SOURCE: Reed Group

April 19, 2005 07:00 ET

Thomas Williams Joins Reed Group Board of Directors

WESTMINSTER, CO -- (MARKET WIRE) -- April 19, 2005 -- Reed Group, LLC is very pleased to announce the appointment of Thomas Williams to its Board of Directors. Mr. Williams has an extensive background in financial services, education finance and government relations. Likewise, he brings expertise in communications, team building, organizational expansion and new business development.

Mr. Williams is currently the Chairman of the Denver Branch of the Kansas City Federal Reserve, President and CEO of Williams Group LLC and Williams Realty Group LLC, and managing partner of BMW (Barry, Minor, Williams) Realty Group LLC. Mr. Williams's prior employment included TIAA-CREF, the world's largest private pension system, where he served as Vice President and General Manager of TIAA-CREF's Western Division. In this role he led the expansion of both the scope and functionality of the organization's Western-based sales and service activities. Mr. Williams also serves as Trustee of the Boettcher Foundation, Chairman Elect of the First Data/Western Union Foundation, member of the Colorado Economic Futures Panel, and member of The Commission to Strengthen and Secure Colorado's Public Employee Retirement Administration (PERA).

Dr. Presley Reed founded Reed Group in 1981 to address workplace productivity and employee absenteeism in the corporate environment. Reed Group is a privately held Colorado corporation that has recently moved its corporate headquarters from Boulder to Westminster in 2004. Reed Group has experienced exponential growth in the past 18 months and is expanding its Board of Directors accordingly. Reed Group's Board of Directors was established in 2002. Other Board members include Kenneth Phillips, Stacey Grace, and Dr. Presley Reed.

"Reed Group has clearly established their disability guidelines as the industry standard. Multinational corporations, government agencies, and other organizations throughout the US and in 38 other countries recognize the need to use Reed Group products and services to better serve their employees and fortify their bottom line," said Mr. Williams.

"Mr. Williams is a valuable addition to our Board. He brings a wealth of experience that will surely benefit Reed Group as we continue to grow," said Dr. Presley Reed, Chairman and Chief Medical Officer of Reed Group.

Mr. Williams holds the Juris Doctor degree from Rutgers University School of Law. He, his wife and daughter reside in Golden, CO.

About Reed Group, LLC

Reed Group maintains four key lines of business: Guidelines, Service, Data Analytics and Education. Reed Group publishes the industry-standard disability duration guidelines, "The Medical Disability Advisor" (textbook, Windows software, Internet and data integration versions), and also develops medical case management software. Reed Group provides integrated disability case management service for non-occupational and occupational leaves, with advice-to-pay services, and Family and Medical Leave Act (FMLA) administrative services to employers. Reed Group is the exclusive alliance partner to provide FMLA leave tracking and administration for large insurance carriers such as Aetna, Standard Insurance Company, and other private labeled relationships.

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