Press Release

Principle Pharmacy Group, Inc. Announces Founder's Retirement, New CEO, Officers
and Appointments to its Board of Directors
6/9/2009 Birmingham, AL

Principle Pharmacy Group, Inc., a leading pharmacy services company providing institutional pharmacy management and specialty pharmacy services for long term acute care hospitals and community hospitals, announced the following:

The company announced the retirement of William E. Cash, Jr., Principle Pharmacy Group’s Founder and Chairman. Mr. Cash will continue to serve as a Director on the Board.

Chuck Jett was named as the company’s new CEO. From 2000 until earlier this year, Mr. Jett served as CEO of Emageon Inc., a Birmingham-based healthcare technology company that he led from start-up through its initial public offering and eventual sale to a strategic acquirer.

Brian Booth was named Executive Vice President of Sales & Marketing. Mr. Booth is also joining the company after nine years of service to Emageon Inc. The company also named Boscoe Godfrey, a long-term Principle Pharmacy Group executive to the newly created position of President, Pharmacy Management Division.

Additionally, the company announced its Board of Directors will consist of CEO, Chuck Jett; Principle Pharmacy Group Founder, William E. Cash, Jr.; Bob Schulz and Rick Stowe of Health Enterprise Partners; and Roddy Clark, Senior Managing Partner at Redmont Venture Partners.

About Principle Pharmacy Group
Principle Pharmacy Group is a pharmacy services company providing institutional pharmacy management and specialty pharmacy services. Principle Pharmacy Group is dedicated to providing superior patient care and outcomes with proven process management solutions for long term acute care hospitals and community hospitals nationwide. For more information, please visit www.principlepharmacy.com.

SOURCE: Principle Pharmacy Group, Inc. 6/9/2009

CONTACT:
Bill Funderburk
Director, Marketing & Communications
bfunderburk@principlepharmacy.com

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