Life Critical Care Corporation
Proposed Ticker: LCCC 3333 W. Commercial Bolevard, Suite 203
Exchange: NASDAQ-National Market Fort Lauderdale, Florida 33309
Industry: Service (954) 486-0424

All share information is proposed
Type of Shares:Common Shares Filing Date:10/24/96
U.S. Shares Filed:2,000,000 Filing Price:$5.50
Non-U.S. Shares Filed:0 Offering Amount: $11,000,000
Primary Shares:2,000,000 Expenses:$1,010,000
Secondary Shares:0 Shs Out After:4,000,000

ManagerTierPhone
H.J. Meyers & Company, IncorporatedLead Manager (310) 278-7880

Audited
Income
Latest
Unaudited
Income
Prior
Unaudited
Income
Balance
Sheet
12/31/95 6/30/96 6/30/96
Revenue:$11.48$5.89Assets:$20.85
Net Income:$1.03$0.52Liabilities:$8.66
EPS:$0.29$0.13Equity:$12.19

Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year,
unaudited figures are partial year

Business Description
The company is a provider of home health care products and services in the Northern Midwest region of the United States. The company provides a wide range of home health care products and services, including respiratory therapy services and home medical equipment sales and rentals. The company operates from a total of 21 locations in Michigan and Wisconsin. The company believes that the Midwest region offers significant growth opportunities due to the fragmentation of the home health market in the region. The company's objective is to become a leading comprehensive provider of home health care products and services in the Midwest through acquisitions, internal growth and the development of provider networks and strategic alliances with other home health care providers. The company was founded in June 1995.

Use of Proceeds
The proceeds from the proposed offering will be used to pay a part of the cash portion of the purchase price for the acquired companies and to repay indebtedness.

Last updated: 11/3/96

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