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Lincare Holdings Inc. Extends Terms of Employment Agreements with Executive Officers
Date:10/5/2009

CLEARWATER, Fla., Oct. 5 /PRNewswire-FirstCall/ -- Lincare Holdings Inc. (Nasdaq: LNCR) today announced that it has extended the terms of the employment agreements with its Chief Executive Officer, John P. Byrnes, its President and Chief Operating Officer, Shawn S. Schabel and its Chief Financial Officer, Paul G. Gabos. The agreements provide for the continuation of each executive officer's employment with the company for three additional years through December 31, 2012. The employment agreements amend the previous agreements that were set to expire on December 31, 2009.

Lincare, headquartered in Clearwater, Florida, is one of the nation's largest providers of respiratory therapy and other services to patients in the home. The Company provides services and equipment to more than 700,000 customers in 48 states.

Statements in this release concerning future results, performance or expectations are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. All forward-looking statements included in this document are based upon information available to Lincare as of the date hereof and Lincare assumes no obligation to update any such forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause Lincare's actual results, levels of activity, performance or achievements to be materially different from any results, levels of activity, performance or achievements expressed or implied by any forward-looking statements. In some cases, forward-looking statements that involve risks and uncertainties contain terminology such as "may," "will," "should," "could," "expects," "intends," "plans," "anticipates," "believes," "estimates," "predicts," "potential," or "continue" or variations of these terms or other comparable te
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SOURCE Lincare Holdings Inc.
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