573 or Allison J. Brink, Director of Marketing, Lotsoff Capital Management. Email brinka@lotsoff.com, Phone 312.368.1442.

Certain comments in this news release represent forward-looking statements made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements are subject to a number of risks and uncertainties, in particular, the overall financial health of the securities industry, the strength of the healthcare sector of the U.S. economy and the municipal securities marketplace, the ability of the Company to underwrite and distribute securities, the market value of mutual fund portfolios and separate account portfolios advised by the Company, the volume of sales by its retail brokers, the outcome of pending litigation, and the ability to attract and retain qualified employees.

Scott A. Roberts 312-596-1573 Email Contact