Headline: Medix Resources Announces Consulting and Marketing Agreement With
ASCENTechnologies
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DENVER, July 16 /PRNewswire/ -- Medix Resources, Inc.
(BB: MDIXC) today announced the signing of a consulting and
marketing agreement with Richard S. Dick, Ph.D., CEO of ASCENTechnologies,
Inc. (www.whcat.com). ASCENTechnologies is a leading healthcare IT consulting
and research firm and is widely recognized as the leading consulting firm for
Computer Based Patient Record Systems and Electronic Medical Record
technologies.
Under the agreement, Dr. Dick and his team will assist the company
through, 1) direct product sales with targeted industry insurers and
providers, 2) licensing agreements with medical software vendors in the
Physician Practice Management and Electronic Medical Record product segments,
3) contracted clinical outcome testing in conjunction with select
pharmaceutical manufacturers.
John Yeros, Chairman and CEO of Medix Resources, commented, "Dr. Richard
Dick is widely respected throughout the healthcare industry. His reputation
with Electronic Medical Record technology will provide our Cymedix Lynx
products with visibility and access to the nation's leading healthcare
organizations.
"ASCENTechnologies as a virtual corporation has assembled a team of senior
physician, management and IT professionals, with expertise in all aspects of
the healthcare delivery enterprise, and has consulted for many of the leading
and most prominent medical institutions across the country. We at Medix
Resources are pleased that Dr. Dick recognizes the value and importance of our
unique Cymedix electronic communications technology. We are also excited at
the prospect of our product line being represented by his impressive national
marketing and consulting organization."
Dr. Richard Dick, President of ASCENTechnologies, Inc., said of the signed
agreement, "From my perspective, Cymedix Lynx offers a rare combination of
application functionality and price performance. Elements of the Cymedix
program suite have the capability of becoming widely used throughout the
healthcare industry. I am pleased and intrigued by the opportunity to work
with this new technology."
Medix Resources, Inc. through its wholly owned subsidiary Cymedix Lynx
Corporation, offers several fully secure patent pending internet
communications products, using an internet commerce business model. The
Company's core business also provides skilled nursing, therapy, rehabilitation
and other medical personnel for flexible staffing in home care, and in a broad
spectrum of healthcare and educational facilities.
"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 1OK-SB for 1997
and Form 1O-QSB for its first quarter of 1998 that were filed with the
Securities and Exchange Commission on March 30, 1998 and May 12 1998. Such
information is available from the SEC or from the Company.
SOURCE Medix Resources, Inc.
-0- 07/16/98
/CONTACT: John P. Yeros of Medix Resources, Inc. 303-741-2074/
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