HLEX Healthextras (MM)

HealthExtras, Inc. (NASDAQ:HLEX) announced today that for the second time in four years it was named on Fortune Magazine�s �100 Fastest Growing Companies� List. The Company ranked No. 3 among growing Health Care Companies, No.16 for Sales growth and No. 70 for overall growth in 2008. �Clearly, we are pleased to be recognized as one of Fortune�s 100 Fastest Growing Companies for 2008," said David T. Blair, Chief Executive Officer of HealthExtras. �We have experienced significant growth through our pharmacy benefit management subsidiary Catalyst Rx.� As previously announced, HealthExtras will change its name to Catalyst Health Solutions, Inc., effective on October 1, 2008, and the Company will trade under the ticker symbol �CHSI.� Catalyst Rx accounted for substantially all of the total corporate revenue for the year ended December 31, 2007. Companies that qualify for the 100 Fastest Growing Companies list must be incorporated in the U.S.; have a minimum market capitalization of $250 million on June 30, 2008; have a stock price of at least $5; have been trading continuously since June 30, 2005; have revenue and net income for the four quarters ended on or before June 30, 2008, of at least $50 million and $10 million, respectively; and have posted a compound annual growth in revenue and earnings per share of at least 25% annually over the three years ended on or before June 30, 2008. All companies that meet those criteria are ranked by their revenue growth rate, their EPS growth rate, and their three-year annualized total return to investors for the period ended June 30, 2008. The overall rank is based on the sum of the three ranks. About HealthExtras, Inc. (Note: Becomes Catalyst Health Solutions, Inc., effective October 1, 2008, under new NASDAQ trade symbol �CHSI�) HealthExtras, Inc. is built on strong, innovative principles in the management of prescription drug benefits and provides an unbiased, client-centered philosophy resulting in a year-over-year client retention rate of more than 98%. The Company's subsidiaries include Catalyst Rx, a full-service pharmacy benefit manager serving more than five million lives in the United States and Puerto Rico; HospiScript Services, LLC, one of the largest providers of pharmacy benefit management services to the hospice industry; and Immediate Pharmaceutical Services, Inc., a fully-integrated prescription mail service facility based out of Avon Lake, Ohio. The Company's clients include self-insured employers including state and local governments, managed care organizations, unions, hospices, third-party administrators and individuals. This press release may contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve a number of risks and uncertainties. Factors that we have identified that might materially affect our results are discussed in our Annual Report on Form 10-K for the year ended December 31, 2007, under "Item 1.A Risk Factors." Readers are urged to carefully review and consider the various disclosures made in our Annual Report on Form 10-K and our other filings with the Securities and Exchange Commission that attempt to advise interested parties of the risks and uncertainties that may affect our business.