BRENTWOOD, Tenn.--(BUSINESS WIRE)--Jan. 27, 2009--America Service Group Inc. (NASDAQ:ASGR) announced today that the Board
of Directors of the Company unanimously elected Richard D. Wright as the
Non-Executive Chairman of the Board of Directors, effective immediately.
Mr. Wright succeeds Michael Catalano, whose resignation from the Board
of Directors became effective January 1, 2009.
Richard D. Wright is a senior partner with Southwind Health Partners, a
physician practice management and consulting company for health systems
and independent group practices. Within Southwind Health Partners, Mr.
Wright provides consultation in strategic planning, assessment and
resolution of system physician enterprise operations and
merger/acquisition activities. Mr. Wright served from December 2001 to
March 2005 as Vice Chairman of Operations of America Service Group and
has served as a director of the Company since 1999. Mr. Wright also
serves as a board member of Thriftsmart and African Leadership.
Commenting on today's announcement, Rich Hallworth, president and chief
executive officer, stated, "Dick has over 30 years of healthcare
management experience in a wide variety of organizations. In addition to
his long tenure on our Board of Directors and his executive experience
at America Service Group, Dick has operated health maintenance
organizations, a leading physician practice management company,
hospitals, insurance companies, a healthcare technology firm and a
management consulting firm. Dick is an excellent choice to chair our
Board of Directors as we position this Company for long-term success."
America Service Group Inc., based in Brentwood, Tennessee, is a leading
provider of correctional healthcare services in the United States.
America Service Group Inc., through its subsidiaries, provides a wide
range of healthcare programs to government agencies for the medical care
of inmates. More information about America Service Group Inc., including
a copy of this press release, can be found on the Company's website at www.asgr.com
Cautionary Statement
This press release contains "forward-looking" statements made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Statements in this release that
are not historical facts, including statements about the Company's or
management's beliefs and expectations, constitute forward-looking
statements and may be indicated by words or phrases such as
"anticipate," "estimate," "plans," "expects," "projects," "should,"
"will," "believes" or "intends" and similar words and phrases. Forward-looking
statements involve inherent risks and uncertainties. A number of
important factors could cause actual results to differ materially from
those contained in any forward-looking statement.
A discussion of important factors and assumptions regarding certain
statements and risks involved in an investment in the Company is
contained in the Company's Annual Report on Form 10-K and other filings
with the Securities and Exchange Commission. These
forward-looking statements are made as of the date of this release. The
Company assumes no obligations to update or revise them or provide
reasons why actual results may differ.
CONTACT: America Service Group Inc.
Richard Hallworth, 615-373-3100
President and Chief Executive Officer
or
Michael W. Taylor, 615-373-3100
Executive Vice President and Chief Financial Officer
Source: America Service Group Inc.
