Oshkosh Truck to Acquire AK Specialty Vehicles from Healthtronics, Inc.

OSHKOSH, Wis.--June 23, 2006--Oshkosh Truck Corporation :

-- Expands Presence in Mobile Command Centers and Adds Mobile Medical and Broadcast Vehicles

-- Continues Diversification into Complementary Product Lines and Strengthens European Offering

-- Offers Opportunities for Technology Sharing with Other Oshkosh Subsidiaries

Oshkosh Truck Corporation , a leading manufacturer of specialty trucks and truck bodies, today announced the signing of a definitive agreement to purchase all the stock and membership interests of AK Specialty Vehicles, a world leader in mobile medical, homeland security command and communications, and broadcast vehicles, from Healthtronics, Inc. in a cash transaction worth approximately $140 million.

The acquisition is expected to further diversify Oshkosh Truck's business in the global specialty truck industry, strengthen Oshkosh's position within the homeland security industry for command and communications vehicles and continue its expansion in the European specialty vehicle market.

"We believe that AK Specialty Vehicles offers profitable, near-term growth prospects and is in line with our existing acquisition strategy and initiative for continued diversification within complementary markets," said Robert G. Bohn, Oshkosh chairman, president and chief executive officer. "AK Specialty Vehicles and its brands are renowned and recognized leaders in their respective markets for technology integration and exceptional customer service."

Acquisition Positions Oshkosh for Growth in New Truck Markets

"This acquisition again moves Oshkosh Truck into new markets and reaffirms our commitment to providing leading-edge products and technologies to specialty truck users. AK Specialty is respected for its technology leadership among broadcast and mobile medical vehicle customers, providing, we believe, opportunities for additional growth," stated Bohn.

AK Specialty Vehicles markets its mobile medical vehicles under the AK Specialty brand to North American medical centers and service providers. It is the only manufacturer certified by all major original equipment manufacturers of mobile medical imaging equipment - GE, Philips and Siemens. In Europe, its mobile medical vehicles are marketed under the SMIT brand. Mobile medical vehicles carry such equipment as mammography machines, catheterization labs and MRI machines.

Frontline is AK Specialty Vehicles' leading brand in the broadcast vehicle and command and communications vehicle industry, where the company markets a full line of television broadcast, satellite news gathering and microwave transmission electronic news gathering vehicles to broadcasters, TV stations, radio stations, and NASA.

Acquisition Expands Technology and Product Offering for Homeland Security

AK Specialty offers a wide range of customized command and communications vehicles to meet the needs of federal, state, and local governments, law enforcement, fire service and the military. Customers include the Federal Emergency Management Agency (FEMA), the U.S. Navy, the New York Police Department and the FBI.

Bohn said, "We believe that AK Specialty's expertise in technology and equipment integration for command and communications vehicles will be an ideal complement to our popular line of Pierce(R) homeland security vehicles. We are excited by the prospects for technology sharing between these two subsidiaries and the enhanced product offerings it can provide to our customers within the fire, police, government and military markets."

AK Specialty Vehicles is expected to operate as a wholly-owned subsidiary of Oshkosh Truck Corporation and be part of the corporation's fire and emergency business. Completion of the transaction is subject to certain customary conditions, and is expected to occur in July 2006. Oshkosh expects to finance the acquisition from available cash investments. The company will provide additional financial details during its earnings conference call on August 1, 2006.

About Oshkosh Truck Corporation

Oshkosh Truck Corporation is a leading manufacturer of specialty trucks and truck bodies for the defense, fire and emergency, concrete placement and refuse hauling markets. Oshkosh Truck is a Fortune 1000 company with products marketed under the Oshkosh(R), Pierce(R), McNeilus(R), Medtec(TM), Geesink(R), Norba(R), Jerr-Dan(R), CON-E-CO(R) and London(R) brand names. The company is headquartered in Oshkosh, Wis., and had annual sales of $2.96 billion in fiscal 2005.

To learn more about Oshkosh Truck Corporation, visit its web site at www.oshkoshtruckcorporation.com.