SUPC Superior Consultant Holdings (MM)

Superior Consultant Announces New Outsourcing Signings of More Than $40 Million SOUTHFIELD, Mich., June 17 /PRNewswire-FirstCall/ -- Superior Consultant Company (NASDAQ:SUPC) today announced that it has recently signed new and expanded outsourcing agreements with an expected revenue value in excess of $40 million. Today's announcements include: -- A new, full-service multi-year outsourcing agreement with a Midwestern community health system, previously announced as a Letter of Intent. Under the agreement, which will focus on effecting a comprehensive clinical business transformation at the health system, Superior will provide application services, process change leadership and 24/7 network management, network monitoring and help desk services. -- An extended agreement to provide Superior's NetLinc(TM) help desk and network monitoring services for a West Coast health system. The health system has also engaged Superior for management and information technology consulting services. -- Additional commitments related to outsourcing contracts with multiple clients. The company also indicated that it has booked $27.8 million in consulting contracts thus far during the second quarter. Superior's total current backlog of sold work now stands at approximately $370 million. "Superior's transformational outsourcing solution continues to generate high client satisfaction and, as a result, we are gaining new outsourcing and consulting opportunities," said Chief Executive Officer, Richard D. Helppie. "Superior's entire work force is committed to bringing each of our clients world-class services and solutions and a more significant return on their information technology investment." 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 transformational 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 outsourcing model 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 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 170 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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