For Immediate Release

Salix Ventures Announces Sale of Titan Health Corporation

NASHVILLE, TN (September 6, 2011) -- Salix Ventures announced today the sale of its portfolio company Titan Health Corporation to United Surgical Partners International, Inc., a Dallas-based outpatient surgery company controlled by Welsh, Carson, Anderson & Stowe. Titan, based in Sacramento, California, managed 17 ambulatory surgery centers across the country, with a concentration in orthopedics, spinal diagnostics and pain management. Titan developed its centers in partnership with physicians that allowed for significant physician ownership. Terms were not disclosed.

Salix Ventures invested in Titan's Series A Preferred stock financing in December 2001 and each financing round thereafter. David Ward, a principal of Salix Ventures, served as Salix's designee on Titan's Board of Directors.

According to Mr. Ward, "Salix is very pleased with this transaction. Our excellent returns from the investment are another example of the rewards of capital efficiency. We thank David Hall, Marc Jang and the remainder of Titan's management team for their discipline as they built the company over the last 10 years, minimizing investment capital and focusing on shareholder value."

About Salix Ventures
Salix Ventures manages two venture capital partnerships with approximately $180 million in capital commitments from limited partners. With offices in Andover and Nashville, Salix Ventures invests exclusively in health care services companies.