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Conmed Healthcare Management, Inc. Will Present at Maxim Group Growth Conference in New York

Posted on: Tuesday, 11 September 2007, 09:00 CDT

Conmed Healthcare Management, Inc. (OTCBB: CMHM), a leading full service provider of correctional facility healthcare services, announced today that management will present at the Maxim Group Growth Conference on Thursday, September 20, 2007, at the Grand Hyatt New York Hotel, located at 109 E. 42nd Street. Richard Turner, Conmed's President and Chief Executive Officer, will provide investors with an overview of Conmed's business proposition and strategy for growth.

Conmed's group 25-minute presentation will begin at 4:30 p.m. ET on September 20 in the Imperial Room, with a breakout session directly following in the Booth Room (Track 2). The presentation is being webcast live via the conference website at www.maximgrp.com/growthconf/ and will be available for approximately 30 days following the conclusion of the presentation. Investment professionals may arrange one-on-one meetings with management through the conference website.

As of June 30, 2007, the Company had agreements totaling approximately $119 million in signed contracts with 20 county governments carrying a weighted average term of 5.6 years. Included in the total are renewal extension periods which are at the counties' options amounting to $88 million. During 2007, the Company entered into a long-term agreement potentially generating $46 million in revenue over the next eight years with the Baltimore County detention center, representing the largest contract in Conmed's history, and two new service contracts with the County of Henrico, Virginia, and Jackson County, Oregon, generating approximately $18.8 million in total revenue over the next five years. In addition, on September 4, 2007 Conmed announced a new contract with Kitsap County, Washington, potentially generating approximately $4.9 million in total revenue over the next five years.

About Maxim Group

Maxim Group is a leading investment banking, securities and investment management firm. The Firm provides an array of financial services including: investment banking, equity research, private wealth management, structured products, and global institutional equity, fixed-income and derivative sales & trading to a diverse range of corporate clients, institutional investors and high net worth individuals.

Maxim Group is registered as a broker-dealer with the U.S. Securities and Exchange Commission and is a member of the following: National Association of Securities Dealers (NASD); Municipal Securities Rulemaking Board (MSRB); Securities Insurance Protection Corporation (SIPC); International Securities Exchange (ISE); NASDAQ Stock Market; and NYSE Arca, Inc. For additional information, please visit http://www.maximgrp.com.

About Conmed

Conmed has provided correctional healthcare services since 1984, beginning in the state of Maryland, and currently services 21 detention centers and facilities at the county level in Oregon, Washington, Kansas, Virginia, and Maryland. Conmed's services have expanded to include mental health, pharmacy and out-of-facility healthcare services.

Forward Looking Statements

This press release may contain, among other things, certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, (i) statements with respect to the company's plans, objectives, expectations and intentions; and (ii) other statements identified by words such as "may", "could", "would", "should", "believes", "expects", "anticipates", "estimates", "intends", "plans" or similar expressions. These statements are based upon the current beliefs and expectations of the company's management and are subject to significant risks and uncertainties including those contained in its public filings. Actual results may differ from those set forth in the forward-looking statements. These forward-looking statements involve certain risks and uncertainties that are subject to change based on various factors (many of which are beyond the company's control including, without limitation, the Company's ability to increase revenue and to continue to obtain contract renewals and extensions.)

Source: Business Wire

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