Health Pathways(TM) Announces 2004 Results

Green joined as Vice President of Marketing + Sales

* Mr., joined as General Manager of the Integrity
Solutions(TM) division

* Mr. Louis.

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Guerdon R.D.,
J. The MedSolution Technologies, Inc.
To contact Health Pathways for more information or services, please
contact Mr. While there, his research coverage included
regional and community banks primarily located in the Northeast,
Mid-Atlantic, and Florida.

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Year of Pivotal Business Growth and Management Team Expansion

GAITHERSBURG, Md.

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Streck , R. Gubish, Jr.
Edwards + Sons in St.

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We look forward to working with him and
receiving his guidance as we continue to grow. now serves as the trusted 3rd Party conduit for
public/private healthcare related initiatives involving pharmaceutical and
other healthcare products distribution information services. The biosciences
Corporation(R) division provides business advisory and medical product
development expertise. Polini served as a senior managing director
and co-head of equity research at FTN Midwest Securities Corporation
based in New York City.

Advest, Inc., Sanford C.

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J.

" The company announced a cash dividend payment for
2004 being paid to shareholders of record as of December 31, 2004. Mathias Neumann was promoted to Director of Corporate Affairs from
Director of Business Development for biosciences Corporation division

* J. Mr. Through the expertise of its Chief
Scientific Officer, Edward R. division provides
medical care information management services with special emphasis on medical
imaging management services for clinical trials. Mr.G.

Mullane added.

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Thomas Menighan, R."
Health Pathways, Inc.

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Gubish, Ph. based privately held healthcare
information services and technology company headquartered in Gaithersburg,
Maryland. Malone, who was named Advest's director of research
earlier this month. Bernstein,
AXA Distributors LLC, Advest Inc.

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Hoggle
commented, "John Holaday brings a wealth of experience in the biotechnology
and scientific arena to our company. The NetHealth Trust(TM) division provides
healthcare workflow process improvement and business automation for government
and commercial customers.

Business Editors

HARTFORD , Conn. With total revenues of more than $46 billion and in
excess of $1 trillion in assets under management and over 50 million
clients worldwide (as of 6/30/04), AXA is a worldwide leader in
financial protection and wealth management.

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reported
its results for fiscal year 2004 at its annual shareholders meeting held on
Friday, January 21, 2005 at its corporate offices in Gaithersburg, Maryland. During 2004, the company more than doubled its senior
management team as it implemented its growth strategies to "Accelerate
Healthcare Innovation. Romney joined as Chief Financial Officer

The company also announced that board member Ronald J. The Integrity Solutions(TM) division assists the
distribution channel in assuring medical product distribution system integrity
and product safety.P.

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Hoggle explained, "Ron Streck has been a significant guiding force to Health
Pathways, Inc.

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Greg Perkins , Ph.

Anthony Polini Returns as a Senior Managing Director for Equity Research

"The return to Advest of this well-respected analyst is part of
our research focus on financial institutions," said Daniel J.

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Edward R.Ph. Mr. Health Pathways focuses on "Accelerating Healthcare Innovation"
through a series of four divisions. The company
provides financial, securities brokerage, trading, investment banking ,
trust, and other advisory services to its clients from more than 100
offices in 18 states and the District of Columbia. Advest is a member of
the New York, American, and other principal exchanges , and member
SIPC.

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President and CEO, Mr. during its formative years. Polini will also bring
three staff members to Advest who will join him in covering
approximately 50 financial institutions.

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D.

Polini
worked for Advest in New York as managing director in the Financial
Institutions Group , taking the lead on research for institutional,
retail, and investment banking platforms.

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Randall Hoggle, characterized 2004 as a pivotal year
for the company with an eight-fold increase in revenue , and a healthy net
income margin., was promoted to Chief Scientific Officer,
previously serving as President of the biosciences Corporation(R)
division."
John Holaday, Chairman of HarVest Bank and experienced healthcare company
executive, was elected to the Health Pathways board of directors. Advest is a
subsidiary of AXA Financial, which has been a member of the global AXA
Group since 1991.

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, Health Pathways, Inc.Ph.

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Michael Emelio joined as General Manager of its MedSolution
Technologies(TM) division

* Mr. affiliate that was relocated to Oxford ,
Mississippi in November 2004

* Mr. in
order to be President and CEO of Rx Distribution Network, LLC, a recently
established company that provides pharmaceutical distribution services.----Advest is pleased
to announce that Anthony Polini has returned to the firm as a senior
managing director in equity research, capitalizing on his nearly
20-year career as a sell-side analyst specializing in banks, thrifts,
and diversified financial institutions.

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He will report directly to
Elizabeth C.

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, a
Health Pathways, Inc.
Health Pathways, Inc ., with headquarters in Hartford, CT, is one of the
country's leading regional financial services firms. AXA is represented in the
United States through its strong brands: AXA/Equitable, MONY, AXA
Advisors LLC, Alliance Capital Management L.

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joined as President of BioDerm Sciences , Inc. In 2004 the
company significantly grew its client base in the government sector and
commercial markets. He has also held senior
research positions with Mabon Securities in New York City and A .

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* Mr., formerly with the FDA, the
company has provided valuable leadership in the marketing of patented
healthcare innovations covering a range of customer groups from military to
pharmaceutical and biotechnology companies.

About Health Pathways, Inc.S. Mathias Neumann, Director of Corporate Affairs, via telephone at
(301) 216-3912, extension 222 or e-mail via address:
mneumann@healthpathways .
Starting in 2002, Mr. Prior to joining FTN Financial, Mr. Mullane,
Advest's President and CEO . "The collective expertise of both Beth
Malone and Anthony will be a great asset for our advisors and
clients," Mr., and others.

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, Ph.

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The company announced several management team additions and promotions
during 2004:

* Mr.D.D., has departed from the Board of Directors for Health Pathways, Inc. The special combination of expertise in information
technology and medical science allows the company to provide valuable
solutions that improve decision making capabilities, reduce risks, and help
bring healthcare products to market.(TM) is a U.

About Advest, Inc.

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Daniel S. Health Pathways extends its
appreciation to Ron for his service, and wishes him continued success .

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