PLRX. New alliance. Hope springs eternal. Russ
Thursday April 6, 7:30 am Eastern Time
Company Press Release
SOURCE: PlanetRx.com, Inc.
PlanetRx.com Named Exclusive Pharmacy of BabyCenter.com
BabyCenter.com to Offer PlanetRx.com Pharmacy Services to Customers
SOUTH SAN FRANCISCO, Calif., April 6 /PRNewswire/ -- PlanetRx.com (www.PlanetRx.com; Nasdaq: PLRX - news),
a leading Internet healthcare destination for commerce, content and community, today announced that it will be the exclusive online pharmacy partner of BabyCenter.com (www.babycenter.com), one of the Web's most complete sources of information, support, and products for new and expectant parents. The integrated partnership, which is scheduled to begin in May 2000, makes PlanetRx.com the first company that is not focused on baby-related products and services to partner with the BabyCenter Store.
Under the terms of the agreement, BabyCenter will promote PlanetRx.com's products, information, and support services
throughout the BabyCenter.com website, as well as through advertising and online marketing efforts. In addition, PlanetRx.com will offer BabyCenter.com customers special offers and discounts.
``Our partnership with BabyCenter.com is ideal for busy moms and dads who want to spend more time with their children and
less time shopping,' said William J. Razzouk, chairman and CEO of PlanetRx.com. ``The relationship between
BabyCenter.com and PlanetRx.com provides consumers with the best healthcare products and services available on the
Internet.'
Parents at BabyCenter.com will have access to PlanetRx.com's complete online pharmacy and over 28,000 health and beauty
products.
``BabyCenter.com is pleased to announce PlanetRx.com as our exclusive store partner for prescriptions and health products,' said Mari Baker, general manager of BabyCenter.com. ``BabyCenter.com has become the largest parenting site on the Web by providing the highest-quality and most complete resource for pregnant moms and new parents and has found a perfect partner in PlanetRx.com with their commitment to offering the best shopping experience on the Internet.'
About PlanetRx.com
PlanetRx.com, Inc. (www.planetrx.com) a leading Internet healthcare destination for commerce, content, and community,
delivers a convenient, personalized, and informed health and beauty shopping experience. With products ranging from
prescriptions to personal care items to the latest medical information, PlanetRx.com gives consumers the ability to manage their own healthcare in a convenient and secure environment. PlanetRx.com is one of five online pharmacies to have received the Verified Internet Pharmacy Practice Sites (VIPPS) seal of approval from The National Association of Boards of Pharmacy (NABP). Headquartered in South San Francisco, Calif., the company operates its own pharmacy and distribution center in Memphis, Tenn., to ensure the highest quality customer care.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended, including statements regarding PlanetRx.com's expectations, beliefs, intentions, or strategies regarding the future. All forward-looking statements included in this document are based upon information available to PlanetRx.com as of the date hereof, and PlanetRx.com assumes no obligation to update any such forward-looking statements. Forward-looking statements involve risks and uncertainties, which could cause actual results to differ materially from those projected. These and other risks relating to PlanetRx.com's business are set forth in PlanetRx.com's Form S-1, as
amended and filed with the Securities and Exchange Commission on July 8, 1999, and the other reports filed from time to time with the Securities and Exchange Commission. The condensed consolidated statements of operations and balance sheets in such reports are an integral part of this announcement. Nothing can or should be inferred about PlanetRx.com's future revenues or financial results from the information contained in this press release.
About BabyCenter
Based in San Francisco, BabyCenter (www.babycenter.com) is the leading parenting site on the Internet. As a two-time
Webby winner, BabyCenter's content site provides high-quality information from preconception to age three. The company also won the GII Award for Best Health site in 1999 and operates an online store offering thousands of baby products and supplies.
PlanetRx.com Press Contact:
Ruben Osorio, Niehaus Ryan Wong, Inc., 650-827-7039, ruben@nrwpr.com
SOURCE: PlanetRx.com, Inc. |
