Devon Health Executive Named Finalist for 2005 Best Executive Stevie® Award

Top Female Entrepreneurs Recognized

King of Prussia, PA – January 10, 2005 – Barbara Grundy Evans, Vice President of Business Services for Devon Health Services, Inc., was named a finalist for Best Executive at the 2005 Stevie® Awards for Women Entrepreneurs. Devon Health is a National Healthcare Cost Management company and the Northeast’s most extensive Preferred Provider Organization (PPO).

The Stevie Awards for Women Entrepreneurs is an international awards competition recognizing the accomplishments of women executives and business owners. The awards are produced by the creators of the prestigious American Business Awards, hailed as “the business world’s own Oscars” by the New York Post (April 27, 2005).

“Barbara is a vital member of our executive team,” says Charles Falcone, President of Devon Health. “She is a strong, experienced leader, and her contributions to the company have been immeasurable. I’m proud that she was recognized by the Stevies.”

“It is an honor to be mentioned amongst the top female executives at some of the nation’s leading organizations,” says Grundy Evans. “This finalist selection speaks to the progress and expansion of Devon Health.”

In 2005, Grundy Evans guided a number of Devon Health’s partnerships and relationships. She helped develop the new Devon Health Clinical Trials Network, identified and help foster a partnership with a leading pharmaceutical benefits manager, and managed a team of claims negotiators.

She was also a leader in the community, spending time with children in the Greater Philadelphia Chamber of Commerce’s “Read-To-Me” program, and organizing a cycling team to raise money for the fight against Multiple Sclerosis.

Grundy Evans has been with Devon Health for nine years. As Vice President of Business Services since 2002, she has worked to increase the company’s focus and commitment to superior service. Grundy Evans also spearheaded the formation of Devon Health’s Marketing and Public Relations and Product Development Departments.

Nicknamed the Stevie for the Greek word “crowned,” the elegant Stevie trophy was designed by R. S. Owens, the same company that makes the Oscar and the Emmy. More than 470 nominations were submitted for consideration in over 40 categories.

Background on Devon Health Services, Inc.

Devon Health Services, Inc. is a National Healthcare Cost Management Company founded by John A. Bennett, M.D., an emergency room physician, in 1991. Since its inception, Devon Health has been committed to providing affordable healthcare solutions designed to lower costs. Devon Health offers a suite of products to complete healthcare benefit packages, including a National Preferred Provider (PPO) Network, Claims Negotiation, Pharmacy Benefit Management, medical quality decision support tools, and Custom, Secondary, Workers’ Compensation, and Motor Vehicle Networks. Devon Health is headquartered in King of Prussia, Pennsylvania.

Background on The Stevie® Awards

Stevie® Awards are conferred in three programs: The American Business Awards, The International Business Awards, and The Stevie Awards for Women Entrepreneurs. Honoring companies of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at www.stevieawards.com