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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Ga Bard who wrote (8491)	6/16/1999 3:29:00 PM
From: 2MAR$	Respond to of 108040

Chester Holdings, Ltd. To Acquire PharmaOn-line.com, Inc. Business Editors FLANDERS, N.J.--(BUSINESS WIRE)--June 16, 1999--Chester Holdings, Ltd. (Electronic Bulletin Board symbol:CHES) today announced that it signed a Letter of Intent to acquire all of the shares of PharmaOn-line.com, Inc. from the Gladstone Group, Inc. of Mt. Arlington, NJ. No details of the proposed acquisition were available. PharmaOnline.com has developed a proprietary Internet infrastructure allowing pharmacies to order and control inventory of generic drugs. The Gladstone Group, which currently provides disease state management programs to chain and independent pharmacies throughout the United States, will support Chester Holdings in marketing the system. This proposed acquisition is one of several currently under consideration by Chester.