For Immediate Release SALIX VENTURES ANNOUNCES SALE OF INTELLICARE, INC. ANDOVER, MA (November 11, 2005) -- Salix Ventures announced today the sale of IntelliCare, Inc. to PolyMedica Corporation (NASDAQ:PLMD). PolyMedica is a Woburn, Massachusetts- based provider of health care products and services to patients suffering from chronic diseases. IntelliCare, Inc., based in Portland, Maine and a wholly-owned subsidiary of Salix portfolio company IntelliCare America, Inc., is a provider of outsourced call center and customer relationship management services to managed care plans, disease management companies, and hospital systems. Terms were not disclosed. Salix Ventures led IntelliCare's Series B Preferred stock financing in July 2000 with co-investors Cardinal Health Partners of Princeton, New Jersey and Charles "Kip" Moore. In June 2002, IntelliCare completed a Series C Preferred financing in which new investors Canaan Partners and Cutlass Capital joined the investor group. Chris Grant, a General Partner of Salix Ventures, served as Salix's designee on IntelliCare's Board of Directors. According to Mr. Grant, "Salix is pleased with this transaction and believes that PolyMedica has acquired a valuable asset that will blend well with their operations. We wish IntelliCare President and CEO Victor Otley and his team the best of luck with their new owner and thank him for his dedication over the last five years." About Salix Ventures Salix Ventures manages two venture capital partnerships with approximately $180 million in capital commitments from limited partners. Salix invests primarily in early-stage healthcare services and healthcare information technology companies. With offices in Andover, Nashville and San Francisco, Salix Ventures assists companies across the country through all stages of development.