Tuesday June 1, 6:58 pm Eastern Time
Company Press Release
Comercis Signs Commitment to Acquire Netgate Medical, Inc.
Acquisition to Expand Comercis' Business-to-Business Services, Provide Fully Developed Medical Community and International Relationships
SOUTHLAKE, Texas--(BUSINESS WIRE)--June 1, 1999-- Chris Meaux, President and Chief Executive Officer of Comercis (formerly Business Web, Inc.) announced today the signed commitment to acquire Netgate Medical, Inc.
Comercis, which is in the process of merging with NewGold, Inc. (OTC BB:NGLD - news), is the leading business-to-business cyber-community management and development company.
''The planned acquisition of Netgate not only expands Comercis' services to include instant development of intranet and extranet communities,'' said Meaux. ''It provides us with an established community of physicians, providers, insurance carriers and more.''
With Netgate's technology, Comercis will be able to offer members of their vertical trade communities a single source, menu-driven intranet with extranet connectivity. This capability allows members to conduct secure communications for information sharing or commerce 24 hours a day, seven days a week with no networking hardware needed. Providing advanced communications capabilities, such as search engines and broadcast tools, trade communities will be able to communicate with customers, peers and vendors like never before.
''Our unique service was developed with an open architecture that allows universal connectivity and massive modular growth as trade communities expand,'' said Dr. Daniel Hodges, founder of Netgate Medical, Inc. ''This will provide Comercis with the flexibility to service customers as their needs and peer groups grow.''
Comercis provides online trade communities and global business-to-business e-commerce solutions to a number of industries including: natural resources, dental, petrochemical, computer, consumer electronic and automotive. The acquisition of Netgate will add medical to Comercis' list of trade communities. Netgate's online medical community has been developed over three years of finely focused research and development to provide a secure forum for healthcare entities. Currently, the community supports over thirty interdependent healthcare and associated categories that include thousands of networked physicians, pharmacists, therapists, hospitals, insurance providers, pharmaceutical companies, medical suppliers and more.
This trade community links all participants in the medical field -- patients, doctors, hospitals, vendors and manufacturers -- empowering them to service their needs quickly and cost-effectively. Patients can use community search capabilities to find physicians, doctors can share medical files with specialists, surgeons can schedule appointments with patients, hospitals can broadcast equipment needs to vendors and manufacturers anywhere in the world. The possibilities are endless.
With such success in the medical industry, Netgate has increased its scope to include the natural resources industry, as well as establish agreements and relationships internationally.
About Comercis
Comercis is the leading business-to-business cyber-community management and development company. Based near Dallas, Texas, Comercis was founded as Business Web, Inc., in 1997. With Cybermovers.net, the first Internet Move-In and Property Management Service, Comercis and its partners provide small to large businesses with start-to-finish knowledge and understanding of how to design, create, host and develop entire Internet communities. In addition to BellSouth, Cybermovers is the preferred move-in service for Netopia (Nasdaq:NTPA - news) Virtual Office Web site owners. The service is available where NVO is featured on the Netscape (NYSE:AOL - news) Small Business Center at www.nvo.com, the Intuit (Nasdaq:INTU - news) Small Business Smart Buyers Guide at www.home.mynvo.com, as well as www.cybermovers.net. Further information is available at www.comercis.com, or toll-free at 877/424-9932.
About Netgate Medical, Inc.
Netgate Medical, Inc., through the Medical Communications/Commerce Network, offers affordable, tiered healthcare intranets with extranet connectivity that save time and money for participating community members. Based in Lafayette, LA, Netgate is a corporation organized to introduce and implement the concept of a ''medical communications network'' to the healthcare industry.
--------------------------------------------------------------------------------
Contact:
Comercis
James Cutburth/Judson Rogers, 817/421-9770
jcutburth@comercis.com
jrogers@comercis.com
www.comercis.com
or
Imagio Public Relations
Jill Ballo, 206/625-0252
jill@imagio.com
|
