Physicians Practice Promotes Ken Karpay to Publisher

Baltimore, Maryland — May 02, 2005 — Physicians Practice announced today the promotion of Ken Karpay to senior vice president and publisher of Physicians Practice®, The Business Journal for Physicians. Karpay, who served as associate publisher since 2002, will expand his role to oversee print and online content, as well as business advertising and sponsorship sales. His regular column, “Politics & Your Practice,” will continue to appear in each issue of the journal.

"I’m privileged to have the opportunity to lead the largest business journal for physicians in the country,” said Karpay. “I look forward to working closely with the readers, the board of directors, and the management team to provide the highest quality publication for our customers.”

Prior to joining Physicians Practice, Karpay was a management consultant to executives at Fortune 500, diversified media, and non-profit organizations including Randstad International, and The Baltimore Sun. His background also includes 19 years of business and legislative publishing, and political consulting. He began his career as a reporter covering legal affairs and business for The Daily Record newspaper and Warfield’s Magazine, and as a senior editor for Legal Times. Karpay was previously appointed by Gov. Parris N. Glendening to the State of Maryland Strategic Planning Committee for the IT Sector, and is currently an active member of several community and professional organizations.

“We are pleased to have Ken in this role for our flagship publication,” said Gerry Hartung, chief executive officer and co-founder of Physicians Practice. “His leadership and track record in business publishing, and working with a variety of businesses benefits our company, our sponsors, partners, and our physician readers.”

Karpay holds a law degree from the University of Florida, and a bachelor’s degree in political science from Brown University.

About Physicians Practice
Physicians Practice is publisher of Physicians Practice®, The Business Journal for Physicians. Circulated to more than 300,000 community-based practicing physicians throughout the United States, Physicians Practice is the most widely circulated business magazine for physicians in the country. Its award-winning Web site, www.PhysiciansPractice.com®, and weekly e-mail newsletter, Physicians Practice Pearls®, have helped the company earn a reputation as the premier practice management solutions provider for physicians and their administrators.

Through its Connecticut-based Provider Solutions division, Physicians Practice capitalizes on its strong position in the healthcare marketplace by creating educational initiatives for physicians. These programs utilize a number of learning platforms such as satellite broadcast, Web cast, audioconference, print, and live symposia to provide the highest quality education and information with the easiest access for the healthcare professional customer. In October 2004, Physicians Practice was voted runner-up out of 600 entries for “Best Use of Direct Marketing to Healthcare Professionals” in the Medical Marketing and Media Awards, organized by the Haymarket Business publication Medical Marketing and Media.

Through its multimedia programs and its magazine, Physicians Practice teaches physicians how to manage the challenges of delivering high quality care in a turbulent medical marketplace. The company also provides customized strategies for the pharmaceutical industry, publishing services, Internet content, and maintains a staff of experts in all areas of medical practice management who are available to speak with the media on healthcare issues. Physicians Practice, founded in 1989 by Gerry Hartung and Scott Weber, is headquartered in Glen Burnie, Md. For more information, visit us at www.PhysiciansPractice.com.

For More Information, Contact:
LaWanda Stone Abernathy
Assistant Director, Marketing and Public Relations
(443) 543-5144
labernathy@physicianspractice.com

Catherine Bretz Mullaney, MHA
Vice President, Marketing and Strategic Development
(443) 543-5154
cbretz@physicianspractice.com