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Gold/Mining/Energy : T.ITE: iTech Capital (TSE)

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To: Rob Davis who wrote (4386)3/9/2000 3:18:00 PM
From: Rob Davis  Read Replies (1) of 5053
 
Medsite Board of Directors

I don't remember taking note of the two additions to the Medsite board of directors that were announced when Medsite issued news of its latest round of financing in December.

Here is a clip from that article...(sure gives me a warm, fuzzy feeling about Medsite's future possiblities of success):

The Company also announced the appointment of Gary M. Stein, Vice President of Morgan Stanley Dean Witter Venture Partners, and Dr. Mitchell Blutt, Executive Partner of Chase Capital Partners to its Board of Directors. In announcing the financing, Sundeep Bhan, Medsite?s founder and Chief Executive Officer, said, ?We are very excited by the fact that Goldman Sachs and Morgan Stanley Dean Witter will be equity owners in our Company and that Chase Capital and our other investors have decided to increase their interest in Medsite. It is extremely gratifying that some of the world?s most prestigious financial institutions have endorsed our business model. With the financial support and professional guidance of our investors, Medsite has the resources to realize our vision of being a one-stop destination for all of a physician?s practice needs.?

Sanjeev Mehra, Managing Director of Goldman Sachs, said, ?With its comprehensive product and service offerings and established relationships in the healthcare industry, Medsite is well-positioned in the e-healthcare space. We look forward to participating in the Company?s future success.?

medsite.com
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