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Bally Total Fitness Appoints Two New Directors to Its Board; Marilyn Seymann, Ph.D. and David Wilhelm Are Experts in the Fields of Corporate Governance and Finance.


CHICAGO -- Bally Total Fitness Bally Total Fitness is an American health club chain with 400 gyms in 70 cities, and claims 4 million customers [1]. The chain has recently opened gyms in South Korea, China & the Bahamas.  Holding Corporation (NYSE NYSE

See: New York Stock Exchange
: BFT (Binary File Transfer) An extension to the fax protocol that allows transmission of raw data. A page of text is transmitted faster than a bitmap of the page and is displayed at normal printer resolution at the receiving side. ), North America's leader in health and fitness products and services, today announced that its Board of Directors has appointed Marilyn R. Seymann, Ph.D. and David C. Wilhelm as directors of the Company. These appointments bring the number of directors on the Bally Total Fitness Board of Directors from seven to nine.

"Our Board will benefit greatly from these two new people and their strong backgrounds. Marilyn brings a national reputation as a respected authority on corporate governance issues and David has an impressive record as both a business man and a political strategist," said Paul Toback, Chairman and Chief Executive Officer of Bally Total Fitness. "Both of these professionals will serve us well as independent directors and knowledgeable advisors to the Company."

A leading corporate governance consultant, Dr. Seymann is the author of numerous articles on corporate governance, technology and strategy, and a co-author of the book The Governance Game. Dr. Seymann is currently President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of M One, Inc., a consulting firm specializing in strategy and governance consulting for public and private companies. Additionally, she is a Founding Partner of The Directors' Council, a company that helps corporate boards identify and recruit new independent directors. Previously, Dr. Seymann served as a managing director with Arthur Andersen & Co. and Executive Vice President of Chase Bank of Arizona. She also has served as Associate Dean of the College of Business at Arizona State University Arizona State University, at Tempe; coeducational; opened 1886 as a normal school, became 1925 Tempe State Teachers College, renamed 1945 Arizona State College at Tempe. Its present name was adopted in 1958.  and Chief of Staff to Arizona Governor Bruce Babbitt.

Dr. Seymann, former chair of the Board of Directors of NorthWestern Corporation, also currently serves on the boards of Beverly Enterprises, Inc. (NYSE: BEV), MAXIMUS (NYSE: MMS), Provide-Commerce (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: PRVD PRVD Partial Response Viterbi Detector ), and EOS International (NASADQ: EOSI EOSI Electro-Optic Sensor Interface
EOSI Electro-Optical Systems Inc.
). Previously, she served on the boards of American Tool Company, True North Communications and Community First Bankshares. She is a member of both the faculty and the Blue Ribbon Commission Noun 1. blue ribbon commission - an independent and exclusive commission of nonpartisan statesmen and experts formed to investigate some important governmental issue
blue ribbon committee
 of the National Association of Corporate Directors.

For more than a decade, David Wilhelm has been a business leader and entrepreneur. He is the founder and president of Woodland Venture Management, a firm that has developed two venture capital funds Venture Capital Funds

An investment fund that manages money from investors seeking private equity stakes in small and medium-size enterprises with strong growth potential.

Notes:
 designed to tap the unrealized potential of high growth businesses in the Appalachian region and the Midwest. He was previously a senior managing director at Kemper Securities.

Mr. Wilhelm's business success builds on his considerable political experience. He was the national manager of Bill Clinton's 1992 presidential campaign and was subsequently named the chair of the Democratic National Committee, becoming the youngest person in American history to hold that post. He has managed or chaired the campaigns of some of the nation's leading political figures, including the late Paul Simon, Richard M. Daley Richard Michael Daley (born April 24, 1942) is a United States politician, member of the national and local Democratic Party and current mayor of Chicago, Illinois. He was elected mayor in 1989 and reelected in 1991, 1995, 1999, 2003, and 2007. , Joseph Biden and Rod Blagojevich.

Mr. Wilhelm is a lecturer at the University of Chicago and a graduate of Harvard University's Kennedy School of Government. He is the recipient of honorary doctorates from Ohio University and the University of Charleston The University of Charleston is a private college in Charleston, West Virginia of approximately 1,000 students. Locals usually refer to the school as "UC".

The school was founded in 1888 as the Barboursville Seminary of the Southern Methodist Church.
. He serves on the boards of Children's Memorial Hospital With almost 1,100 pediatric specialists focusing on 70 specialties in multiple locations, Children's Memorial Hospital routinely provides more care to more young people than any other Chicago-area hospital or medical center. , Christian Century Magazine, the Chicago Project for Violence Prevention, the Illinois Venture Capital Association, and the Chicagoland Entrepreneurship Center.

About Bally Total Fitness

Bally Total Fitness is the largest and only nationwide commercial operator of fitness centers, with approximately four million members and 440 facilities located in 29 states, Mexico, Canada, Korea, China and the Caribbean under the Bally Total Fitness(R), Crunch Fitness(SM), Gorilla Sports(SM), Pinnacle Fitness(R), Bally Sports Clubs(R) and Sports Clubs of Canada(R) brands. With an estimated 150 million annual visits to its clubs, Bally offers a unique platform for distribution of a wide range of products and services targeted to active, fitness-conscious adult consumers.

Forward-looking statements in this release including, without limitation, statements relating to the Company's plans, strategies, objectives, expectations, intentions, and adequacy of resources, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. These forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These factors include, among others, the following: the outcome of the SEC and Department of Justice investigations and Bally's internal investigation, including review and restatement of its previously announced or filed financial results and the costs and expenses associated therewith; the audit of the restated financial statements; the identification of one or more other issues that require restatement of one or more prior period financial statements; the completion and audit of Bally's 2004 financial statements; the communication by Bally's management and independent auditors of the existence of material weaknesses in internal controls over financial reporting; general economic and business conditions; competition; success of operating initiatives, advertising and promotional efforts; existence of adverse publicity or litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 (including various shareholder litigations) and the outcome thereof and the costs and expenses associated therewith; acceptance of new product and service offerings; changes in business strategy or plans; quality of management; availability, terms, and development of capital; business abilities and judgment of personnel; changes in, or the failure to comply with, government regulations; ability to remain in compliance with, or obtain waivers under, the Company's loan agreements and indentures; and other factors described in prior filings of the Company with the Securities and Exchange Commission.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 17, 2005
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