HLTH 100's ADAM 20's MCAR 6's and MCAR Health Portal is more comprehensive than the others
(COMTEX) B: medcareonline.com To Stream Medical Content Online
B: medcareonline.com To Stream Medical Content Online
OAK BROOK, ILL. (May 21) BUSINESS WIRE -May 21, 1999--MedCare
Technologies, Inc. (NASDAQ:MCAR) MedCare Technologies, Inc., through
its wholly owned subsidiary, medcareonline.com, Inc., today announced
its plans to stream a wide range of medical content and continuing
education materials to physicians, nurses, and other health
professionals. In conjunction with its own growing network of leading
physicians, affiliates and other content providers, the Company plans
to offer live and archived surgical procedures, continuing education,
health management courses and other content designed specifically for
the "healthmed" user. These services will be offered through
medcareonline's physician exclusive section, America's first free
turnkey Internet solution exclusively for physicians and other medical
professionals.
"The convergence of healthcare and the Internet is gaining momentum,"
comments Mr. Marc Menendez, President of MedcareOnline.com, Inc., a
wholly owned subsidiary of MedCare Technologies. "We believe
yesterday's merger announcement between Healtheon (NASDAQ: HLTH) and
WebMD will be a catalyst to spur greater interest in growing
'health.net' companies such as ours, mediconsult.com (NASDAQ: MCNS),
DrKoop.com, OnHealth (NASDAQ: ONHN) and others. At over $1.0 trillion,
healthcare is the single largest component of our economy and offers a
lot of opportunity for many niche players. A great example is our
medical equipment auction service. Despite being a $97 billion
worldwide market, half of all healthcare systems have yet to develop
strategies for identifying and replacing high tech equipment as it
ages. This of course represents great opportunity for us and our
shareholders." ABOUT MEDCAREONLINE.COM
MedCare Technologies, Inc., through its wholly owned subsidiary,
medcareonline.com, Inc., has developed www.medcareonline.com as a
comprehensive healthcare portal offering extensive medical information.
MedCare's health portal has been designed to meet the current
grassroots movement sweeping across the web, where 46% of all online
users search for information about a medical or personal problem
according to a recent Intelliquest Inc. survey. MedCare's "vertical"
portal provides health-specific information and resources, such as
health travel advisory, health news, symposiums, medical journals and
publications.
With half of all doctor's patients expected to be online and
researching medically related subjects within 24 months, MedCare
recently launched www.treatamerica.com as America's first free turnkey
Internet solution exclusively for physicians and other medical
professionals. treatamerica.com offers a host of services, including
free professional, fully customizable web sites, free hosting, and free
Internet e-mail for staff and patients. Additionally, treatamerica.com
will soon offer e-mail to pagers and beepers, interactive physician to
patient chat, peer to peer chat, and list server capabilities for
physicians worldwide.
For additional information, including recent analyst reports, please
contact Mr. Bill Mann at 800-611-3388 or visit our website at
medcareonline.com.
This news release contains forward-looking statements as defined by the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements include statements concerning plans, objectives, goals,
strategies, future events or performance and underlying assumptions and
other statements which are other than statements of historical facts.
These statements are subject to uncertainties and risks including, but
not limited to, product and service demand and acceptance, changes in
technology, changes in insurance reimbursement, economic conditions,
the impact of competition and pricing, government regulation, and other
risks defined in this document and in statements filed from time to
time with the Securities and Exchange Commission. All such
forward-looking statements, whether written or oral, and whether made
by or on behalf of the Company are expressly qualified by these
cautionary statements and any other cautionary statements which may
accompany the forward-looking statements. In addition, the Company
disclaims any obligation to update any forward-looking statements to
reflect events or circumstances after the date hereof.
-0- sig/ix*
CONTACT: MedCare Technologies, Inc.
Mr. Bill Mann, 800/611-3388
Website: www.medcareonline.com
KEYWORD: ILLINOIS
INDUSTRY KEYWORD: MEDICINE PHARMACEUTICAL Today's News On The Net -
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