adam.com Announces Revised Relationship with WebMD Corporation
BUSINESS WIRE - December 07, 2000 11:54
NEW YORK, Dec 7, 2000 (BUSINESS WIRE) -- adam.com, Inc. (NASDAQ: ADAM), a leading originator and syndicator of health information for the e-health and e-learning markets, today announced a revised content license agreement with WebMD Corporation (NASDAQ: HLTH).
adam.com and WebMD entered into a mutually binding agreement in June 2000, which was finalized under a definitive agreement in October 2000. The revised agreement replaces all prior contracts with WebMD. Financial terms were not disclosed.
Under general terms of the three-year agreement, adam.com will license to WebMD several online health products, including adam.com's Health Illustrated Encyclopedia, thousands of medical illustrations, and a library of online interactive health presentations.
"We are very pleased to enter into this long-term relationship that solidifies our partnership with WebMD into 2003," said Robert S. Cramer, Jr., chairman and CEO of adam.com.
About adam.com
For more than a decade, adam.com (NASDAQ: ADAM) has been at the forefront of developing the world's most interactive and engaging health and medical information. Today, through partnerships with companies including Yahoo! Health, WebMD, the National Library of Medicine, and Pearson Education, adam.com has quickly become the leading creator and syndicator of online health and medical content to millions of consumers, professionals and students around the world. adam.com's proprietary content library features a medical encyclopedia covering 4,000 diseases and conditions, 40,000 medical illustrations, health education presentations, 3-D image models, virtual tours of the human body, Internet-ready, broadcast-quality animation, and topic-specific health centers on pregnancy, children's health and outdoor medicine.
Forward-Looking Statements
Except for historical information, all of the statements, expectations and assumptions contained in this press release are forward-looking statements. These statements involve a number of risks and uncertainties that could cause actual results, performance or developments to differ materially. Factors that could affect the company's actual results, performance or developments include general economic conditions, the development of the Internet as a source of health information, pricing actions taken by competitors, the demand for the company's health information, regulatory changes, and other laws which impact the way in which the company conducts its business.
NOTE TO EDITORS: adam.com is a trademark of adam.com. All other products mentioned are trademarks or registered trademarks of their respective companies.
CONTACT: adam.com, Inc. Ginny Perrine, 770/541-5051 gperrine@adamcorp.com or Jackson Spalding Communications Gustavo Machado, 404/724-2507 gmachado@jacksonspalding.com |
