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CHESTNUT GLOBAL PARTNERS AND Harris, Rothenberg International, Inc. ANNOUNCE NEW BUSINESS VENTURE IN RUSSIA

Business to Focus on EAP Services


NEW YORK - January 19, 2009—Chestnut Global Partners (CGP), of Bloomington, Ill., and Harris, Rothenberg International, Inc. (HRI), of New York, today announced that they have entered into an equity joint venture to provide employee assistance and other workplace services in Russia. Chestnut Global Partners is a wholly-owned subsidiary of Chestnut Health Systems, Inc., which provides behavioral health treatment, research and training throughout much of Illinois.


The new venture will be called Corporate Health, LLC, and will be based in Moscow.  Corporate Health is a partnership of Chestnut Global Partners, HRI, and two individuals, Dr. Alexander Shtoulman of Russia and Konstantin von Vietinghoff-Scheel of Corporate Counselling Services Sarl in Luxemburg.  The joint venture will provide employee assistance and workplace assistance services to Russian employees of multinational companies.  It will also offer EAP services to privately-owned Russian companies and government-owned organizations.


Dr. Shtoulman, an addictionologist, will be Corporate Health’s managing director.  He has been managing EAP services on HRI’s behalf in Russia since 2007.


 “The creation of Corporate Health in Russia was the logical next step for Chestnut Global Partners,” said Russell J. Hagen, CEO of Chestnut Health Systems and manager of CGP. “When we made the decision to expand our employee assistance and workplace services into international markets, we built our strategy around the Goldman Sachs BRICs report and focused our development efforts on the five countries with the most rapidly developing economies.” CGP has expanded into three of the four BRIC economies areas (Brazil, Russia and China) and Mexico and is exploring business opportunities in India.


Edward Trieber, J.D., Ph.D., managing director of HRI, said, “The Corporate Health collaboration provides HRI with the opportunity to offer existing corporate clients with employees in Russia the same benefit their U.S. employees are already receiving—a quality product that is managed and delivered by professionals who understand local culture and customs.”


The four partners are meeting in Moscow this week for continued strategy and implementation meetings.


Chestnut Global Partners: CGP has been providing employee assistance and other workplace services both in the US and internationally since 1980. Today, CGP has more than 750,000 covered lives in more than 120 countries. For more information about Chestnut Global Partners, visit www.chestnutglobalpartners.org or call (800) 433-7916. Chestnut Global Partners is a wholly owned subsidiary of Chestnut Health Systems, Inc. of Bloomington.


Harris, Rothenberg International, Inc.: HRI helps organizations all around the world solve their most challenging and complex people issues. HRI helps remove the barriers that prevent organizations and employees from achieving their best. Combining professional expertise and the latest technologies, HRI provides integrated solutions to clients, drawing on seven core service areas: employer and employee assistance programs (EAP), work/life services, executive coaching, training, organizational development, consulting, and web development. For more information, visit www.hriworld.com or call (800) 441-7509.


Alexander Shtoulman, MD:  Dr. Shtoulman has specialized in the field of addictions counseling since 1990.  As a science-research worker with the Moscow Psychology Pedagogic University, Dr. Shtoulman created the first educational program for addictions counselors in Russia.  Dr. Shtoulman participated in the first attempt of an EAP implementation Russia in 1998.   In 2007, he began working with HRI to provide the first EAP for an international company operating in Russia, Ukraine and Kazakhstan and is the managing director of Corporate Health, LLC. For more information about Corporate Health, LLC, call +7 916 678 9662.


Konstantin von Vietinghoff-Scheel, MD: Dr. von Vietinghoff-Scheel is a psychiatrist and the owner of Corporate Counselling Services Sarl in Luxemburg. For more information about Corporate Counseling Services, visit www.ccsint.com or call +35 226 97 60 32.

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