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PRESS RELEASE / ANNOUNCEMENTS Thursday, February 16, 2012

George Baker Joins Montecito Medical Acquisition Company

Montecito Medical Acquisition Company (MMAC), a leading medical related real estate company, announced today that George Baker has joined the company as Chief Investment Officer.


He will be responsible for managing and coordinating the company’s equity partnerships and investment strategy as well overseeing the company’s transactions group which coordinates all acquisitions and dispositions. Mr. Baker has served on Montecito’s Investment Committee since 2006 and has overseen more than $500 million in medical real estate investments.

“George has been involved with Montecito for almost a decade now as a founding partner of the company and long term member of our Board of Directors. We are thrilled he is expanding into a hands-on role, his broad experience, expertise in real estate and history of building successful businesses will be a strong asset to MMAC,” said CEO, Chip Conk.

Prior to this, Mr. Baker was President of Capital Creek Investments, an investment firm based in Aspen, Colorado. Mr. Baker has been involved in the financing and operations of numerous businesses in the United States and Europe.

Mr. Baker is a graduate from the University of Texas at Austin and currently resides in Aspen, Colorado.

About Montecito Medical

Montecito Medical is one of the nation’s largest, privately held companies specializing in acquiring and funding developments of medical related real estate. MMAC is dedicated to being the preferred resource for healthcare real estate developers, owners and healthcare systems seeking to monetize or expand their real estate holdings.

Montecito Research and Analytics, a wholly owned subsidiary of Montecito, is a proprietary analysis system comprised of over 10 terabytes of healthcare and demographic information. This research platform allows MMAC to drill down through all 30,000 zip codes in the U.S. to determine medical market viability as well as providing an analysis of unmet needs for additional inpatient beds, ancillary services, post-acute facilities and additional physician specialty needs within an individual market.

Montecito Medical Property Management is an industry leading, full service property management and leasing platform that focuses exclusively on medical real estate and the unique needs of physicians, hospitals and healthcare professionals.

For more information, please visit www.MontecitoMedical.com.

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