Larry G. Gerdes

LARRY G. GERDES has served as Chief Executive Officer of Transcend
Services, Inc. (NASDAQ – TRCR) since 1992. Prior to Transcend, Mr.
Gerdes spent over 14 years in various executive capacities at HBO &
Company (NASDAQ – HBOC), including serving as that company’s Chief
Financial Officer and also as the Chief Executive Officer of Medical
Systems Support, Inc., a wholly owned subsidiary of HBO & Company. Mr.
Gerdes also served on the Board of Directors of HBO & Company until his
departure in 1991, at which time he and Walter Huff, founder of HBO and
its retired Chairman, formed Gerdes Huff Investments, a private
investment partnership. In 1991, GHI made the initial investment, which
ultimately led to the formation of Transcend Services, Inc. Mr. Gerdes
serves on the Board of Directors of Transcend Services, Inc. and Delphi
Information Systems, a Chicago based insurance services firm.