Alegro Health Corp. announces name change to Centric Health Corporation



    TORONTO, Aug. 27 /CNW/ - Alegro Health Corp. (TSX-V: AGO), a provider of
medical, surgical and rehabilitation and disability management services, today
announced that it has changed its name to Centric Health Corporation. The
Company received shareholder approval to change its name at a special meeting
of shareholders held on August 25, 2009. The reason for the name change is
that Management believes the new name better aligns the Company and brand with
the industry in which it operates.
    "The Management, Board and employees are very excited about the name
change from Alegro to Centric Health," said Brenda Rasmussen, President and
CEO of Centric Health Corporation. "It more accurately reflects the centric
focus on patients and healthcare professionals that we have engrained in the
culture of our Company."

    About Centric Health

    Centric Health is a leading healthcare services provider capturing high
value opportunities by providing additional access to select quality
healthcare services. Through its divisions - Disability & Rehabilitation
Management and Surgical/Hospital Services - Centric is delivering additional
resources to the Canadian public healthcare services and addressing the
growing demand for insured and discretionary healthcare services. With
superior knowledge of the healthcare industry, extensive and trusted
relationships with payers, physicians, and government agencies, Centric is
pursuing a vertically integrated approach and an aggressive acquisition
strategy to achieve its growth objectives. Centric is listed on the TSX
Venture Exchange under the symbol AGO.

    This press release contains statements that may constitute
"forward-looking statements" within the meaning of applicable Canadian
securities legislation. These forward-looking statements include, among
others, statements regarding business strategy, plans and other expectations,
beliefs, goals, objectives, information and statements about possible future
events. Readers are cautioned not to place undue reliance on such
forward-looking statements. Forward-looking statements are based on current
expectations, estimates and assumptions that involve a number of risks, which
could cause actual results to vary and in some instances to differ materially
from those anticipated by Centric Health and described in the forward-looking
statements contained in this press release. No assurance can be given that any
of the events anticipated by the forward-looking statements will transpire or
occur or, if any of them do so, what benefits Centric will derive there from.

    
    This release was prepared by management of the Company who takes full
    responsibility for its contents. The TSX Venture Exchange has not
    reviewed and does not accept responsibility for the adequacy or accuracy
    of this news release.
    

    %SEDAR: 00016656E




For further information:

For further information: Peter Walkey, Chief Financial Officer, Centric
Health Corporation, (416) 927-8400 ext. 309, pwalkey@centrichealth.ca; Michael
Moore, Investor Relations, Equicom Group, (416) 815-0700 ext. 241,
mmoore@equicomgroup.com


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