SUPC Superior Consultant Holdings (MM)

Superior Consultant Signs More Than $88 Million in New and Extended Outsourcing Agreements Superior Quality and Service and Client Confidence Lead to Additional Opportunities SOUTHFIELD, Mich., May 3 /PRNewswire-FirstCall/ -- Superior Consultant Company today announced that it has signed a new outsourcing contract and an outsourcing contract extension with two healthcare systems. The combined value of the additional revenue is more than $88 million. Today's announcements include: * A seven-year, full-service information technology outsourcing agreement, which became effective May 1. The agreement, announced last week as being in the final stages of negotiation, is with a new health system client to facilitate its clinical transformation strategy and enhance its regional leadership position. In addition to advancing the client's clinical operations, Superior will supply infrastructure, application and IT support services. * With an existing outsourcing client in the Midwest, Superior has signed an extended and expanded outsourcing agreement. Under the new agreement, Superior will continue to provide full-service information technology outsourcing services through June of 2009. * Last week, the company also confirmed that it had reached agreement on all major items in another previously announced multi-year, multi-million outsourcing contract negotiation. Superior's recognized revenue and booked revenue backlog for 2004 rose to $87 million. The company's total current backlog of sold work now stands at a record $342 million. "We appreciate the confidence and trust our clients have placed in us as evidenced by these awards of new, extended and expanded outsourcing contracts, and we are committed to bringing them the best value and highest quality services," said Chief Executive Officer, Richard D. Helppie. "Our clients' high satisfaction with the results they have achieved through our transformational outsourcing solution continues to open new opportunities for Superior to provide other healthcare systems with our outsourcing solution." Statements included in this press release which are not historical in nature, are intended to be, and are hereby identified as "forward-looking statements" for purposes of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended by Public Law 104-67. Forward- looking statements may be identified by words including, but not limited to: "anticipate," "believe," "intends," "estimates," "promises," "expect," "should," "conditioned upon" and similar expressions. This release contains forward-looking statements relating to future financial results or business expectations. Business plans may change as circumstances warrant. Actual results may differ materially as a result of factors and events which the company is unable to accurately predict or over which the company has no control. Such factors include, but are not limited to: the award or loss of significant client assignments, timing of contracts, recruiting and new business solicitation efforts, the healthcare market's acceptance of and demand for the company's offerings, demands upon and consumption of the company's cash and cash equivalent resources or changes in the company's access to working capital, regulatory changes and other factors affecting the financial constraints on the company's clients, competitive pressures (both domestic and foreign), the ability to successfully manage currency risk, obtain foreign work permits and otherwise successfully execute and manage international contracts, economic factors specific to healthcare, general economic conditions, unforeseen disruptions in transportation, communications or other infrastructure components, acquisitions under consideration and the ability to integrate acquisitions on a timely basis. Additional information regarding these risk factors and others, and additional information concerning the company are included in the company's reports on file with the Securities and Exchange Commission. About Superior Consultant Holdings Corporation Recipient of Frost & Sullivan's 2003 Best Bang for the Buck Award for providing services and solutions with the highest ratio of value to cost, Superior Consultant is a leading national provider of outsourcing, management and information technology consulting services and solutions to the healthcare industry. Superior specializes in Digital Business Transformation(TM) services that enable clients to thrive in the information-driven economy, and its outsourcing, management and information technology consulting services and solutions help clients plan and execute better business strategies and meet their fiscal challenges while advancing clinical quality. Superior's best practices transformational outsourcing solution includes a full range of flexible business process and information technology solutions, including data center services, 24/7/365 network monitoring and help desk services, facility management, interim management, and application outsourcing services. For nearly 20 years, Superior has been recognized as an innovative leader within the healthcare industry and has been rewarded with full and partial outsourcing contracts, thousands of engagements, approximately 150 interim management assignments, and nearly 3,000 clients. For more information on Superior Consultant Holdings Corporation simply dial 1-800-PRO-INFO and enter the Company ticker: SUPC (a no-cost fax-on- demand service) or visit the Company's Web site at http://www.superiorconsultant.com/ . DATASOURCE: Superior Consultant Company CONTACT: Richard D. Helppie - Chief Executive Officer, or Susan M. Synor - Executive Vice President, of Superior Consultant Company, +1-248-386-8300 Web site: http://www.superiorconsultant.com/

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