Latest News -------------------------------------------------------------------------------- E-Stamp Partners With DoctorSurf.com and Provider Select to Provide Internet Postage to Medical IndustryE-Stamp Continues Vertical Market Momentum by Aligning With Key Partners In the Medical Industry; Internet Postage Product Now Available to Thous -- 7:59 AM EDT
MOUNTAIN VIEW, Calif., Oct 16, 2000 /PRNewswire via COMTEX/ -- E-Stamp Corporation (Nasdaq: ESTM), a leading provider of secure Internet-based transactions, today announced new alliances with two online medical support communities, DoctorSurf.com and Provider Select. DoctorSurf.com is a complete Internet medical resource for physicians, and Provider Select is an operations improvement company for non-acute care providers and affiliate of Premier Inc.
These new relationships continue E-Stamp's aggressive marketing strategy to expand into key vertical markets by introducing E-Stamp's world class Internet Postage service to nearly 65,000 medical professionals, providing a more convenient and efficient approach to handling their everyday mailing and shipping processes.
"These alliances represent the next step for E-Stamp in our ongoing strategy to acquire mailing and shipping intensive customers in key vertical markets," said Robert (Bo) Ewald, President and CEO of E-Stamp Corporation. "By partnering with leading organizations in the medical community, including DoctorSurf.com and Provider Select, we are able to quickly and efficiently reach thousands of medical professionals nationwide."
DoctorSurf.com is a medical destination, created by doctors for doctors, that offers a continuous stream of scientific information, educational programming and services to nearly 20,000 registered members. These health care professionals now have access to a joint Web page which offers E-Stamp's complete product suite including Internet postage and a variety of convenient accessories such as compatible scales and label printers. Members also receive $50 in free postage with their initial E-Stamp Internet postage purchase.
"DoctorSurf.com centralizes all the resources necessary to manage and develop an effective practice," says Dr. Rakesh K. Sharma, M.D., President of DoctorSurf.com. "Integrating E-Stamp's Internet postage into our portal allows us to offer physicians a valuable tool in streamlining practice correspondence."
E-Stamp's Internet postage will also be available to more than 14,000 non-acute care practices which represent over 44,000 physicians within the Provider Select network. Similar to DoctorSurf.com, Provider Select members can purchase E-Stamp's Internet postage solution (which includes the $50 in free postage promotion), as well as a variety of accessories from a joint Web page accessed directly from the Provider Select Web Site.
"Our members have tight schedules and busy offices and refer to us for recommendations to simplify everyday business procedures," says Mel Deutsch, president of Provider Select. "Provider Select's physicians continually benefit from our strategic alliances with companies that provide efficient, time and money saving solutions such as E-Stamp's Internet postage offering." According to the IDC 1999 Small Business Survey, healthcare offices send nearly 2,000 pieces of mail and spend more than $1,400 per year on first class postage. E-Stamp's innovative Internet postage technology allows healthcare offices and other small businesses to track, weigh and ship first class and other types of mail directly from their office, allowing them to bypass the considerable amount of time spent waiting in line at the post office. E-Stamp recently announced other key alignments in vertical markets including relationships with the National Federation of Independent Businesses and Prudential Real Estate. E-Stamp will continue to target key vertical markets in the real estate, law, medicine and insurance industries.
About Provider Select
Provider Select is an operations improvement company dedicated to the non-acute care market. Backed by the purchasing power of Premier, Provider Select addresses the diverse and unique needs of the physician market. Provider Select: MD, its program for physicians and group practices, enjoys a membership of more than 14,000 practices representing over 44,000 physicians.
The program offers savings opportunities on a broad portfolio of products and services beyond traditional medical/surgical supplies. These contracts include transcription services, office supplies, Internet claims processing and credentialing services. Visit Provider Select's Web site at www.providerselect.com.
About Premier
Premier is one of the largest strategic alliances in the country, owned by 217 health care systems operating more than 800 hospitals and affiliated with more than 900 other hospitals. Its group purchasing program serves approximately 1,800 hospitals, several thousand physician practices, and other non-acute care sites. Collectively, these providers purchase approximately $12 billion a year through Premier group contracts for pharmaceuticals, biomedical equipment, and other supplies. Visit Premier's Web site at www.premierinc.com.
About DoctorSurf.com
DoctorSurf.com is a unique medical destination created by doctors for doctors. The Web site -- www.DoctorSurf.com -- delivers a continuous stream of cutting-edge scientific information, educational programming, consumer and professional services to health care professionals. Member benefits of DoctorSurf.com include a library of the latest peer-reviewed professional and medical information; a doctor's lounge that contains chat rooms, bulletin boards, and medical quotes; and a virtual office that provides office tools for billing and collection assistance, dictation services, and medical office purchasing.
About E-Stamp
E-Stamp Corporation is a leading provider of secure Internet-based solutions designed to help companies streamline their critical business processes. From its Internet postage solution, E-Stamp(R) Internet Postage, to its comprehensive multi-carrier shipping solution, DigitalShipper Enterprise, to its next generation supply chain/warehouse management system, e-Warehouse, E-Stamp is driving the e-commerce shipping process. The Company provides businesses with end-to-end e-logistics and e-fulfillment services including inventory management, warehousing and delivery.
E-Stamp has also leveraged the Company's secure, government approved technology to enable users to authenticate printed items of value transmitted over the Internet including travel and entertainment tickets. E-Stamp's solutions are currently available throughout the United States and are being introduced to international markets.
E-Stamp Corporation has established strategic relationships with industry leaders including America Online, Atraxis (Swiss Air Group Company), Avery Dennison, Compaq, eBay, Francotyp-Postalia, Intuit, Kewill E-Commerce, and Microsoft. For more information about E-Stamp Corporation, please visit the company's Web site at www.e-stamp.com
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995:
This release may contain forward-looking statements that involve risks and uncertainties, including statements regarding the company's ability to gain customer acceptance of its Internet postage products and services. Important factors that could cause actual results to differ materially from those in the forward-looking statements, include the competitive nature of the Internet postage market and the acceptance by customers of our postage products and services. Additional factors that may affect results are detailed in filings with the Securities and Exchange Commission made from time to time by E-Stamp Corporation, including its Form 10-K for the year ending December 31, 1999, and Form 10-Q for the quarter ending June 30,2000.
NOTE: E-Stamp and the E-Stamp logo are registered trademarks, and DigitalShipper and e-warehouse are trademarks, of E-Stamp Corporation. Other trademarks are the property of their respective owners.
Please contact Ed Malysz, V.P. and General Counsel, at 650-919-7814 if you have any questions concerning the proper use of our trademarks.
SOURCE E-Stamp Corporation
CONTACT: Karen Smyth, Blanc & Otus Public Relations, 415-912-2358, or ksmyth@blancandotus.com, for E-Stamp Corporation |