To: swisstrader who wrote (17572 ) 10/5/1999 10:19:00 AM From: 2MAR$ Respond to of 108040
KAHI NEWS: (BSNS WIRE) Vitaplanet Announces New Content Agreement With First Databa Vitaplanet Announces New Content Agreement With First Databank Corp. and Updates Shareholders Regarding Vitaplanet Re-Launch Progress Business Editors LOS ANGELES--(BUSINESS WIRE)--Oct. 5, 1999--Vitaplanet.com, a division of Kaire Holdings Incorporated (OTC BB:KAHI), an emerging developer of pure play Internet initiatives, announced today that it has purchased the National Drug Data File from First Databank Corporation, a Hearst Corporation. Vitaplanet President David Kazarian stated, "We are pleased to have purchased what we feel is the most comprehensive and powerful health content databank in the world. This database will not only allow Vitaplanet member-customers to access extremely valuable information about products, but the data itself has a tremendous value to health professionals. The data will allow medical doctors to access information about medication dosing and allergic reactions; dieticians will be able to execute drug/food interactions and geriatric case managers and insurance representatives will be able to access up to the minute average wholesale pricing for thousands of prescription medications." Kazarian added, "As a result of our ambitious addition of the First DataBank database, we have decided to delay the re-launch of the new site for a short period. Given the vast amount of data we have purchased, there is little chance that we will be able to re-launch with the complete First Databank catalog. Therefore, it is our intention to phase in the re-launch. We will likely unveil the first phase of the new site within a period of weeks. Soon thereafter, we will begin to deploy our new Vitaplanet health modules." About Vitaplanet.com: Vitaplanet.com is a provider of health, beauty and wellness products and health-related services on the World Wide Web. Vitaplanet.com is scheduled to re-launch its flagship Web site in the fall of 1999. The new and improved site is expected to be one of a small number of online pharmacies that can market and sell more than 10,000 prescription pharmaceutical products, infusion services and custom compounding products throughout all 50 states. Some of Vitaplanet's competitors in the online prescription pharmaceutical and content market are; CVS Corporation (NYSE:CVS); drkoop.com Inc. (NASDAQ:KOOP); Drug Emporium Inc. (NASDAQ:DEMP); drugstore.com Inc. (NASDAQ:DSCM); Healtheon Corp. (NASDAQ:HLTH); Longs Drug Store Corp. (NYSE:LDG); OnHealth Network Corp. (NASDAQ:ONHN); Rite Aid Corp. (NYSE:RAD); Walgreen Co. (NYSE:WAG). Vitaplanet.com believes strongly in the future of the Internet and is committed to provide the strongest possible content, to build and maintain relationships with business and with consumers and to fully utilize the Internet as the primary marketing vehicle for its products and services. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). In particular when used in the preceding discussion, the words "plan," "confident that," "believe," "expect," "intend to" and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks. --30--kr/la* mk/la CONTACT: Kaire Holdings Inc., North Hollywood Steve Westlund, 818/255-4996 818/255-4997 (fax) e-mail@vitaplanet.com KEYWORD: CALIFORNIA INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS MEDICINE RETAIL INTERACTIVE/MULTIMEDIA/INTERNET PHARMACEUTICAL Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com