Pernix To Present At Cowen and Company Health Care Conference

Posted on 03/09/2010

MAGNOLIA, TX, March 9, 2010 -- Pernix Therapuetics Holdings, Inc. (NYSE Amex: PTX) (“the Company”) today announced that the Company will present at the Cowen and Company 30th Annual Health Care Conference at the Marriott Copley Place in Boston.

The Company’s presentation is scheduled for Wednesday, March 10, 2010 at 9:30 a.m. EST, and will be delivered by Cooper Collins, Chief Executive Officer of Pernix. An archived webcast, in addition to presentation slides, will be available on the Investor Relations page of the Pernix website at www.pernixtx.com.

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Golf Trust Stockholders Approve Pernix Merger

Posted on 03/08/2010

Renamed Company To Trade On NYSE Amex Under Symbol "PTX"

CHARLESTON, SC, March 8, 2010 -- Golf Trust of America, Inc. ("GTA") (NYSE Amex: GTA) announced that GTA's stockholders voted to approve the four proposals that were conditions to closing the previously-announced merger between GTA and Pernix Therapeutics, Inc. (“Pernix”) at a Special Meeting of Stockholders held earlier today. Holders of approximately 78.2% of Golf Trust outstanding common shares voted in favor of the proposal to issue the merger shares, or 99.2% of total shares voted. The combined company will be renamed Pernix Therapeutics Holdings, Inc. We currently anticipate the merger will close on March 9, 2010 and that trading will commence on the NYSE Amex under the symbol "PTX" on March 10, 2010.

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Golf Trust and Pernix Announce Merger

Posted on 10/08/2009

Golf Trust of America, Inc. (“GTA”) (NYSE Amex: GTA) today announced an Agreement and Plan of Merger with Pernix Therapeutics, Inc., to create a publicly-traded specialty pharmaceutical company that the parties believe will be well-positioned for continued profitable growth as Pernix expands its geographic operations and product portfolio of commercially-established pediatric and other branded products. The transaction has been unanimously approved by the board of directors of both GTA and Pernix.

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