The Parker Group Names New Leadership for American Administrative Group and AmeriScript

LUBBOCK, Texas--(Business Wire)--The Parker Group, Inc. announces the addition of Mr. James
Pennington as President of American Administrative Group, Inc. (AAG),
a leading, national third party health care administrator, and the
appointment of Mr. Ed Whitton as President of AmeriScript, a
nationally recognized full service prescription benefit manager.

Mr. Pennington joined The Parker Group as President of its TPA
Division, effective January 2008. Mr. Pennington has a long history in
the employee benefits arena with experience in all facets of
delivering an integrated health care solution. Most recently, Mr.
Pennington was President and CEO of ppoNEXT, a nationally focused
preferred provider organization headquartered in Dallas, Texas. Prior
to joining ppoNEXT, he spent 20 years in the TPA world as President
and CEO of USI Administrators. USIA was a fully integrated health care
outsourcing company with care management, PBM and fully insured and
self funded administrative capabilities. USIA had offices in Texas,
New York, Georgia, Connecticut, Nevada and California and was the
employee benefit administration arm of USI Insurance Services. In
addition to USIA, Mr. Pennington was previously President and CEO of
Acordia National, the TPA arm of Acordia, now Wells Fargo Insurance,
and President and CEO of Medex International, Inc., a division of
Houston Casualty Company. Mr. Pennington earned a BS degree in
Journalism and a Masters Degree in Safety Management from West
Virginia University.

Ed Whitton accepted the position of President for AmeriScript, a
national prescription benefit manager. He joined AAG in 1998 as
Executive Vice President of Client Service and Sales and served as
interim President for the past seven months. His extensive background
includes 25 years experience in group insurance and financial
services. Prior to joining AAG in 1998, he was CEO and shareholder of
a regional third party administrator of health benefit plans and
brokerage operation in Jackson, Mississippi. Whitton received his
Bachelor of Science degree in accounting from Mississippi College and
became a Certified Public Accountant in 1976.

Pennington and Whitton were selected from a very rich pool of
candidates because of their vision for innovation and insightful
leadership. "We have gained strength and experience to our talented
and motivated management team with the appointments of Jim and Ed,"
stated Ted Parker, Chairman and CEO of The Parker Group. "Our goal at
The Parker Group is to continuously exceed clients' expectations
because we recognize that our future depends on providing clients with
value, quality and service they deserve."

About American Administrative Group

AAG's corporate claims office is located in Lisle, Illinois with
offices coast-to-coast. AAG provides health care administrative
services to self-insured active employee and retiree populations. The
company delivers a comprehensive set of administrative care management
solutions for employers seeking an experienced, trusted partner to
ensure that every detail is covered. To learn more about AAG, visit
www.aagco.com.

About AmeriScript

AmeriScript was founded in 1986 and is located in Stow, Ohio.
Since its establishment, AmeriScript has grown steadily by providing a
long-term commitment to clients. AmeriScript is best characterized as
an organization whose paramount concerns are improving patient health
and providing outstanding member service and account management. To
learn more about AmeriScript, please visit www.ameriscript.com.

About The Parker Group, Inc.

The Parker Group, Inc. was founded in 1983 and led by Ted Parker,
Chairman and CEO. The company is headquartered in Lubbock, Texas and
plans to move to Dallas/Ft. Worth early 2008. The Parker Group brings
value-driven health care to a nationwide client base and is comprised
of distinct but synergistically linked business units within the
health care marketplace. Companies include American Administrative
Group, 6th largest employee benefit third party administrator;
AmeriScript, full-service prescription benefit manager; CareVu
Corporation, information technology provider; Free First Healthcare
Clinics, on-site health care clinics; HealthSmart Preferred Care,
leading independent PPO in Texas; Interplan Health Group, nationally
recognized PPO and Q-elements, URAC accredited, full-service care
management company. To learn more about The Parker Group, visit
www.theparkergroup.com.

The Parker Group, Inc.
Tiffany White, Executive Assistant
806-473-3075 (Media Relations)
twhite@theparkergroup.com

Copyright Business Wire 2008