Graymark Healthcare and Foundation HealthCare to Combine

OKLAHOMA CITY, OK, May 15, 2012 (MARKETWIRE via COMTEX)—Graymark Healthcare, Inc., the nation’s second largest provider of diagnostic sleep services and an innovator in comprehensive care for obstructive sleep apnea, has signed a non-binding letter of intent to combine with Foundation Surgery Affiliates, LLC and Foundation Surgical Hospital Affiliates, LLC, together known as Foundation Healthcare, in an all-stock transaction valued at $1.10 per common share. The aggregate transaction value is approximately $52.5 million.

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