Medix Resources Announces Agreement With Warburg Dillon Read
DENVER, Mar 28, 2000 /PRNewswire via COMTEX/ -- John Prufeta, president and CEO
of Medix Resources, Inc. (OTC Bulletin Board: MDIX), today announced that the
Company has hired Warburg Dillon Read LLC (WDR) as its exclusive financial
advisor to provide advisory services relating to mergers and acquisitions,
strategic relationships, and financing options. A member of the New York Stock
Exchange and other principal exchanges, WDR is a New York-based investment
banking firm. Medix provides Internet-based healthcare communication, data
integration, and transaction processing software through its Cymedix.com product
line.
"We are extremely excited to have Warburg Dillon Read as our financial advisory
partner," stated Prufeta. "We expect WDR's expert healthcare team to be
instrumental in helping Medix Resources achieve its strategic objectives within
the healthcare Internet industry."
Denver-based Medix Resources, through Cymedix Lynx Corporation, offers
Cymedix.com, a suite of fully-secure, patented Internet communications software
products, to the healthcare industry. Additional information about Medix
Resources and its products and services can be found by visiting its Web sites,
www.medixresources.com and www.cymedix.com, or by calling 800/326-8773.
"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/A for 1998, which was
filed with the Securities and Exchange Commission on July 23, 1999, and its 1999
third quarter Form 10-QSB, which was filed with the Securities and Exchange
Commission on November 10, 1999. This information is available from the SEC or
the Company.
SOURCE Medix Resources, Inc.
(C) 2000 PR Newswire. All rights reserved.
prnewswire.com
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CONTACT: General and Press: Robin Schoen of Robin Schoen Public
Relations, 215-504-2122; or Investors: Josh Golomb of SmallCaps Online
Communications, 212-554-4158, both for Medix Resources, Inc.
KEYWORD: Colorado
New York
INDUSTRY KEYWORD: HEA
MLM
FIN
SUBJECT CODE: OTC
URL: cymedix.com
medixresources.com |
