Hooper Holmes has four divisions. Portamedic provides a wide range of medical exam services nationwide. Heritage Labs tests millions of samples annually and helps life insurers improve underwriting performance by better applying the predictive powers of today’s tests. Hooper Holmes Health & Wellness provides a complete service for wellness, disease management, and managed care companies including scheduling support, fulfillment of supplies, blood collection kits, medical screenings, lab testing and data transmission. Hooper Holmes Services reduces the insurance sales cycle through integrated data collection, tele-interviewing and underwriting services.This press release contains “forward-looking” statements, as such term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the Company’s current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions. Among the important factors that could cause actual results to differ materially from those expressed in, or implied by, these forward-looking statements are our ability to successfully implement our business strategy; uncertainty as to our working capital requirements over the next 12 to 24 months; our ability to maintain compliance with the financial covenant in our credit facility; our expectations regarding our operating cash flows; and the rate of life insurance application activity. Additional information about these and other factors that could affect the Company’s business is set forth in the Company’s annual report on Form 10-K for the year ended December 31, 2010, filed with the Securities and Exchange Commission on March 14, 2011. The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this press release to reflect the occurrence of unanticipated events, except as required by law.
Hooper Holmes (NYSE Amex:HH) today introduced Hooper Holmes FastTrack, a new health screening service designed to help wellness and disease management companies meet their customers’ immediate needs. Hooper Holmes FastTrack exploits the Company’s unique operational infrastructure, proprietary IT platform and network of certified examiners to set up a standard health screening in as little as three days. The service provides immediate handling of the screening assignment with either standard lab panel venipuncture or a five-panel fingerstick test. Fingerstick screenings and engagement counseling are available for screenings of 20 participants or more. Venipuncture blood testing can be provided for any size group, or even a single individual. Venipuncture blood testing is provided by the Company’s Heritage Labs division in Olathe, KS. “The fall is the busiest season for health care, and wellness companies frequently receive fast turnaround requests that, until now, they have not been able to fulfill,” said Ransom J. Parker, President and CEO of Hooper Holmes. “We were the first to build a nationwide screening organization. Now we’ve engineered and packaged a standard biometric screening service that’s ready to go. Hooper Holmes FastTrack makes it even easier for new customers to try our services.” The Company is introducing Hooper Holmes FastTrack at The Forum 11, the leading conference in wellness, prevention and chronic care management, now being held at the Hilton San Francisco Union Square, 333 O’Farrell Street. Hooper Holmes is the official screening sponsor at conference, and is providing all attendees with a complimentary health screening. The Forum 11 is hosted by the Care Continuum Alliance with support from the U.S. Chamber of Commerce. About Hooper Holmes Hooper Holmes is a leader in collecting personal health data and transforming it into useful information, enabling customers to take actions that manage or reduce their risks and expenses. With presence in hundreds of markets and a network of thousands of examiners, Hooper Holmes can arrange a medical exam anywhere in the U.S. and deliver the results to its customers.