Comprehensive Care Corporation Announces the Addition of Five New Members to Its Board of Directors.TAMPA, Fla. -- Comprehensive Care Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CHCR CHCR Center for Health Care Rights ) (CompCare) today announced the addition of five new members to its Board of Directors. The new members are Kye Hellmers, Robert Parker, David P. Schuster, Dr. Barry A. Stein, Ph.D., and Peter Jesse Walcott. A graduate of New York University New York University, mainly in New York City; coeducational; chartered 1831, opened 1832 as the Univ. of the City of New York, renamed 1896. It comprises 13 schools and colleges, maintaining 4 main centers (including the Medical Center) in the city, as well as the , Kye Hellmers currently serves as the Chairman 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 H2O Strategies, Inc., a company he helped found in 2001. Mr. Hellmers also currently serves as a member of the Advisory Board of Higher Ground, Inc. A graduate of Marquette University, David P. Schuster currently serves as the VP of Corporate Development for Hythiam, Inc., a publicly-traded healthcare management services firm. Dr. Barry A. Stein, Ph.D. currently serves as the President of Goodmeasure, Inc., a company he co-founded in 1977. Dr. Stein has taught Organization Behavior at Harvard, Economic Development at Massachusetts Institute of Technology Massachusetts Institute of Technology, at Cambridge; coeducational; chartered 1861, opened 1865 in Boston, moved 1916. It has long been recognized as an outstanding technological institute and its Sloan School of Management has notable programs in business, , Business Policy at the Whittemore School, and has served as a visiting lecturer at Yale University. Peter Jesse Walcott currently serves as the Director of Mergers and Acquisitions at IAP (Internet Access Provider) See ISP. IAP - Internet Access Provider Worldwide Services, Inc. Robert Parker, MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration , whose term as director will begin on or about July 11, 2005, is a graduate of the University of Chicago and Johns Hopkins University Johns Hopkins University, mainly at Baltimore, Md. Johns Hopkins in 1867 had a group of his associates incorporated as the trustees of a university and a hospital, endowing each with $3.5 million. Daniel C. , and is currently employed by LS Power Equity Advisors, LLC, a private equity fund focused on the energy and power industry with more than $1 billion under management. Chairman of the Board and CFO See Chief Financial Officer. , Robert Landis said, "We welcome these new members to the Board. We believe having these experienced professionals join our existing Board of Directors will add tremendous value to the Company. These new Board members bring a wealth of knowledge and experience that we believe will add to the Company's continued growth and success. We look forward to an exciting future for CompCare with the addition of these highly regarded professionals." About Comprehensive Care Corporation Established in 1969, CompCare provides behavioral health, substance abuse, and employee assistance programs for governmental agencies, managed care companies and employer groups throughout the United States. Headquartered in Tampa, Florida, CompCare operates regional service centers in Connecticut, Florida, Michigan, and Texas; serves approximately 900,000 covered individuals nationwide; and has a network of approximately 8,000 qualified behavioral health practitioners. With 35 years of experience in the industry, CompCare focuses on personalized attention, flexibility, a commitment to high-quality services, and innovative approaches to behavioral health that address both the specific needs of clients and changing healthcare industry demands. "Safe Harbor" statement under 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: Certain information included herein and in other Company reports, SEC filings, statements, and presentations is forward looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning the Company's anticipated operating results, financial resources, increases in revenues, increased profitability, interest expense, growth and expansion, and the ability to obtain new behavioral healthcare contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect actual results and cause them to differ materially from expectations expressed herein and in other Company reports, SEC filings, statements, and presentations. These risks and uncertainties include local, regional, and national economic and political conditions, our ability to obtain additional financing, the effect of governmental regulation, the competitive environment in which the Company operates, and the other risks detailed from time to time in the Company's SEC reports. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion