03/10 10:24A (DJ) PRESS RELEASE: American CareSource Holdings Appoints Rost A.
Ginevich Chief Information Officer
Story 4228 (XSI, I/FAD, I/SVC, I/XDJGI, N/DJIN, N/DJN, N/DJWB, N/CAC...)
DALLAS, TX -- (MARKET WIRE) -- 03/10/08 --
American CareSource Holdings, Inc. (AMEX: XSI) today announced that Rost A.
Ginevich has joined the Company in the newly created position of Chief
Information Officer (CIO). As such, Mr. Ginevich, 44, will be primarily
responsible for the development and execution of the Company's information
technology strategy and will report directly to Davis S. Boone, Chief
Executive Officer.
Commenting on today's news, Mr. Boone stated, "We are pleased to welcome
Rost to the American CareSource team. With the rapid expansion of our client
base and the continued evolution of our ancillary care service product
offerings, the time is right to bring in a CIO. With over 20 years' experience
in information technology for both large and small firms, Rost's expertise
will be invaluable as he helps us to manage our growth going forward."
Prior to joining American CareSource, Mr. Ginevich spent the bulk of his
career in Dallas, Texas. Most recently, he served as a Director at West Monroe
Partners, a full-service business and technology consultancy. In that
capacity, he led business development and management consulting activities for
the Dallas office.
Before that, Mr. Ginevich was Chief Information Officer for Kitty Hawk,
where he served as information technology leader of this AMEX-listed cargo
transportation company. Prior, he was at IBM Business Consulting
Services,where he successfully managed business development and execution of
large consulting engagements for clients in varied industries, including
transportation and telecommunications.
Mr. Ginevich earned his MBA and BS degrees from Oklahoma State University.
He is the author of numerous white papers and has been an occasional speaker
on topics related to information technology.
About American CareSource Holdings, Inc.
American CareSource Holdings, the first national, publicly traded
ancillarycare network services company, offers a comprehensive national
network of more than 25,000 ancillary provider sites. Through its product
offerings, American CareSource helps its clients reduce the cost of ancillary
services rendered through its network of providers in more than 30 service
categories. The Company's ancillary network and management provides a complete
outsourced solution for a wide variety of healthcare payors and plan sponsors
including self-insured employers, indemnity insurers, PPOs, HMOs, third party
administrators and both federal and local governments.
Any statements that are not historical facts contained in this release are
forward-looking statements. It is possible that the assumptions made by
American CareSource Holdings, Inc. for purposes of such statements may not
materialize. Actual results may differ materially from those projected or
implied in any forward-looking statements. Such statements may involve further
risks and uncertainties, including but not limited to those relating to
product demand, pricing, market acceptance, the effect of economic conditions,
and intellectual property rights, and the outcome of competitive products,
risks in product development, the results of financing effort, the ability to
complete transactions, and other risks identified in this release, and the
Securities and Exchange Commission filings of American CareSource Holdings,
Inc.
Contact:
David S. Boone Chief Executive Officer American CareSource
Holdings, Inc. Tel: 972-308-6830
(END) Dow Jones Newswires
03-10-08 1024ET
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F. Ryan Smith
Laidlaw & Company (UK) Ltd.
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