LogistiCare Adds Eric Karl as Chief Financial Officer

Apr 10, 2001, 01:00 ET from LogistiCare

    COLLEGE PARK, Ga., April 10 /PRNewswire/ -- LogistiCare, a national
 transportation management company, today announced that Eric A. Karl has
 joined the company as its Chief Financial Officer.  Karl will be responsible
 for LogistiCare's corporate finance, accounting and investor relations.  He
 will also help develop additional business lines for the company.
     "We have experienced and continue to expect double digit sales growth,"
 said John Shermyen, Chief Executive Officer of LogistiCare.  "Eric brings a
 unique set of skills that will help us successfully navigate the challenges
 presented by this growth."
     Karl brings more than 20 years of experience in mergers and acquisitions,
 business development, and operations, primarily with Fortune 500 companies.
 Prior to joining LogistiCare, Karl was Chief Financial Officer of Biomedical
 Disposal, Inc. in Atlanta, where he completed a $4 million fund raising round,
 drove the development of its e-commerce business and led its successful
 government affairs operation.  Karl previously served as director of corporate
 business development for The Perkin-Elmer Corporation in Connecticut, and
 director of investment and affiliates for the Sumitomo Corporation in New
 York.  He also held a variety of finance, marketing, credit, and lobbying
 positions with General Electric and GE Capital in the U.S. and Holland over a
 ten-year period.
     Karl holds a Masters degree in industrial relations from the University of
 Warwick, England, and is a Phi Beta Kappa graduate of Hamilton College in
 Clinton, New York.
     LogistiCare is the nation's largest manager of non-emergency
 transportation services for government agencies, managed care organizations
 and private insurers.  The Georgia-based company provides over 6 million trips
 each year for more than 4 million individuals in California, Connecticut,
 Florida, Georgia, Indiana, Virginia, and metropolitan Washington, DC.
 
 

SOURCE LogistiCare
    COLLEGE PARK, Ga., April 10 /PRNewswire/ -- LogistiCare, a national
 transportation management company, today announced that Eric A. Karl has
 joined the company as its Chief Financial Officer.  Karl will be responsible
 for LogistiCare's corporate finance, accounting and investor relations.  He
 will also help develop additional business lines for the company.
     "We have experienced and continue to expect double digit sales growth,"
 said John Shermyen, Chief Executive Officer of LogistiCare.  "Eric brings a
 unique set of skills that will help us successfully navigate the challenges
 presented by this growth."
     Karl brings more than 20 years of experience in mergers and acquisitions,
 business development, and operations, primarily with Fortune 500 companies.
 Prior to joining LogistiCare, Karl was Chief Financial Officer of Biomedical
 Disposal, Inc. in Atlanta, where he completed a $4 million fund raising round,
 drove the development of its e-commerce business and led its successful
 government affairs operation.  Karl previously served as director of corporate
 business development for The Perkin-Elmer Corporation in Connecticut, and
 director of investment and affiliates for the Sumitomo Corporation in New
 York.  He also held a variety of finance, marketing, credit, and lobbying
 positions with General Electric and GE Capital in the U.S. and Holland over a
 ten-year period.
     Karl holds a Masters degree in industrial relations from the University of
 Warwick, England, and is a Phi Beta Kappa graduate of Hamilton College in
 Clinton, New York.
     LogistiCare is the nation's largest manager of non-emergency
 transportation services for government agencies, managed care organizations
 and private insurers.  The Georgia-based company provides over 6 million trips
 each year for more than 4 million individuals in California, Connecticut,
 Florida, Georgia, Indiana, Virginia, and metropolitan Washington, DC.
 
 SOURCE  LogistiCare