CML HealthCare Income Fund Appoints New Chairman



    Toronto Stock Exchange Symbol: CLC.UN

    MISSISSAUGA, ON, Aug. 17 /CNW/ - CML Healthcare Inc. and CML HealthCare
Income Fund (the "Fund"), (TSX: CLC.UN) today announced that Mr. Waldemar
Zimmerman, B.A., L.L.B., has been appointed Chairman of CML HealthCare's Board
of Directors and the Fund's Board of Trustees. Dr. John Mull, M.D., FRCP(C),
will remain on CML HealthCare's Board of Directors and the Fund's Board of
Trustees as Founding Chairman.
    "Mr. Zimmerman has been a long serving member of our Board of Directors
and has acted as Lead Trustee, Vice-Chair and Chairman of the Compensation
Committee for the Fund since 2004," said Dr. John Mull, Founding Chairman of
CML HealthCare. "Waldemar's leadership, extensive business experience and
corporate governance expertise have been invaluable to CML and we look forward
to his continued guidance in the years ahead."
    Mr. Zimmerman is the principal of Zimmerman Lawyers, Hamilton, Ontario.
His areas of practice are concentrated in civil litigation (with emphasis on
corporate, commercial and employment disputes including shareholder litigation
involving all financial aspects of corporations) and appellate advocacy
including before the Supreme Court of Canada. Mr. Zimmerman also serves as
Vice-Chair and Lead Director of the Board of Directors of Cipher
Pharmaceuticals Inc., originally the pharmaceutical division of CML
HealthCare, as well as a director of a number of private corporations. He is a
member of the Law Society of Upper Canada, Canadian Bar Association, the
Hamilton Law Association, the Institute of Corporate Directors, the Canadian
Club and former president of one of the major political parties in Ontario.
Mr. Zimmerman received his B.A. from McMaster University in 1961 and his LL.B.
from Osgoode Hall Law School in 1964.

    Caution concerning forward-looking statements
    ---------------------------------------------
    Statements made in this news release, other than those concerning
historical financial information, may be forward-looking and therefore subject
to various risks and uncertainties. Some forward-looking statements may be
identified by words like "may", "will", "anticipate", "estimate", "expect",
"intend", or "continue" or the negative thereof or similar variations. Readers
are cautioned not to place undue reliance on such statements, as actual
results may differ materially from those expressed or implied in such
statements. Factors that could cause results to vary include, but are not
limited to: dependence on government-based revenues; pending and proposed
legislative or regulatory developments including the impact of changes in
laws, regulations and the enforcement thereof; intensifying competition from
established competitors and new entrants in the businesses in which we
operate; technological change; interest rate fluctuations and general economic
conditions; insurance coverage of sufficient scope to satisfy any liability
claims; fluctuations in operating results; dependence on our operating
subsidiary to pay its interest obligations; fluctuations in cash distributions
and capital investment; management of credit, market, liquidity and funding
and operational risks; judicial judgments and legal proceedings; our ability
to complete strategic acquisitions and to integrate our acquisitions
successfully; changes in accounting policies and methods we use to report our
financial condition, including uncertainties associated with critical
accounting assumptions and estimates; operational and infrastructure risks
including possible equipment failure and performance of information technology
systems; fluctuations in total patient referrals; loss of services of key
senior management personnel; other factors that may affect future growth and
results including, timely development and introduction of new products and
services; changes in our estimates relating to reserves and allowances; future
sales of units; changes in tax laws; technological changes and obsolescence,
natural disasters, the possible impact on our businesses from public health
emergencies, international conflicts and other developments including those
relating to terrorism; and our success in anticipating and managing the
foregoing risks.
    We caution that the foregoing list of factors is not exhaustive and that
when reviewing our forward-looking statements, investors and others should
refer to the "Risk Factors" section of the Fund's Annual Information Form, the
"Business Risks" and other sections of our Management's Discussion and
Analysis of Operating Results and Financial Position and our other periodic
filings with Canadian securities regulatory authorities. All forward-looking
statements presented herein should be considered in conjunction with such
filings. The Fund does not undertake to update any forward-looking statements;
such statements speak only as of the date made.

    About CML HealthCare Income Fund

    CML HealthCare Income Fund is an unincorporated open-ended trust that
owns CML HealthCare Inc., one of Canada's largest healthcare services
businesses. CML is a leading provider of laboratory testing services in
Ontario and the largest private provider of medical imaging services in
Canada. CML HealthCare Income Fund is publicly traded on the Toronto Stock
Exchange under the symbol "CLC.UN" and has approximately 86.6 million units
outstanding. To reach CML HealthCare Income Fund via the worldwide web log on
to www.cmlhealthcare.com.

    %SEDAR: 00020333E




For further information:

For further information: Barry Hildred or Bruce Wigle, Investor
Relations, The Equicom Group Inc., (416) 815-0700 ext 224, ext 228, (416)
815-0080 fax, Email: bhildred@equicomgroup.com, or bwigle@equicomgroup.com;
Tom Weber, Chief Financial Officer, CML HealthCare Income Fund, (905)
565-0043, (905) 565-2844 fax, Internet: www.cmlhealthcare.com

Organization Profile

CML HEALTHCARE INC. (FORMERLY CML HEALTHCARE INCOME FUND)

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