To: SMALL FRY who wrote (82759 ) 2/13/2000 7:21:00 AM From: nokomis Read Replies (1) | Respond to of 120523
SF - will be happy to lend you some moolah, just as soon as KOOP gets taken out! I have to believe this healthcare portal, now swimming in international waters, has to to be a very attractive acqusition target for the likes of an AOL or Yahoo: News Story KOOP - NASDAQ /FROM PR NEWSWIRE DALLAS 888-776-3971/ TO BUSINESS, MEDICAL AND TECHNOLOGY EDITORS: The drkoop.com Network Signs First International Affiliate Multi-Million Dollar Alliance With Australia's Medweb Vaults drkoop.com Into International Arena AUSTIN, Texas, Feb. 8 /PRNewswire/ -- Just weeks after announcing a strategy to take its leading healthcare Network to international markets, drkoop.com (Nasdaq: KOOP), today announced it signed its first international partner alliance with Medweb Limited, an Australian company developing an internet site for physician and consumer healthcare information. Under the multi-million dollar agreement, drkoop.com will provide content and consulting services enabling Medweb to provide a localized custom consumer site for the Australian and New Zealand marketplace. In addition, drkoop.com will provide Medweb with the technology to host and conduct community chat rooms. "Our alliance allows Medweb to offer its users the trusted content and community network of drkoop.com," said Donald Hackett, president and CEO of drkoop.com. "With Medweb, drkoop.com begins creating its international network, building on the same network concept that has been so successful in the U.S.A. It also allows consumer to take better control of their healthcare to the Australian and New Zealand markets." "Australia is a very compelling market for us right now," added Paul Johnson, executive vice president of international operations for drkoop.com. "The home PC penetration in Australia is nearly 43%, almost the same as the U.S. Combine that with the need for trusted healthcare information, and we believe we have tapped a market with enormous potential." Also as part of the agreement, Medweb will provide certain Australian content to drkoop.com for use on its U.S. site. Medweb, which is poised to launch its site for healthcare professionals and consumers in 2Q, 2000, is associated with the Bongiorno Group, a thirty- five year old company dedicated to being the leading provider of financial services to healthcare professionals in Australia. "We are extremely pleased to be partnering with drkoop.com," said Joe Bongiorno, director for Medweb. "This is a partnership in the truest sense of the word -- our consumers get drkoop.com's trusted content, while drkoop.com's American site will be enhanced by state-of-the-art content from around the world, bringing a truly unique experience to the consumer." About drkoop.com The Company operates www.drkoop.com, a leading global healthcare portal and new media Network that delivers trusted medical and health information to consumers worldwide. Built from relationships with other Web sites, healthcare portals and traditional media outlets, the drkoop.com Network integrates dynamic healthcare content from trusted sources on a wide variety of subjects, interactive communities and tools as well as opportunities to purchase healthcare-related products and services online. drkoop.com is the exclusive provider of health and related content on three Web sites of the GO Network and is the premier health content provider for GO's ABCNEWS.com and five AOL brands, including the AOL Service. Additional information on drkoop.com can be found at drkoop.com . About Medweb Medweb Limited (ACN 088 138 658) is a recently formed unlisted public Australian company formed to provide via its License with drkoop.com trusted medical and health information to health professionals and the consumer market throughout Australia and New Zealand. The company has a close relationship with the Bongiorno Group of Financial Planning entities, which in turn have a close and continuing relationship with the Medical, Dental and Pharmacy professions which has developed over its thirty five years in business. The relationship between Medweb and drkoop.com, a leading global healthcare portal will provide access for the public to reliable up to date health information based on drkoop.com internet services. Medweb will also provide the Medical profession and other health professions with up to date reliable information and services, including practice management facilities and integration of professional practice into the internet world. This document may contain forward-looking statements relating to, among other things, growth plans, future results of operations and general business conditions relating to drkoop.com. These forward-looking statements are based largely on our current expectations and are subject to risks and uncertainties. Actual results could differ materially from these forward- looking statements depending on changes in external competitive market factors, the effectiveness of our marketing and promotion strategies or our ability to execute our business strategy. These matters and other business risks to which drkoop.com is subject are discussed in our periodic reports and registration statements filed from time to time with the Securities and Exchange Commission. SOURCE drkoop.com /CONTACT: Laura Hicks of drkoop.com, 512-583-5276/ /Web site: drkoop.com