Prison Industrial Complex News...

[Joanne98]

March 05, 2007 04:00 PM Eastern Time
America Service Group Inc. Announces Plan for Strategic Alliance between Prison Health Services, Inc. and Maxor National Pharmacy Services Corporation
BRENTWOOD, Tenn.--(BUSINESS WIRE)--America Service Group Inc. (NASDAQ:ASGR) announced today that a non-binding proposal letter has been executed for Maxor National Pharmacy Services Corporation (Maxor) to acquire, at book value, certain assets of Secure Pharmacy Plus, LLC (SPP), an affiliate of the Company. As part of this proposed transaction, Maxor would become the exclusive provider of pharmaceuticals and medical supplies to Prison Health Services, Inc. (PHS), the principal operating subsidiary of the Company.

Maxor has a national reputation for excellence in correctional pharmacy services. PHS believes Maxor has the resources and client base to further enhance the market-leading technological assets acquired from SPP and to provide SPP employees with continuing opportunities for growth within a fully-integrated pharmacy services company. Maxor has indicated that it plans to maintain operations at the existing offices of SPP and offer continued employment to its current staff.

Through its proposed alliance with Maxor, PHS expects to continue to provide clients with competitively-priced medications, high service levels and advanced clinical information. The objectives of the proposed strategic alliance are to combine and improve the best practices in correctional pharmacy and healthcare in order to provide patients with outstanding medical care and clients with the best value proposition in this challenging public service sector.

The Company and Maxor are currently targeting the closing of this transaction effective March 31, 2007. The final execution of a definitive asset purchase agreement, long-term supply contract and closing of the transaction is subject to final negotiations of the agreements, completion of due diligence and final approval of the respective companies’ boards of directors, among other things.

America Service Group Inc., based in Brentwood, Tennessee, is a leading provider of correctional healthcare services in the United States. America Service Group Inc., through its subsidiaries, provides a wide range of healthcare and pharmacy programs to government agencies for the medical care of inmates. More information about America Service Group can be found on the Company’s website at www.asgr.com or at www.prisonhealthmedia.com.

Maxor National Pharmacy Services Corporation is a Texas-based company located in Amarillo, Texas. Maxor operates, manages and consults inpatient, outpatient, mail order, specialty and correctional pharmacies throughout the United States. More information about Maxor National Pharmacy Services Corporation can be found on its website at www.maxor.com.

http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20070305006106&newsLang=en

[stellanoir]

1. ughhh

right sure nevermind.

We have a higher percentage of people in prison than ANY other country in the world.

The vast majority of them are non violent. States pay private corporations 30-70,000 bucks per annum to incarcerate an individual so called offender. Ahhh. . . if they even earned that much they would have probably beat the charges in the first place. Or paid off a coroner like Ken Lay most likely did.

Home confinement would be far less expensive. Community service would be far better.

Incarceration is rarely redemptive.

Draconian mandatory sentencing has created this abhorrent situation wherein the punishment so often doesn't meet the crime.

Now we are expected to believe that the health and well being of the prisoners is their primary concern.

How many non violent pot heads will become long term pharma customers due solely to wanting to escape their conditions of confinement is deplorable and scary.

pssssssssssssttt. . .Our judicial and penal systems are terribly broken.

I heard some conservative judges (now retired) complain about all of this a while ago. It sickens me.

Have a nice evening anyway.

[Joanne98]

2. Hey, I'm with ya! It's all about money anymore.....

I'm trying to shed some light on the corruption. I'd like to see hearings. Maybe someday.. Keep your fingers crossed.:hi: