MINNEAPOLIS, April 8 /PRNewswire/ -- Health Fitness Corporation
(Nasdaq: HFIT) announced today the company has retained the Manchester
Companies, Inc., a Minneapolis-based investment banking and management
advisory firm, to assist the company in its re-engineering and restructuring
efforts.
Manchester is a multi-disciplinary professional services firm which
provides investment banking, finance, turnaround and management advisory
services to small and middle market companies.
According to CEO, Loren Brink, "We are very pleased the company's Board
has retained Manchester's experienced management advisory team to review and,
where possible, improve or expand upon the company's re-engineering efforts
implemented to date. Manchester has a solid reputation for increasing
shareholder value in companies like Health Fitness Corporation." Mr. Brink
also indicated that Manchester has already initiated work with the company.
Health Fitness Corporation is a preventive healthcare service company
headquartered in Minneapolis. It is the nation's largest manager of corporate
fitness centers, currently managing 140 corporate and hospital-based fitness
centers across the United States. The company also provides a wide range of
additional preventive health care services to corporations.
SOURCE Health Fitness Corporation
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Company News On-Call:
http://www.prnewswire.com/comp/000921.html or fax,
800-758-5804, ext. 000921
CONTACT:
Loren S. Brink of Health Fitness Corporation,
612-831-6830
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