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I-trax Continues to Build Executive Team; Appoints Robert W. Land as Chief Information Officer and Melvin H. Stein as Executive Vice President, Sales, Marketing and Business Development.


CHADDS FORD Chadds Ford: see Brandywine, battle of the. , Pa. -- I-trax, Inc. (Amex: DMX See DMX512. ), a leader in integrated health and productivity management, announced today the appointment of two new members to its executive management team. I-trax has hired Robert W. Land as its chief information officer and Melvin H. Stein as executive vice president, sales, marketing and business development.

"This is an exciting time at I-trax," said the company's chairman, Frank A. Martin. "As our on-site healthcare business is in high demand and our approach to integrated health and productivity evolves, we continue to attract industry leading experts to join the company. Both Mel and Bob have made tremendous accomplishments during their careers and round out our impressive management team. We are confident that with Bob's background as an influential information technology leader he will prove to be a valuable asset to our company as we move forward in building scaleable, integrated health and productivity management solutions. Mel has an excellent track record in exceeding sales goals and generating consistent revenue growth. His senior executive experience in the healthcare industry and his entrepreneurial spirit made him the obvious choice to lead our sales, marketing and business development efforts."

Robert W. Land

As I-trax's chief information officer, Mr. Land will be responsible for the company's Information Technology and business services. Mr. Land joins I-trax with a long history of creative and successful accomplishments as a strong information technology leader.

Before joining I-trax, Mr. Land worked for Outercurve Technologies where he was responsible for the global development of the company's wireless application services See ASP and Web services. . In this position, he extended the company's service platform to include Blackberry, Microsoft Mobile and Symbian-based devices. Previously, Mr. Land was employed by InteliHealth, the joint venture between Aetna and the Harvard Medical School Harvard Medical School (HMS) is one of the graduate schools of Harvard University. It is a prestigious American medical school located in the Longwood Medical Area of the Mission Hill neighborhood of Boston, Massachusetts. , where he focused on developing new Internet-based services that tied into Aetna's core business while driving new revenue opportunities for Aetna's corporate health sales force. Prior to joining InteliHealth, Mr. Land formed an innovative Internet commerce company that focused on delivering services within the online music industry. The company created an environment for consumers, manufactures and authorized dealers to conduct business through a cohesive selling and customer relationship process. Today the company, Music 123, has grown to be one of the largest online marketers of musical instruments in the world.

Mr. Land's additional accomplishments include tenures at Adaptive Strategies The expression adaptive strategies is used by anthropologist Yehudi Cohen to describe a society’s system of economic production. Cohen argued that the most important reason for similarities between two (or more) unrelated societies is their possession of a similar , Milford Null Modem (communications, hardware) null modem - A cable, especially an EIA-232 cable, for connecting serial ports on two computers directly, rather than via modems. Since, according to the specification, both computers should transmit on pin three of their EIA-232 connectors and receive on , Digital Equipment Corporation and Campbell Soup Company Campbell Soup Company (NYSE: CPB) (also known as Campbell's) is a well-known American producer of canned soups and related products. Campbell's products are sold in 120 countries around the world. It is headquartered in Camden, New Jersey. . He earned his B.S. in business administration from Villanova University Villanova University (vĭl'ənō`və), at Villanova, Pa., near Philadelphia; Roman Catholic; est. 1842 as a men's school, coeducational since 1967. .

"With my past experience in the healthcare industry and my strong background in information technology I-trax is a perfect fit," said Mr. Land. "I-trax's integrated technology and health solutions provide the ability for employers to offer healthcare services to their employees any time, anywhere. I look forward to further expanding I-trax's technology offerings."

Melvin H. Stein

As the executive vice president of sales, marketing and business development, Mr. Stein will be responsible for managing the I-trax sales team and overseeing the company's marketing efforts. Mr. Stein has been a senior executive in the healthcare industry for 20 years.

Prior to joining I-trax, Mr. Stein was partner and managing executive of Healthcare Executive Partners, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, a strategic consulting and management business. He spent most of his career with Aetna (originally US Healthcare) where he held various executive-level sales positions, including as the senior vice president of sales, marketing and new business development where he consistently exceeded 100 percent of annual sales plan and new revenue goals. Before his tenure at Aetna, Mr. Stein was chief executive officer and president of Mel Stein Medical, a durable medical equipment Durable medical equipment is a term of art used to describe certain Medicare benefits, that is, whether Medicare may pay for the item. The item is defined by Title XVIII the Social Security Act:

 and orthopedic appliance in South Florida which he sold it to Humana in 1985.

Mr. Stein earned his B.A. in biology and B.Sc. in pharmacy from Temple University. He has authored numerous articles on managed healthcare and has lectured to professional groups on managed healthcare and benefits administration technology. He is a nationally recognized leader and innovator in the managed healthcare industry and is a charter member of the advisory board of the Employers Managed Healthcare Association.

"I-trax has been experiencing significant growth in its on-site business and with the integration of its health management solutions, it has an incredible integrated offering that provides substantial cost savings for employers and better quality healthcare services to individuals," said Mr. Stein. "I am thrilled to be a part of the company at such an exciting time!"

Executive Departure

I-trax also announced today that E. Stuart Clark Stuart Rupert Clark (born 28 September 1975, Sutherland, New South Wales) is an Australian Test cricketer who plays for the New South Wales Blues and Hampshire. He bowls right-arm fast medium deliveries. , executive vice president, on-site services, a long-time employee of CHD CHD coronary heart disease.

ChD
abbr.
Latin Chirurgiae Doctor (Doctor of Surgery)


CHD,
n.pr See disease, coronary heart.


CHD

canine hip dysplasia.
 Meridian Healthcare, has resigned to pursue other interests.

About I-trax

I-trax is a leading provider of integrated health and productivity management solutions formed by the merger of I-trax Health Management Solutions and CHD Meridian Healthcare. Serving nearly 100 clients at over 185 locations nationwide, I-trax offers wellness, disease management and on-site services. I-trax provides a comprehensive solution specifically designed for every individual regardless of location. Our focus is on improving health, satisfaction and productivity for individuals, while lowering the direct and indirect costs Indirect costs are costs that are not directly accountable to a particular function or product; these are fixed costs. Indirect costs include taxes, administration, personnel and security costs. See also
  • Operating cost
 of healthcare related benefits. For more information, visit www.i-trax.com.

Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 Statement: This news release may contain "forward-looking statements" with the meaning 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. Such statements are subject to risks and uncertainties, which could cause actual results to differ materially from those anticipated, including those risks detailed in I-trax's filings with the Securities and Exchange Commission, and should be read in light of these risks.
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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
Geographic Code:1USA
Date:Aug 25, 2005
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