Wednesday June 2, 9:02 am Eastern Time
Company Press Release
SOURCE: BioLogix International, Ltd.
The Health Channel - Leaps Ahead
SAN FRANCISCO, June 2 /PRNewswire/ -- BioLogix International, Ltd. (OTC Bulletin Board: BGIX - news) reported
today that The Health Channel (www.thehealthchannel.com) has entered into an agreement with the Infoseek Corporation
(Nasdaq: SEEK - news) to quadruple the size of its public portal to over one million on-line documents; making it the largest
and most powerful public access healthcare portal on the Internet today.
The announcement is expected to reinforce The Health Channel's efforts to build on its competitive position in the highly valued
market for all healthcare portals, and to increase its share of an industry segment which is still expected to grow from $500
Million to nearly $6.2 Billion by the year 2002. The recent multi-billion dollar merger of Healtheon and WebMD, as well as the
market activities of other health portals, including mediconsult.com and drkoop.com have focused a lot of investment attention
on the ''space'' and have set the precedent for high stock valuations.
thehealthchannel.com, currently indexes over 2.8 million other Internet health and health-related sites, has direct links with in
excess of 1700 on-line healthcare information service centers, provides detailed coverage of nearly 700 medical conditions,
offers channels for professional and personalized information, national and local TV listings, and a ''virtucare'' environment for
health chat and interactivity. The latest site expansion will also provide users with the ability to search nearly 1,000,000
additional web pages of on-line health-care information at thehealthchannel.com itself or to search the entire Internet.
Infoseek Corporation is a premier global media network which enriches people's daily lives by combining integrated Internet
services with leading consumer brands. In January, 1999, Infoseek, in partnership with The Walt Disney Company, launched
the GO Network, a major Internet portal designed to connect people with the things they care about most.
Further announcements are expected about upcoming new product features at thehealthchannel.com. For more information
contact Investor Relations at 888-603-8003.
SOURCE: BioLogix International, Ltd. |
