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Conmed Healthcare Management, Inc.

Conmed Healthcare Management, Inc. Announces Two New Service Contracts Potentially Totaling Approximately $17.1 Million

Published in Health Business Week, June 29th, 2007

Conmed Healthcare Management, Inc. (OTCBB:CMHM) announced the signing of two new service contracts potentially generating approximately $17.1 million in total revenue over the next five years.

The first contract with the county of Henrico, Virginia (Richmond) is to provide medical staffing services from June 1, 2007 to May 31, 2008 and may be renewed for four additional one year periods upon mutual agreement between the County and Conmed. The annual fee is approximately $2.9 million for the first full year of the agreement and $14.2 million if all of the four one year renewal periods are exercised.

The second contract with Jackson County, Oregon...

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