Avondale Partners to Host Behavioral Healthcare Conference June 12, 2008 in New York.

NASHVILLE, Tenn. -- Avondale Partners, LLC, a national investment banking firm, will host a behavioral healthcare conference next month in New York, announced Sarah Sherck, Avondale's director of research.

The conference will be held Thursday, June 12 at the Millennium Broadway Hotel, and it is designed to bring together institutional investors and industry executives from public and private companies in the behavioral healthcare sector. The format for the seminar includes individual company presentations and a private company luncheon panel discussion.

Top executives from nine major companies in the public realm of the industry will provide investor presentations as well as a discussion of general industry trends. The companies presenting are:

Providence Service Corporation (NASDAQ:PRSC); Cornell Companies, Inc. (NYSE:CRN); CRC Health Group, Inc.; The GEO Group, Inc. (NYSE:GEO); Pioneer Behavioral Health, Inc. (AMEX:PHC); ResCare, Inc. (NASDAQ:RSCR); National Mentor Holdings, Inc.; Universal Health Services, Inc. (NYSE:UHS); and Psychiatric Solutions, Inc. (NASDAQ:PSYS).

The panel discussion will feature chief executives of leading private companies in the behavioral healthcare market. Scheduled to conduct this discussion are:

Trey Carter, president and CEO, Acadia Healthcare; Ed Stack, president and CEO, Behavioral Centers of America; Michael Cartwright, founder, Foundations Associates; Michael S. Pinkert, chairman and CEO, MHM Health Services, Inc.; and Mary Jane Gross, R.N., M.N, CEO and founder, Stars Behavioral Health Group, Inc.

"The behavioral healthcare conference is the second this year in Avondale's continuing series of industry centric conferences," said Sherck. Avondale held a conference focused on the consumer sector, May 20. "The conferences are part of a focused effort to provide institutional investors with expert commentary and investment insight on specific industry sectors. We continue to see expansive growth in the behavioral health sector and have assembled a broad spectrum of industry leaders to make this event valuable for all attendees."

More information and registration information can be found at the Avondale Partners web site, www.avondalepartnersllc.com.

Avondale Partners, LLC is a leading, full-service institutional investment bank headquartered in Nashville, Tenn., with offices in Baltimore, Boston, Philadelphia, San Diego, San Francisco and St. Louis. Avondale offers high quality equity research and sales and trading execution to institutional clients throughout the U.S., Canada and Europe as well as institutional asset management. In addition, the firm focuses on providing M&A advisory services, debt and equity underwriting, and private placements of bank debt, mezzanine finance and equity capital for its corporate finance clients. Since its inception in 2001, Avondale Partners has executed more than 100 investment banking transactions and assignments for its clients exceeding $9.7 billion in total value.