DrugMax Management To Present At First Albany Capital Annual Growth Conference On Tuesday, December 7, 2004

FARMINGTON, Conn., Dec. 3 /PRNewswire-FirstCall/ -- DrugMax, Inc. , a specialty pharmacy and drug distribution company, today announced that Co-Chairman and Chief Executive Officer Ed Mercadante is scheduled to present at the First Albany Capital Annual Growth Conference on Tuesday, December 7, 2004 at 4:40 p.m. (EST). The conference will be held at the Mandarin Oriental in New York City.

Investors can access a live webcast of the presentation on the Company's Web site at http://www.drugmax.com/. A link to the webcast will be available in the Investor Relations section of the site. Please register ten minutes prior to its start. An archive of this presentation will be available for thirty days.

About DrugMax, Inc.

DrugMax, Inc., formed through the merger of the old DrugMax, a leading specialty pharmaceutical distributor of health-related products, and Familymeds Group, one of the largest operators of specialty pharmacies at the point of medical care in the U.S., is a specialty pharmacy and drug distribution provider. The Company operates more than 80 pharmacies at or near the point of medical care in 13 states across the U.S. DrugMax also distributes specialty drugs that treat complex diseases and medical conditions to doctors, clinics, small hospitals, pharmacies and respiratory care providers. More information about DrugMax can be found on the Company's Web site at http://www.drugmax.com/. The Company's online product offering can be found on Familymeds' Web site at http://www.familymeds.com/.

DrugMax, Inc.

CONTACT: Chuck Dohrenwend or Jason Thompson, both of The AbernathyMacGregor Group, +1-212-371-5999, for DrugMax

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