Millstream Acquisition Corporation (OTCBB: MSTM, MSTMW and MSTMU) and privately held NationsHealth Holdings, L.L.C. announced today that Millstream’s definitive proxy statement relating to the merger of Millstream and NationsHealth has been mailed to its shareholders and that a special meeting of Millstream’s shareholders has been scheduled to vote on the merger. The meeting will take place at 10:00 am Eastern Time, on Monday, August 30, 2004 at Millstream’s corporate headquarters at 435 Devon Park Drive, Wayne, Pennsylvania. Upon an affirmative vote by a majority of outstanding shares of Millstream common stock, the merger is expected to close on Tuesday, August 31, 2004, at which time Millstream will change its name to “NationsHealth, Inc.” Closing is also conditioned on holders of less than 20% of the shares of Millstream’s common stock voting against the merger and electing to convert their Millstream shares into cash.
