Hooper Holmes Appoints Steve Marin Chief Revenue Officer

OLATHE, Kan.--()--Hooper Holmes, Inc. (NYSE MKT: HH) is pleased to announce the appointment of Steve Marin as Chief Revenue Officer. As the Chief Revenue Officer, Mr. Marin will assume responsibility and accountability for all revenue, sales, business development and client service functions expanding on the company’s strategic business growth plans, continuing to build upon its high quality, customer-focused model, and collaborating with the operations, technology, marketing and product development teams to drive the Company’s top-line growth goals. Mr. Marin will join Hooper as a senior member of an experienced and energized management team, reporting directly to the Company’s Chief Executive Officer, Henry Dubois.

“As Hooper continues to position itself as a market leader, the timing was right to bring a highly-skilled individual on board to help focus us on profitable top-line growth.”

Mr. Marin brings more than 25 years of sales, business development and client service expertise to Hooper Holmes. Prior to joining Hooper, he was Senior Vice President of Sales at ChipRewards, a progressive company specializing in web-based healthcare incentives to increase participant engagement in healthcare programs including wellness and disease management. Mr. Marin has booked over $75 million dollars’ worth of population health business while serving in leadership positions. Prior to ChipRewards, Mr. Marin held a variety of leadership business development positions in other health and wellness organizations including Alere Health, Health Integrated, and Corsolutions Medical, where he sold and managed multi-million dollar healthcare contracts across all markets including health plans, employer groups and government. He holds a B.S. in Marketing and Finance from Northern Illinois University.

“We are excited to have Steve join our senior management team. With his strong background and proven success in sales and business development, leadership experience and command of the health and wellness space, I welcome his perspective, insights and help as we build upon our sales efforts which this year has added an anticipated $ 11 million of annualized revenue as we go into 2016,” said Henry Dubois, President and CEO of Hooper Holmes. “As Hooper continues to position itself as a market leader, the timing was right to bring a highly-skilled individual on board to help focus us on profitable top-line growth.”

About Hooper Holmes

Hooper Holmes mobilizes a national network of health professionals to provide on-site health screenings, laboratory testing, risk assessment and sample collection services to wellness and disease management companies, employers and brokers, government organizations and academic institutions nationwide. Under the Accountable Health Solutions brand, the Company combines smart technology, healthcare and behavior change expertise to offer comprehensive health and wellness programs that improve health, increase efficiencies and reduce healthcare delivery costs.

More information is available at hooperholmes.com and at accountablehealthsolutions.com.

This press release contains “forward-looking” statements, as such term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the Company’s current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions. Among the important factors that could cause actual results to differ materially from those expressed in, or implied by, these forward-looking statements are our ability to realize the expected benefits from this acquisition and our strategic alliance with Clinical Reference Laboratory; our ability to successfully implement our business strategy and integrate Accountable Health Solutions’ business with ours; our ability to retain and grow our customer base; our ability to recognize operational efficiencies and reduce costs; uncertainty as to our working capital requirements over the next 12 to 24 months; our ability to maintain compliance with the financial covenant in our credit facility and the financing for this acquisition; and the rate of growth in the Health and Wellness market. Additional information about these and other factors that could affect the Company’s business is set forth in the Company’s annual report on Form 10-K for the year ended December 31, 2014, filed with the Securities and Exchange Commission on March 31, 2015. The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this press release to reflect the occurrence of unanticipated events, except as required by law.

Contacts

Hooper Holmes
Henry E. Dubois, President and CEO, 913- 764-1045
or
Investors:
S.M. Berger & Company
Andrew Berger, 216-464-6400

Hooper Holmes, Inc.