Pharmaca Completes $7.5 million Equity Financing And Announces Addition of Ron Brill to Board of Directors

Investment Provides Strategic Growth Capital and Addition of Brill Adds Significant Retail Expertise

Boulder, Colo. – May 12, 2005 – Pharmaca Integrative Pharmacy, Inc. announces the completion of a $7.5 million Series D Convertible Preferred equity financing. The financing round included new private equity, as well as Great Spirit Ventures, a previous Pharmaca investor. The capital will be used to open additional Pharmaca locations in select markets, and further augment the management team to support such expansion. In conjunction with the completion of this financing, Ron Brill, formerly Chief Administrative Officer and member of the Board of Directors of The Home Depot, Inc., will join the Board of Directors of Pharmaca.

"We remain committed to acquiring and opening new Pharmaca locations in existing and new markets as part of our strategic expansion plans, and this capital raise is part of our overall financing strategy to fund such growth", stated Barry Perzow, CEO and President. He further welcomed Ron Brill to the Board, adding that "Ron's prior experience in successfully scaling The Home Depot will be invaluable as we continue our expansion throughout the U.S."

Brill joined Home Depot at its inception in 1978, was a Board member until 2000, and currently is a Board member of Circuit City Stores, Inc. He will join the Board of Directors of Pharmaca, and stated that "The Home Depot succeeded in creating a service-oriented team culture of home improvement professionals, and Pharmaca has similarly created a passionate culture of healthcare professionals. I look forward to leveraging my prior experiences and working with the Company to help it expand its innovative retail model."

About Pharmaca Integrative Pharmacy
Pharmaca, founded in June 2000 and headquartered in Boulder, Colorado, operates pharmacies that combine prescription drug and over-the-counter products with natural, complementary and personal body care products. The Company operates eleven pharmacies in Boulder (2) and Denver, Colorado; Berkeley, Mill Valley, Pacific Palisades, Sonoma and San Francisco, California; Portland, Oregon; Santa Fe, New Mexico; and Seattle, Washington. Including this financing, the Company has raised over $40 million in equity, bank and supplier financing. www.pharmaca.com

Contact:
Julie Lunn
Fresh Ideas Group
303-449-2108 x 10
julie@freshideasgroup.com


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