PHCC Priority Healthcare b (MM)

Priority Healthcare Selected as Provider of Logistics Services for Reliant Pharmaceuticals LAKE MARY, Fla., May 25 /PRNewswire-FirstCall/ -- Priority Healthcare Corporation (NASDAQ:PHCC) announced that it has been selected by Reliant Pharmaceuticals, Inc. to be its provider of logistics services. Through this agreement, Priority Healthcare will provide outsourced warehousing, logistics, distribution, and accounting services for Reliant. Under the terms of the agreement, Priority Healthcare will also warehouse and distribute Reliant's marketing and promotional materials as well as pharmaceutical samples to Reliant's approximately 1,000 sales representatives. "We are pleased to have been entrusted with the responsibility of managing Reliant's logistics requirements, which are critical to ensuring appropriate product access," stated Steve Cosler, President and Chief Executive Officer of Priority Healthcare. "Expanding our third party logistics platform is consistent with our strategy of leveraging our core distribution and fulfillment capabilities to develop manufacturer support services. We continue to add to what we believe is the most robust portfolio of channel service capabilities and options for our manufacturer partners." "After a thorough review process, Priority Healthcare was selected due to our collaborative approach, strong systems capabilities, and proven logistics expertise. We are working together to implement a solid platform to service Reliant's channel customers as well as their sales force," added Guy Bryant, Executive Vice President and General Manager, Distribution Services of Priority Healthcare. About Priority Healthcare Corporation Priority Healthcare is the premier healthcare services company providing innovative, high quality and cost-effective solutions that enhance quality of life. As a national specialty pharmacy and distributor, Priority Healthcare provides biopharmaceuticals, complex therapies, related disease treatment programs and a portfolio of other service offerings for patients, payors, physicians and pharmaceutical manufacturers. The growing number of specialty areas serviced by Priority Healthcare include: oncology, gastroenterology, reproductive endocrinology, neurology, hematology, pulmonology, ophthalmology, rheumatology, endocrinology, infectious disease and nephrology, as well as ambulatory surgery centers. Additional information regarding Priority Healthcare is available online at http://www.priorityhealthcare.com/ . About Reliant Pharmaceuticals Inc. Reliant Pharmaceuticals is a pharmaceutical company with integrated sales, marketing and development expertise that markets a portfolio of branded cardiovascular pharmaceutical products. Reliant focuses on marketing promotionally sensitive pharmaceutical products to the high prescribing primary care, cardiovascular and specialist physician markets in the United States. Reliant also acquires rights to and develops product candidates in mid- to late-stage clinical development. Reliant's sales force infrastructure is comprised of nearly 1,000 sales professionals nationwide. For more information on Reliant Pharmaceuticals, please visit http://www.reliantrx.com/ . Certain statements included in this press release, which are not historical facts, are forward-looking statements. Such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent our expectations or beliefs and involve certain risks and uncertainties, including those described in our public filings with the United States Securities and Exchange Commission; also including, but not limited to, changes in interest rates, competitive pressures, changes in customer mix, changes in third party reimbursement rates, financial stability of major customers, changes in government regulations or the interpretation of these regulations, changes in supplier relationships, growth opportunities, cost savings, revenue enhancements, synergies and other benefits anticipated from acquisition transactions, difficulties relative to integrating acquired businesses, the accounting and tax treatment of acquisitions, and asserted and unasserted claims, which could cause actual results to differ from those in the forward-looking statements. The forward-looking statements by their nature involve substantial risks and uncertainties, certain of which are beyond our control, and actual results may differ materially depending on a variety of important factors. You are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date herein. http://www.newscom.com/cgi-bin/prnh/20030417/PHCLOGO http://photoarchive.ap.org/ DATASOURCE: Priority Healthcare Corporation CONTACT: Stephen Saft, Chief Financial Officer, Priority Healthcare Corporation, +1-407-804-6700 Web site: http://www.priorityhealthcare.com/ http://www.reliantrx.com/

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