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Technology Stocks : VerticalNet, Inc. [VERT]

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To: Manny who wrote (237)5/14/1999 7:40:00 PM
From: Sam Matz  Read Replies (1) of 1094
 
Friday May 14, 3:04 pm Eastern Time

Company Press Release

VerticalNet Introduces Two New
Communities of Commerce Targeting the
Healthcare Industry

Web sites Provide In-Depth Coverage for Nursing
and Hospital Purchasing Professionals

HORSHAM, Pa.--(BUSINESS WIRE)--May 14, 1999-- VerticalNet, Inc. (Nasdaq: VERT - news), the Internet's
premier owner and operator of business-to-business communities of commerce, announced today the addition of
Nurses.com (www.nurses.com) and Hospitalnetwork.com (www.hospitalnetwork.com) to its family of sites.
Both Web sites debuted recently as part of the firm's new Healthcare Group.

Specifically designed to offer professional nurses a one-stop knowledge center, Nurses.com contains coverage of
industry news and trends, as well as in-depth clinical articles. The site is continually updated with information
regarding the latest breakthroughs in drugs, licensure, regulation, research and product information.

Advertising, sponsorships, e-commerce and auction features will provide easy-to-use purchasing options for buyers
of products and services used in nursing.

Hospitalnetwork.com serves the information needs of materials managers, purchasing directors, purchasing agents,
central service directors, and others involved in hospital purchasing. Trends in healthcare industry business
conditions, new technology and new services will be reported daily. Like Nurses.com, the site is also a
comprehensive database of industry, professional, regulatory, research, and product information.

''VerticalNet has a proven formula for attracting industry professionals to its sites and providing commercial
opportunities for advertisers and business partners,'' says Mark Walsh, President and CEO of the company.
''We're excited about the potential that the healthcare industry represent, and the value that we can bring to
businesses in this arena.''

Like other VerticalNet sites, both Nurses.com and Hospitalnetwork.com offer a full range of Internet-enabled
functions, including buyer's guides that provide comprehensive listings of supplier information, career centers,
books and software listings and discussion forums.

About VerticalNet

VerticalNet, Inc. (www.verticalnet.com) is the Internet's premier developer of business-to-business communities of
commerce and content. Founded in 1995 as Water Online, VerticalNet has grown to 39 Web site communities,
attracting nearly two million visitors per month. The company went public on February 11, 1999, and is currently
listed on Nasdaq as ''VERT.''

The list of currently operating Website communities includes: Water Online, Pollution Online, Public Works Online,
Solid Waste Online, Power Online, Pulp and Paper Online, Chemical Online, Pharmaceutical Online, Hydrocarbon
Online, Semiconductor Online, Paint and Coatings.com, Adhesives and Sealants Online, Food Online, Oil & Gas
Online, Wireless Design Online, Photonics Online, Fiber Optics Online, RF Globalnet, Premises Network Online,
Property and Casulty.com, Safety Online, Aerospace Online, Computer OEM Online, Medical Design Online, Test
and Measurement Online, Plant Automation Online, Embedded Technologies.com, Food Ingredients Online,
FoodService Central.com, Beverage Online, Bakery Online, Meat and Poultry Online, Dairy Network.com,
Packaging Network.com, Bioresearch Online, Drug Discovery Online and Laboratory Network,
HospitalNetwork.com, and Nurses.com.

''Safe Harbor'' Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press
release regarding Verticalnet's business which are not historical facts are ''forward-looking statements'' that involve
risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ
from those contained in the forward-looking statements, see ''Risk Factors'' in the Company's Annual Report or
Form 10-K for the most recently ended fiscal year.

Contact:

PepperCom, Horsham
Frances Lucivero, 212/931-6129
fluciver@peppercom.com
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