John H. Flood III Named as CEO of Flagship Global Health, Inc. Wednesday November 21, 3:36 pm ET

John H. Flood III Named as CEO of Flagship Global Health, Inc. Wednesday November 21, 3:36 pm ET

Press Release - Source: Flagship Global Health, Inc.

NEW YORK, Nov. 21 /PRNewswire-FirstCall/ -- Flagship Global Health, Inc. ("Flagship") (OTC Bulletin Board: FGHH - News) announces the promotion of John Flood as its new Chief Executive Officer. Co-founder Fred Nazem remains Chairman of the Board of Flagship. Mr. Flood has been President of Flagship and joined the specialty healthcare advocacy company in 2004. He will be responsible for the entire affairs of Flagship while Mr. Nazem will focus on the strategic direction of the Company.

"Having achieved so much of my dream as a founder of the Company and now as a recognized leader in the membership-based specialty healthcare advocacy space, I''ve concluded it is time for me to pass the CEO torch to John who will be responsible for all the day to day management of the Company." said Mr. Nazem. " As Chairman, I will focus my time and energy on the strategic growth of Flagship in order to ensure the continuation of its leadership position in the industry," he continued. The appointment of John Flood as the new Chief Executive Officer of Flagship is effective immediately.

"Fred and I have worked closely and very effectively together since the early days of the Company. With so many great opportunities facing us every day as a result of the high marks we have been getting from our members and our 4,000 or so top physicians, I am excited about concentrating my efforts as the new CEO on optimizing our entire operations so that we can properly capitalize on some of these opportunities," remarked Mr. Flood.

Mr. Flood joined Flagship Global Health in 2004. Before joining Flagship he was the managing partner of Flood Donohue Johnston & McShane, from 1994 to 2004. From 1984 to 1994, he worked for NFL Properties, the centralized marketing company of the National Football League, where he served as company President and helped the company grow to over one billion dollars in retail sales. Mr. Flood received his AB in Psychology from Harvard University and his JD from the University of Virginia School of Law.

About Flagship Global Health

Flagship Global Health is an international health assurance organization that provides health management and emergency support resources typically not available through conventional medical insurance. The company provides access to specialized resources that help members achieve the best possible outcome in any medical situation.

Safe Harbor Statement:

This press release contains forward-looking statements concerning Flagship Global Health, Inc. The actual results may differ materially depending on a number of factors that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. The words "believe," "expect," "intend," "anticipate," variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. All forward- looking statements are expressly qualified in their entirety by this Cautionary Statement and the risks factors detailed in the Company''s reports filed with the Securities and Exchange Commission. Flagship Global Health, Inc. undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

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