Grundy Evans Named Best Executive at 4th Annual American Business Awards

Devon Health Executive Claims Prestigious Business Award

King of Prussia, PA – June 28, 2006 – Barbara Grundy Evans, vice president of business services for Devon Health, was honored as Best Executive at the 4th Annual American Business Awards in New York City on June 12th. Devon Health Services, Inc., is a National Healthcare Cost Management Company and the Northeast’s most extensive Preferred Provider Organization (PPO).

Ms. Evans was recognized for several accomplishments in 2005. She created programs and initiatives to increase revenue and enhance employee morale. She also developed the Product Development department for Devon Health, mobilized a cross-functional sales team for Medicare Advantage products, and developed a program enabling providers to identify pharmaceutical research opportunities.

"I am thrilled to have been selected from such an impressive group of the nations' executives," says Ms. Evans. "Devon Health is a unique company that thrives on the ideas and energy of its employees. I could not have earned this recognition without the opportunities afforded to me here."

Ms. Evans also spearheaded the formation of Devon International Group (DIG) Cycling, a non-profit organization devoted to raising funds and riding in events to support the fight against life changing illnesses.

“I am pleased that Barbara has received such acclaim for her efforts at Devon Health,” says Charles Falcone, president of Devon Health. “She truly is a deserving recipient whose vision and direction have elevated the success of the company.”

Hailed as “the business world’s version of the Oscars” by the New York Post (April 27, 2005), the American Business Awards are the only national, all-encompassing business awards program honoring great performances in the workplace. More than 1,500 entries from companies of all sizes and in virtually every industry submitted entries in more than 40 categories.

“Many Americans accomplish extraordinary things in the workplace everyday, but rarely get the attention they deserve,” said Stevie Awards founder Michael Gallagher. “We hope that the Stevies inspire people at all levels of American business to recognize and honor outstanding work.”

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 Settlement, 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.

About The Stevie Awards

Hailed as “the business world’s own Oscars” by the New York Post (September 22, 2002), 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.