Datalink.net to Acquire Simkin, Inc. Company Expects Meaningful Revenue Impact From
Acquisition
Monday August 14, 7:27 am Eastern Time
SAN JOSE, Calif.--(BUSINESS WIRE)--Aug. 14, 2000--Datalink.net (Nasdaq:XLNK - news) a leading wireless application service provider with patented
technology, today announced a definitive agreement to acquire Simkin, Inc., a data management and decision support provider for the medical community.
Datalink.net's wireless information technology will leverage Simkin's software to revolutionize the use of wireless technology for the healthcare industry.
Simkin founded in 1982, provides pharmaceutical software tools, innovative clinical training, education programs, and cutting-edge outsource development services
to healthcare practitioners. The company's services are designed to improve patient care, decrease healthcare costs, and meet evolving accreditation requirements.
``Simkin's technology will provide the Company with an additional line of strong products that will strategically position Datalink.net in the healthcare market,'' said
Anthony N. LaPine, chairman and CEO. ``Simkin's current revenue stream will also have a positive impact on Datalink.net's future performance.''
Simkin's software is used at over 50 prestigious teaching hospitals in the U.S., including Mayo Clinic, Mount Sinai, and John F. Kennedy to name only a few. Its
software is marketed in Europe by Roche Diagnostics (a division of Hoffman-LaRoche Pharmaceuticals) and Dade Behring (the largest clinical laboratory company
in the world). The software is currently in use at over 900 hospitals in the U.S. and over 100 in Europe and Asia.
``We are very excited about taking our medical software from the desktop and putting it into the palms of clinicians at the point of patient care,'' said Dr. J. Daniel
Robinson, President and CEO of Simkin, Inc. ``Datalink.net provides a tremendous platform from which we can build wireless products which insure optimal patient
care through improved prescribing, tailored drug dosage regimens, drug interaction safety checks, laboratory monitoring, patient notes, on-line medical news, and
continuing education for practitioners and patients.''
Datalink.net -- Where the Web Meets Wireless
Datalink.net is a leading wireless application service provider (w-ASP) that delivers end-to-end wireless data solutions to enterprises and custom data applications to
their customers. As today's premier provider of consumer wireless data, and the first to deliver real-time wireless financial information, Datalink.net pioneered the
development of wireless information technology. Today, Datalink.net enables a new generation of wireless devices that allow enterprises and consumers to
customize, respond, and interact with critical data. Its XpressLink technology processes high-speed data content feeds or corporate databases for wireless
applications that are compatible with the entire range of wireless devices, networks and protocols.
Founded in 1993, Datalink.net is based in San Jose, Calif. with research facilities in Vancouver, British Columbia. For more information: datalink.net.
About Simkin, Inc.
Since 1982 Simkin, Inc., a Florida based corporation, has developed state-of-the-art decision support software tools, innovative computer assisted education
programs and cutting-edge outsource development services for the pharmaceutical, clinical laboratory, and medical community. Simkin's mission is to assist health
care practitioners provide improved patient care, decrease healthcare costs, and meet evolving accreditation requirements.
Simkin, Inc. assembles teams of medical experts to assess clinician needs, designs application prototypes, and conducts pre-market clinical software trials. This
results in tools and training services that guide clinical decision-making and provide feedback to the medical professions and their management leaders. Simkin, Inc.
provides desktop, laptop, handheld, and wireless palmtop healthcare systems that are interactive with the Internet.
This release contains forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. Although the Company
believes that the expectations reflected in the forward-looking statements and assumptions upon which forward-looking statements are based are reasonable it can
give no assurance that such expectations and assumptions will prove to have been correct.
Contact:
Datalink.net
Jesmine Peirce, 408/367-1724
Mobile - 408/314-3805
or
Shandwick International Public Relations
Greg Cross, 650/532-4078
Main - 650/532-4000
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