PSAI Pediatric Services OF America (MM)

Pediatric Services of America, Inc., d/b/a PSA HealthCare (Nasdaq: PSAI) announced today that its Board of Directors has set a meeting and record date for its 2007 Annual Meeting of Stockholders. The Annual Meeting will be held on Tuesday, February 6, 2007 at the Northeast Atlanta Hilton Hotel, 5993 Peachtree Industrial Boulevard, Norcross, Georgia 30092 at 9:00 a.m. ET. PSA�s common stockholders of record as of December 8, 2006 will be eligible to vote at the meeting. PSA provides comprehensive pediatric home health care services through a network of 54 branch offices in 18 states, including satellite offices and branch office start-ups. Through these offices PSA provides a combination of services, including pediatric private duty nursing (PDN) and pediatric day treatment centers (PPECs). Additional information on PSAI may be found on the Company's website at http://www.psahealthcare.com. NOTE: Forward looking statements made in this release involve a number of risks and uncertainties, certain of which are beyond our control, including, but not limited to changes in government regulation and health care reforms, ability to execute the Company's strategic programs, ability to improve accounts receivable collections, changing economic and market conditions and other risk factors detailed in the Company's Securities and Exchange Commission filings. Any forward looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward looking statement or statements to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of an unanticipated event.