PREFERRED THERAPY PROVIDERS COMPLETES RENEGOTIATION OF VENDOR CONTRACT WITH STAR TRAC FITNESS


Phoenix, AZ, April 3, 2006
Preferred Therapy Providers, Inc. (Preferred) announced that it has renegotiated their vendor agreement with Star Trac Fitness (Star Trac) as a preferred vendor for their national network of physical, occupational, and speech therapists. Under the new contract terms, members of Preferred’s network are receiving a significant discount on both their strength and cardiovascular equipment offerings.

Star Trac manufactures globally recognized best-in-class commercial treadmills. In addition, they manufacture a full-line of elliptical trainers, bikes, and steppers; in addition, they manufacture a full line of cross-trainers, bikes, and steppers as well as a full line of commercial strength equipment. Star Trac is also partnered with Mad Dogg Athletics, the creators of the Spinning® program, as the official worldwide manufacturer of all three Spinning bikes including the revolutionary Spinner® NXT. Best known as a manufacturer of user-focused equipment, Star Trac is one of the fitness business’ preeminent creators of innovative cardiovascular products – designed with the user in mind.

“Equipment that keeps a user in mind is something that our network members look for in the products that they purchase for their individual practice,” said Jaxene Hillebert, President of Preferred. “We continually evaluate our preferred vendor program and seek out value-added products that our members express as a need in their day to day operations in order to safely rehabilitate their patients. “

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About PREFERRED Therapy Providers
PREFERRED Therapy Providers, Inc. is based out of Phoenix, Arizona and was founded in 1992 by Jaxene Hillebert. PREFERRED is the largest centrally managed contracting and marketing resource for private practice physical therapy clinics in the United States. PREFERRED's business model allows flexibility in contracting between private practitioners and various health plans and organizations.

PREFERRED assumes responsibility for primary source verification of all practitioner elements required by the National Committee for Quality Assurance (NCQA), thereby reducing time, cost, and paperwork for both the PPO and provider.

Currently, the PREFERRED Network consists of over 1100 locations in 35 states, representing more than 2700 physical, occupational, and speech, therapists, and serving more than 60 million members.

For more information, contact PREFERRED Therapy Providers, Inc. at (800) 664-5240 or visit the company's Web site at www.preferredtherapy.com.


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