Alliance HealthCare Services acquires certain radiation therapy assets from Arkansas Cancer Center

Alliance HealthCare Services, Inc. (NYSE:AIQ) (the "Company" or "Alliance"), a leading national provider of outpatient diagnostic imaging and radiation therapy services, announced the acquisition of certain radiation therapy assets from Arkansas Cancer Center, P.A. The purchase price is expected to total approximately $9 million in cash and assumed indebtedness.

Paul S. Viviano, Chairman of the Board and Chief Executive Officer, stated, "We are extremely pleased to announce the acquisition of a radiation therapy facility in Pine Bluff, Arkansas and look forward to integrating it into our portfolio of centers in the Southeast region of the country. With a reputation for the highest levels of clinical care and patient satisfaction, the addition of this facility will play an important role in the continued growth of Alliance Oncology."