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Testimonial - Hygeia Corporation 369

Nov 30, 2008

During my tenure as Director of Arbitration Services with Hygeia Corporation, Frank Gnisci was Chief Financial Officer. He was an extremely effective executive and a key driver of growth for Hygeia. During our time together Hygeia grew from a small startup to a midsized firm. Hygeia eventually attracted the attention of United Healthcare, a leader in the health services arena, and was purchased.

I firmly believe that the sale to United Healthcare would not have occurred without the strong organizational and financial skills that Frank brought to the table. What sets Frank apart from most financial executives is his ability to understand the business, as well as the balance statement. In many cases, Frank brought ideas from a business perspective, which certainly helped the bottom line, but showed that he understood what was going on day-to-day. This level of teamwork really helped operations people like myself both better understand the financial and operating constraints that the business had to contend with.

Personally, Frank was also a mentor to me during my earlier years in management and business. He respected and encouraged the skills that I had to offer and was able to help me grow as a leader and a business person. While junior in experience, he always treated me as a peer with respect and encouragement. I know I would not be where I am today, (growing another startup), if it was not for my time at Hygeia and specifically with Frank.

If there is anything else you would like to know about Frank certainly do not hesitate to contact me at 866-756-8666.

Lloyd Starratt President - Advantria, LLC.

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About the Author

Frank has over 25 years of financial, operating and administrative experience in a variety of industries including healthcare, business-to-business services, manufacturing and distribution. Revenues ranged from $1 million to over $800 million and included both domestic and international companies. Frank considers himself a business man first and a professional accountant second. Frank was the CFO and a participating owner of a start-up healthcare company. The company was successfully sold to a major U.S. health insurance carrier after nine years of consistent and profitable growth. Subsequent to the closing, Frank continued to work with the purchaser's staff to integrate the business into the buyer's operations.

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