Carestream Health Establishes Its Founding Board of Directors

    ROCHESTER, N.Y., August 16 /CNW/ - Carestream Health, Inc., today
announced members of its founding Board of Directors, which will help drive
the company's growth as an independent healthcare technology leader. The new
Board is charged with overseeing the company's strategy and supporting its
vision "to change the landscape of healthcare by providing solutions that
dramatically improve the quality and cost of care."

    Robert M. Le Blanc, a Managing Director of Onex Corporation, will serve
as the Board's Chairman. Other Board members are Robert M. Haft, Kevin J.
Hobert, James T. Kelly, Michael C. Pomeroy, and Eliot L. Siegel, M.D.

    Carestream Health began operations as a standalone entity in May, when
Onex Corporation (TSX: OCX), headquartered in Toronto, Canada, acquired
Eastman Kodak Company's Health Group in a transaction valued at US$2.35
billion. Carestream Health today is a health imaging and IT company with more
than US$2.5 billion in revenue and approximately 8,100 employees worldwide.
Onex, with annual consolidated revenues of US$27 billion, is one of Canada's
largest corporations, with operating companies in a variety of industries,
including electronics manufacturing services, aerostructures manufacturing,
healthcare, financial services and more.

    "Carestream Health has great customer relationships, a leading portfolio
of healthcare imaging and IT solutions, and a motivated and talented team,"
said Kevin J. Hobert, Chief Executive Officer of Carestream Health. "Our new
Board provides a wealth of experience and expertise in business, healthcare,
and information technology and is engaged in helping us build on our
strengths, deliver value to our customers and grow our business."

    Carestream Health Board of Directors

    Three of the six Carestream Health Board members are from outside the

    Robert M. Haft is Chairman, MainStreet Lender, a direct national
commercial lender, and one of 14 non-bank lenders authorized by the U.S. Small
Business Administration to make government guaranteed loans. As Co-Founder of
MainStreet Lender, Haft has founded and managed five financial, investment,
and retail companies, led three companies to initial public offerings, and
served as CEO or President of two public companies with more than $1 billion
in revenue.

    Kevin J. Hobert is Chief Executive Officer, Carestream Health. Hobert
formerly served as President of Kodak's Health Group and as a Kodak Senior
Vice President. Prior to joining Kodak, he led a global business segment for
GE Healthcare, a division of General Electric Company.

    James T. Kelly is a private investor. He served as President and Chief
Executive Officer of Lincare Holdings Inc. from 1986 to 1996 and as Chairman
of the Board of Lincare from 1994 to 2000. Lincare is a publicly traded
company that provides patients in-home respiratory care, infusion therapy and
medical equipment. Currently, Kelly serves as a Director of American Dental
Partners, Inc., Emergency Medical Services Corp., and HMS Holdings Corp.

    Robert M. Le Blanc is Managing Director, Onex Corporation. Le Blanc has
led Onex' acquisitions in the healthcare sector, and is a Director of several
Onex companies, including Emergency Medical Services Corp., Res-Care, Inc.,
Center for Diagnostic Imaging, Inc., Skilled Healthcare Group, Inc., and The
Warranty Group, Inc. Le Blanc also serves on boards at several other
companies, including Magellan Health Services, First Berkshire Hathaway Life,
and Connecticut Children's Medical Center.

    Michael C. Pomeroy is Chief Financial Officer, Carestream Health. He
formerly served as Chief Financial Officer and Vice President of Kodak's
Health Group. Pomeroy's credentials also include a 20-year career at General
Electric, where he led the European finance operations for the Aircraft
Engines division, a $2 billion business delivering record revenue, income and
cash flows for two successive years.

    Eliot L. Siegel, M.D., is Professor and Vice Chair, University of
Maryland School of Medicine, Department of Diagnostic Radiology. He also
serves as Chief of Radiology and Nuclear Medicine for the Veterans Affairs
Maryland Healthcare System. Under Siegel's guidance, the VA Maryland
Healthcare System became the first "filmless" (all digital) healthcare
enterprise in the United States. He is recognized worldwide as a premier
authority on digital medical imaging and is currently responsible for the
National Cancer Institute's Image Archive and serves as workspace lead of
NCI's caBIG In Vivo Imaging Workspace.

    Full bios of each board member, as well as their photos, can be found on
Carestream Health's web site (

    "This outstanding team of directors perfectly complements the talents of
Carestream Health's leadership team and the company's dedicated employees
around the world," Le Blanc said. "Together, we are confident that we can
enable our customers to be successful, create lasting value for the
organization, and positively influence the healthcare landscape for
generations to come."

    About Carestream Health, Inc.

    With revenues of more than $2.5 billion, Carestream Health, Inc., is a
leading provider of dental and medical imaging systems and healthcare IT
solutions; molecular imaging systems for the life science research and drug
discovery/development market segments; and x-ray film and digital x-ray
products for the non-destructive testing market. The company emerged in 2007
when Onex Corporation (TSX: OCX) of Toronto, Canada, purchased Eastman Kodak
Company's Health Group. For more information about Carestream Health, contact
your Carestream Health representative or visit

    CARESTREAM, DIRECTVIEW and DRYVIEW are trademarks of Carestream Health,

    KODAK is a trademark of Kodak used under license.

For further information:

For further information: Carestream Health, Inc. Media: John LaBella,

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