To: Tom Latham who wrote (28124 ) 12/15/1998 9:27:00 AM From: Nescom Respond to of 119973
MEDA News out Former SEC chairman Keep an eye on this guy the bottom may have been reached time to go back up. Nescom out- Monday December 14, 3:48 pm Eastern Time Company Press Release Former S.E.C. Chairman Joins Medaphis Board ATLANTA--(BUSINESS WIRE)--Dec. 14, 1998--Medaphis Corporation (Nasdaq: MEDA - news) today announced the appointment of Roderick Hills, President of Hills Enterprises, Ltd. and a former Chairman of the Securities Exchange Commission, to its Board of Directors. Mr. Hills, 66, was Chairman of the Securities Exchange Commission from 1975 to 1977 after serving as Counsel to President Ford in 1975. Prior to serving as Presidential Counsel, Mr. Hills was engaged in the private practice of law as a founding partner of Munger, Tolles & Hills (1962-1975). He has held various executive positions including Chairman of Republic Corporation (1971-1975), Chairman and Chief Executive Officer of Peabody Coal Company (1977-1978) and Sears World Trade, Inc. (1982-1984) and partner in the law firm Latham, Watkins and Hills (1978-1982). Mr. Hills is President of Hills Enterprises, Ltd., an international merchant banking firm managing investments in emerging markets. In addition, Mr. Hills currently serves as Vice Chairman and a Director of Oak Industries, Inc., a Director of Federal Mogul Corporation, of which he served as Chairman in 1996, and a Director of Waste Management, Inc [NYSE:WMI - news]. Previously, Mr. Hill has served on the Boards of Directors of Anheuser-Busch Companies, Inc. (1977-1989), Sunbeam-Oster (1991-1996), Alexander & Alexander (1978-1987), Drexel Burnham Lambert, Inc. (1989-1990), Beck Industries (1970), Republic Corporation (1971-1975), Sante Fe International (1977-1986), TCW Americas Development, Inc. (1990-1995) and Mayflower Group, Inc. (1991-1996). ''Rod will provide additional independent perspective and business insight to our board,'' said David E. McDowell, chairman of Medaphis Board of Directors. ''I am confident that our shareholders will benefit from the wealth of experience Rod brings to Medaphis.'' About Medaphis Corporation Medaphis is a leader in delivering healthcare information, products and services, together with enabling technologies in selected industries. Based in Atlanta, Georgia, Medaphis currently services approximately 20,000 physicians and 1,700 hospitals across the nation and more than 100 systems integration customers in service industries such as communications, energy, high tech and government. NOTE TO EDITORS: Further information on Medaphis is available on the World Wide Web at www.Medaphis.com. Medaphis is a registered trademark of Medaphis Corporation. Per-Se Technologies is a trademark of Medaphis Healthcare Information Technology Company. All other trademarks are the property of their respective owner. -------------------------------------------------------------------------------- Contact: Investor Contact: Medaphis Corporation Caryn Dickerson, 770/444-5348 (800) medaphis investor@medaphis.com