Kuala Healthcare Endorses Internet Distribution Deal with InfoSpace.com
Kuala's 56 Percent Subsidiary, Infu-Tech, Enters Into Internet Distribution Deal With InfoSpace.com in Order to Leverage it's Relationships With Managed
Care Companies Which Have Over 25 Million Enrollees On
Infu-Tech's Specialty Pharmaceutical Website
ENGLEWOOD CLIFFS, N.J., Sept. 27 /PRNewswire/ -- Kuala Healthcare Inc. (Nasdaq: KUAL) announced that its 56?-owned subsidiary, Infu-Tech, Inc., (Nasdaq INFU) has signed a distribution and advertising agreement with InfoSpace.com (Nasdaq: INSP) for a web-based advertising awareness campaign in which Infu-Tech will advertise its products and services throughout InfoSpace.com's affiliate network. InfoSpace.com's network consists of more than 1,800 web sites and includes AOL, Netscape, Microsoft, Lycos, go2net Inc.'s MetaCrawler, Dow Jones (The Wall Street Journal Interactive Edition), and ABC LocalNET. This move signals Infu-Tech's readiness to leverage its expertise and experience in specialty pharmaceuticals and disease management on the World Wide Web.
Infu-Tech will leverage its more than 15 years of proven clinical experience and contracts with more than 70 nationwide managed care providers that cover more than 25 million enrollees. Infu-Tech has earned a reputation for patient satisfaction and clinically proven success in delivering high levels of service to special needs patients in their residences.
Infu-Tech plans to debut its web site, called "SmartMeds.com", at URL www.smartmeds.com, which will include an online pharmacy featuring specialty pharmaceuticals, medical products, healthcare and disease management information, and patient interaction with medical professionals, on October 18, 1999.
"Infu-Tech's distribution relationship with InfoSpace.com will help broaden the awareness and availability of specialty pharmaceuticals for treating many different diseases among the millions of InfoSpace.com visitors on the web," said Jack Rosen, Chairman and CEO of both Kuala and Infu-Tech. "Smartmeds.com's mission is to fill the current void on the web for a site that efficiently addresses the need for specialty pharmaceuticals and medical services for patients in their homes. Infu-Tech is going to make it easier for people to manage not only their medical needs with specialty pharmaceuticals, but also to receive the latest medical information based on our years of accumulated knowledge and experience in managing chronic disease."
One of the most trusted healthcare and pharmaceutical suppliers in the United States, Infu-Tech fills prescriptions primarily for people who use infusion therapy and injectable drugs in their homes. These include prescriptions such as antibotics, antivirals, chemotherapy, total parenteral nutrition, and pain management medications, which are used to treat chronic diseases such as diabetes, asthma, congestive heart failure, sickle cell anemia, HIV, Gauchers Disease and cystic fibrosis. Infu-Tech has traditionally serviced its patients in their residences by fulfilling prescriptions through phone and fax orders.
"Through InfoSpace.com's unparalleled distribution network of over 1,800 web sites, Infu-Tech now has the ability to reach 86% of all Internet users," said Naveen Jain, Chairman and CEO of InfoSpace.com. "That is a powerful proposition for companies who want to expose their content to a broad range of Internet users on many of the top trafficked sites on the Internet."
About InfoSpace.com
InfoSpace.com is a leading internet infrastructure company. InfoSpace.com provides private label solutions for content, community and commerce to web sites and Internet appliances. InfoSpace.com's affiliate network consists of more than 1,800 web sites. The company's affiliates include AOL, Netscape, Microsoft, Lycos, go2net Inc.'s MetaCrawler, Dow Jones (The Wall Street Journal Interactive Edition), and ABC LocalNET. In addition, InfoSpace.com has agreements with a number of providers of internet access devices including PCs by Acer America and The Pixel Company (for Packard Bell NEC), cellular phones by AT&T Wireless and UnWired Planet, pagers by WolfeTech (for Motorola), screen phones by InfoGear, Mitel, Mitsui and Lucent, television set-top boxes by American Interactive Media, @Home, Lucent, On Command, Planetweb and Source Media, online kiosks by King kiosk platform and Lexitech kiosk platform, and personal digital assistants by AT&T Wireless, InfoGear and Unwired Planet.
About Infu-Tech
Englewood Cliffs, NJ, based Infu-Tech is a leading provider of high quality, cost efficient specialty pharmaceuticals and medical services to patients in their homes, ambulatory infusion sites and in long-term care facilities. With more than 15 years clinical experience and managed care relationships with the enrollees of more than 70 HMOs, large employer groups, Medicare and Medicaid, Infu-Tech has earned a reputation for patient satisfaction and clinically proven success in delivering high levels of service to special needs patients.
Infu-Tech will be extending its company's interaction with patients this fall with the introduction of their web site, www.smartmeds.com. The initial web site, which will include an online pharmacy and interaction with medical professionals, will offer the convenience and consistency of ordering specialty medications and other medical products with a simple mouse click. Infu-Tech is accredited by the Joint Commission on Accreditation of Healthcare Organizations (JCAHO), and the company's products and services are marketed in 27 states. Infu-Tech is a publicly traded company, NASDAQ SMALLCAP:INFU.
About Kuala Healthcare
A leading integrated alternative healthcare provider, Kuala Healthcare owns and operates five long-term healthcare facilities and one residential healthcare facility located in New Jersey and Pennsylvania. Kuala is a publicly traded company, NASDAQ SMALLCAP: KUAL. |
