"DWHP is the ideal partner for Genesis,” said Sandy Morford, co-founder and CEO of Genesis. “With DWHP as a financial and strategic partner, we expect to attract new customers and increase our visibility as the leading independent medical equipment asset management company in the country."

"We are thrilled to have been chosen by Genesis as a strategic partner,” said William “Skip” Klintworth, co-founder and partner at DWHP. “Genesis is well positioned to benefit from increased outsourcing by hospitals of non-core activities. The company has an excellent reputation for high quality service. Hospitals throughout the United States stand to profit from the value-added services Genesis provides."

Genesis Technology Partners, based in San Dimas, California, is a medical technology management firm focused on partnering with hospitals and integrated health systems to provide them with innovative asset management solutions and objective advice with respect to technology-related issues. More information about Genesis can be found at www.genesispartners.net.

DW Healthcare Partners, based in Salt Lake City, Utah, is a private equity firm focused exclusively on the healthcare industry. The partners of DWHP have more than 60 years of experience in healthcare. DWHP targets traditional healthcare companies, such as medical device manufacturers & distributors, outpatient-based clinics, and providers of outsourced hospital services. The firm typically invests in cash-flow positive companies with $2-10 million in EBITDA. More information about DHWP can be found at www.dwhp.com.