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Technology Stocks : Medix - (AMEX: MXR)

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To: REH who wrote ()9/22/1999 11:12:00 AM
From: REH  Read Replies (2) of 226
 
MEDIX RESOURCES ALLOWED PATENT ON CYMEDIX.COM SOFTWARE

DENVER, Sep 22, 1999 /PRNewswire via COMTEX/ -- Medix Resources, Inc.
(OTC Bulletin Board: MDIX) today announced that its Internet Software
Division Cymedix Lynx, Inc. (CYMEDIX) has been allowed a patent for its
software product, Cymedix.com. The patent provides protection of
Cymedix's unique Interface between its unit messaging system and the
Healthcare Professional's local database.

"The ability for our Internet transactions software to integrate with
the physicians practice management system creates a strong difference
between Cymedix and the other vendors. That was worth obtaining patents
to protect our unique technology," states John Yeros, Chairman and CEO
of Medix.

David Pfeil, COO of Cymedix added, "The process of obtaining patents is
a lengthy task and is only allowed when the product is deemed to have
unique technology. This allowance puts the Cymedix in a very positive
position within Healthcare industry."

Cymedix is actively engaged in the dynamic healthcare data integration
and Internet electronic communication arena. Cymedix.com employs
web-based technology in an e-commerce model to provide connectivity to
previously incompatible computer systems throughout healthcare
continuum. The company provides inexpensive enterprise-wide solutions
to historic industry challenges of instantaneous information access,
paper dependence and manual process reliance. Cymedix, a healthcare
communication technology company, establishes a vital electronic
communication link between health plan insurers, physician office
practices and industry service providers.

Denver based Medix Resources, Inc. is engaged through its wholly owned
subsidiary Cymedix Lynx Corporation of Thousand Oaks, California, in
providing several fully secure, patent-pending Internet medical
communications products, using an e-commerce business model.
Historically, the company's core business has been providing skilled
nursing, therapy, rehabilitation and other medical personnel for
flexible staffing in home care and in a broad spectrum of healthcare
and educational facilities.

"Safe Harbor" statement under the Private Securities Litigation Reform
Act of 1995: the Statements contained in this release which are not
historical facts contain forward-looking information with respect to
plans, projections and/or future performance of the Company, the
occurrence of which involve certain risks and uncertainties detailed in
the Company's Form 10-KSB for 1998 that was filed with the Securities
and Exchange Commission on April 12, 1999 and 1999 second quarter
10-QSB filed with the Securities and Exchange Commission on August 11,
1999. Such information is available from the SEC or from the Company.

SOURCE Medix Resources, Inc.
(C) 1999 PR Newswire. All rights reserved.
prnewswire.com

CONTACT: John P. Yeros, Chairman, 303-741-2045, or David Pfeil, COO,
805-230-1133, both of Cymedix

WEB PAGE: cymedix.com

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