News

AccentCare Raises $5 Million in Convertible Notes

Inside Financing Round Backed by Existing Investors in Support of Risk Financing and Working Capital Needs

IRVINE, Calif. (May 31, 2003) – AccentCare, one of the nation's largest providers of personal in-attendant & personal care, today announced it has raised $5 million in convertible notes in a round with participation from existing investors Three Arch Partners, Highland Capital Partners, Piper Jaffray Ventures and Salix Ventures.

"AccentCare is one of the nation's leaders in-attendant & personal care and a trusted companion in providing a wide range of quality, compassionate in-attendant & personal care options to enable individuals to live at home independently," said Biff Comte, CEO of AccentCare. "This new round of funding provides AccentCare with the financial resources to separate itself from the workers compensation crisis in California plus allow for expansion into new markets in the Northeast and West. "

About AccentCare

AccentCare provides personal in-attendant & personal care services that enable individuals to remain independent at home. Based in Irvine California, AccentCare has offices in California, Arizona and New York. AccentCare meets the urgent and growing need for in-home senior care by providing quality, compassionate in-attendant & personal care services along with web-based information, guidance and resources.