Phyhealth's CEO, Robert Trinka, President of Physhield, stated, "A resident, licensed captive manager is required by Nevada state regulations, plus our captive manager is an important partner in supporting Physhield's ongoing success. We sought an established, experienced company whose business strategy and culture best fit our organization. We considered Aon (NYSE:AOC - News), Marsh (NYSE:MMC - News), and Willis (NYSE:WSH - News), and while each of those companies is well-known and has impressive capabilities, we chose USA Risk Group for their independence." He continued, "Managing captives is their primary business, and they do not operate professional liability insurance brokerage businesses. By choosing an independent, Physhield will not have to contend with brokerage competition coming from one of its key management partners."

USA Risk Group will manage the Physhield account in its Arizona office, headed by Senior Vice President, Marc Lapointe. In the March 2006, Business Insurance, a leading insurance publication produced by Crains Communications, with an estimated circulation of 46,000 individuals and businesses, ranked USA Risk Group as the fifth largest captive management firm in the world.

Concerning the Physhield agreement, Marc Lapointe commented, "Physhield together with Phyhealth's unique business model is at the cutting edge of healthcare alternative risk mechanisms. As innovators ourselves, we appreciate the opportunity to work with Physhield and its management team, who offer new solutions to meet today's daunting risk management challenges. We were initially retained to help with the formation and licensure of Physhield, and we are very pleased to extend our relationship with this agreement to work with Physhield's management over the long term."

Physhield Insurance Exchange, a Risk Retention Group, is a reciprocal insurer owned by its physician subscribers. Phyhealth's subsidiary, Phyhealth Underwriters, Inc., serves as the Attorney-in-Fact for Physhield and is contracted to perform Physhield's insurance management, underwriting, claims and administration functions. Physhield will underwrite medical malpractice insurance for physicians of all specialties who practice within a managed care organization and/or are forming a community-focused Phyhealth Plan, Phyhealth's innovative health plan model designed for the 21st century. Physhield operates under the authority of the Federal Liability Risk Retention Act and is domiciled in the state of Nevada. It is currently authorized to do business in the states of Nevada, Texas and Florida.

About USA Risk Group, Inc.
USA Risk Group is a leading independent provider to the alternative risk market, providing captive management, program administration, reinsurance and other related services in all major North American domiciles. More information about USA Risk Group is available at http://www.usarisk.com.

About Physicians HealthCare Management Group, Inc.
Phyhealth develops and operates fully integrated healthcare organizations in partnership with physicians. Phyhealth Plans preserve the physician-patient relationship and deliver high-quality affordable healthcare within its selected communities. Phyhealth offers a turnkey, prepaid health plan solution to physicians for their Medicare and other individual patients who prefer to choose their own doctor and who make their own healthcare insurance purchasing decisions. Phyhealth Plans are unique in integrating all aspects of the delivery and financing of care, including providing medical liability insurance protection through Physhield Insurance Exchange, Phyhealth's exclusive risk retention group. The Phyhealth model empowers physicians to proactively manage their patient's general health and medical care and enhances physician financial rewards by increasing practice revenues, reducing expenses and restoring the economic value (equity) of their medical practices.

Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Physicians Healthcare Management Group, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

FOR FURTHER INFORMATION, go to the Company's website at: http://www.phyhealth.com.

Contact:
For Physicians Healthcare Management Group, Inc., Miami
Brass Bulls Corp.
Matthew Lovito, 866-342.2700
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