To: Jay Lyons who wrote (21487 ) 9/14/1999 8:47:00 AM From: Susan Saline Respond to of 43080
morning jay .... yes, HLTH trying to be the worldwide leader on the net ... "WebMD and Healtheon have already agreed to merge in a move to create the largest online health service. "biz.yahoo.com another I am sitting on is RRRR news today: Monday September 13, 6:15 pm Eastern Time Company Press Release SOURCE: Rare Medium Inc. Rare Medium Inc. to Ignite E-Commerce Engine For Genuine Parts' Subsidiary New Site Will Allow Existing and New Customers to Complete E-commerce Transactions ATLANTA, Sept. 13 /PRNewswire/ -- Rare Medium Inc. announced today it has been selected by EIS, a subsidiary of Genuine Parts Company (NYSE: GPC - news), to redesign its Com-Kyl division's Web site and integrate the new site with the company's Enterprise Resource Planning (ERP) system. Rare Medium will design the new site to link existing business-to-business customers with the Com-Kyl division through a secure Extranet allowing them to order products on-line from an e-commerce store front, review the status of orders, inventories and make payments, all in real time. ''We selected Rare Medium because of their experience in incorporating the Internet into existing business channels,'' said Steve Kendall, chief executive officer, EIS. They're not just web developers, but a true Internet solutions integrator.'' According to Kendall, integrating the Web site with the ERP system will provide EIS customers with one of the most cost-efficient purchasing channels available today -- the Internet. ''These new e-commerce solutions offer a single point of contact for our customers. This improved access will save them time and money and provide us with an expanded Internet presence, which is critical to our continued success,'' added Kendall. The initial scope of work includes redesigning the Com-Kyl Web site, installing an IBM e-commerce solution to link the site to the SAP R/3 system, and developing an Extranet for existing business customers. Phase two of the EIS Web site development is to create a business-to-consumer Web site. Rare Medium will design for EIS a company store front that will allow consumers to buy products directly from Com-Kyl. About Rare Medium Inc. Rare Medium Inc., a wholly owned subsidiary of Rare Medium Group Inc., (Nasdaq: RRRR - news) is an Internet solutions firm that helps clients develop e-commerce Internet strategies, improve business processes, develop marketing communications, branding strategies, and interactive content using internet- based technologies and solutions. Rare Medium Inc. develops Internet- and Web-based solutions primarily for large and medium-sized corporations, including Microsoft, The New York Times, Epson, General Mills, Pfizer, Hotel Reservation Network and the Federal Reserve Bank, among other leading companies. The mission of Rare Medium Group is to incubate paradigm-shifting ideas and build the next wave of blockbuster Internet companies by leveraging its award-winning Internet development arm, Rare Medium Inc. Companies currently in development include: www.liveuniverse, a ''Micro-Portal Enabler'' with over 100,000 Web sites in its network; www.iface.com, a ''VOIP'' company, ''Voice Enabling'' the Internet; and www.changemusic.com, a Web site that helps emerging musicians by promoting mp3 recordings. Rare Medium Group Inc. employs approximately 400 Internet professionals and is headquartered in New York with additional offices throughout the United States and Canada. Except for historical matters contained herein, the matters discussed in this press release are forward-looking and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that these forward-looking statements reflect numerous assumptions and involve risks and uncertainties that may affect Rare Medium Group Inc., and its subsidiaries' business and prospects and cause actual results to differ materially from these forward-looking statements. Among the factors that could cause actual results to differ are Rare Medium's limited operating history; competition; low barriers to entry; reliance on strategic relationships; rapid technological changes; inability to complete transactions on favorable terms and those risks discussed in the company's filings with the SEC.