OVERVIEW

As a leading provider of fitness and health management services and programs to corporations, hospitals, communities and universities located in the United States and Canada, we currently have agreements with approximately 157 customers to manage more than 400 fitness and wellness centers, including 233 corporate fitness centers, 61 corporate wellness programs, 12 corporate occupational health programs, 15 hospital, commercial and university-based fitness centers and wellness programs and 74 corporate sites that do not have full-time staff. Approximately 70 of the Company's customers are Fortune 1000 companies.

On December 23, 2005, we acquired all of the...