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News Release

Webcast Alert: MIM Corp. Announces MIM and Chronimed Merger Conference Call Webcast

August 9, 2004 at 12:00 AM EDT

ELMSFORD, N.Y., and MINNETONKA, Minn., Aug. 9 /PRNewswire-FirstCall/ -- MIM Corp. (Nasdaq: MIMS) announces the following Webcast:

What: MIM and Chronimed Merger Conference Call
When: 8/09/2004 @ 4:30 PM ET
Where: http://www.mimcorp.net/investor/index.asp
How: Live over the Internet -- Simply log on to the web at the address above.

Contact: Rachel Levine, IR Contact for MIM Corporation, +1-212-983-1702, fax: +1-212-983-1736, or Rlevine@annemcbride.com

If you are unable to participate during the live webcast, the call will be archived at http://www.mimcorp.net.

MIM Corporation (http://www.mimcorporation.com) is a pharmaceutical healthcare organization delivering innovative pharmacy benefit and healthcare solutions that provide results beyond expectations. We excel by harnessing our clinical expertise, sophisticated data management, and therapeutic fulfillment capability, and combine it with our dedicated, responsive team of professionals that understands our partners' needs. The result is cost-effective solutions enhancing the quality of patient life.

SOURCE MIM Corporation