SmallCaps Online LLC Announces Investment Opinion on Medix Resources, Inc.
NEW YORK--(BUSINESS WIRE)--Dec. 1, 1999--
SmallCaps Online LLC Initiates Coverage of Medix Resources, Inc. With
A BUY Recommendation
Visit SmallCaps Online's Web Site at www.SmallCapsOnline.com for
Detailed Report
SmallCaps Online LLC announced today that it has initiated coverage of Medix Resources, Inc. (OTC BB:MDIX) with a BUY recommendation. The full text of the report can be accessed at SmallCaps Online's web site, at www.SmallCapsOnline.com.
Medix Resources, Inc. is an online healthcare B2B transaction processing company, leveraging the Internet and its proprietary Cymedix.com software product to connect healthcare providers (including physicians, insurance companies, hospitals, laboratories, pharmacy benefit managers and pharmacies), enabling communication, data exchange and transaction processing in an enhanced, cost-efficient manner. The Cymedix.com product, with its patented Universal Interface Software, allows the multitude of disparate electronic medical management systems to be virtually integrated today. Unlike other systems commercially available, Cymedix is very user-friendly and can be easily installed into current physician offices (connects with all legacy physician management systems), without disrupting current work flow and without requiring "re-keying" of patient information and history.
SmallCaps Online LLC is a registered investment advisor focused on identifying emerging growth companies in the healthcare and information technology sectors that offer compelling investment opportunities over the long term. By providing comprehensive financial services, including corporate finance, M&A advisory, strategic partnering and communications consulting, the company positions itself to provide a fully integrated package of value-added services to emerging growth companies.
The information in this press release has been obtained from sources that SmallCaps Online LLC believes to be reliable, but the Company does not guarantee its accuracy or completeness. Neither the information nor any opinion expressed constitutes a solicitation by SmallCaps Online LLC for the purchase or sale of any securities. SmallCaps Online LLC or its affiliates has performed investment banking, consulting or other services for and may solicit investment banking, consulting or other business from any company mentioned in this release. SmallCaps Online LLC or its affiliates or persons associated with SmallCaps Online LLC or its affiliates may at anytime be long or short any of the securities referred to herein and may make purchases or sales thereof while the Company's reports are in circulation or posted on the SmallCaps Online LLC web site at www.SmallCapsOnline.com. This material, or any portion thereof, may not be reproduced without prior permission from SmallCaps Online LLC. Copyright (c) 1999 by SmallCaps Online LLC. All rights reserved.
CONTACT: SmallCaps Online LLC
Jeffrey B. Davis
(212) 554-4158 (phone)
(212) 554-4058 (fax)
info@SmallCapsOnline.com
TICKERS: OTC BB:MDIX
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