NEWS: PaineWebber Includes Eyecity.com, Inc. In eHealth Commerce Health Care Equity Market Overview
PLAINVIEW, N.Y., Jan 26, 2000 (BUSINESS WIRE) -- Eyecity.com, Inc.,
(OTC BB:ICTY) an Internet marketer of eyewear and optical related
products, reported today that the January 2000 PaineWebber Health Care
Equity Market Overview includes Eyecity.com, Inc., in the eHealth
Commerce Section.
Mark H. Levin, CEO said, "We are pleased that PaineWebber has included
Eyecity.com, Inc., in the new Health Care Equity Market Overview. This
inclusion recognizes the position Eyecity.com, Inc., has achieved in
the online health care market."
Drugstore.com, Inc. (DSCM), VitaminShoppe.com (VSHP), Allscripts, Inc.
(MDRX), and Chemdex Corp. (CMDX), comprise the rest of the eHealth
Commerce Section of the Health Care Equity Market Overview.
About Eyecity.com
Eyecity.com, Inc. is a leading Internet marketer of eyewear and
optical related products and accessories. The U.S. market for optical
related products was $15.8 billion in 1998 and projected to jump to
$19.5 billion in 2000. Products include sunglasses, prescription
eyewear, contact lenses, binoculars, and eyewear for specialty
applications, pharmaceutical solutions and optical accessories. Through
acquisitions and internal development, Eyecity.com, Inc. operates a
family of Web sites catering to the optical and eyecare needs of a
broad range of lifestyles and interests. Recent acquisitions include
Peepers.com, Eyeglassplace.com, Sunglasssite.com, Opticalsite.com, and
Binoculars.com. The Company's Super site, eyecity.com, is anticipated
to launch in early 2000. Eyecity.com intends to offer a combination of
innovative technology, broad selection of name brands, informative
content, real-time customer service and competitive prices. The Company
also has a license with Yahoo! Inc. to market a Yahoo!-branded eyewear
product collection. The Yahoo! (R) eyewear collection will include
computer glasses, reading glasses, sunglasses, optical frames and
related accessories.
This press release contains certain forward looking statements, which
may involve known and unknown material risks, uncertainties and other
factors not under the Company's control including without limitation
its ability to operate as a going concern, the need for additional
financing, the impact of competition, the management of growth,
compliance with applicable regulatory requirements, the Company's
ability to implement its long term business plan for acquiring
complementary businesses and the Company's ability to enter into
agreements with marketing or distribution partners, which may cause
actual results, performance and achievements of the Company to be
materially different from the Company's expectations.
Copyright (C) 2000 Business Wire. All rights reserved.
Distributed via COMTEX.
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CONTACT: Eyecity.com, Inc., New York
Mark H. Levin, 516/822-5000 (President)
mlevin@eyecity.com
or
Investor Relations:
I.W. Miller Group, Inc., Irvine, CA
Larry Fortune, 949/833-9001
WEB PAGE: businesswire.com
GEOGRAPHY: NEW YORK
INDUSTRY CODE: RETAIL
MANUFACTURING
MEDICAL
MEDICAL
DEVICES
COMPUTERS/ELECTRONICS
E-COMMERCE
INTERNET |
