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Biotech / Medical : Stayhealthy.com: Monitoring your wellness on the Web -- Ignore unavailable to you. Want to Upgrade?

To: george eberting who wrote (1032)	12/3/2000 11:55:35 PM
From: Eric Fader	Respond to of 3785

George, great find. I never heard of HealtheTech or their device, and I agree that it does sound interesting and maybe they'll be a worthy competitor for Stayhealthy (although the out-of-date "upcoming events" on their Web site suggests that they may have had some recent staffing and/or financial problems). As far as Ted's comment is concerned, I also agree that they're a possible acquisition or strategic partner for Stay. Stay management reads this thread and I'm certain they'll be checking HealtheTech out, if they aren't already familiar with them. I predict we'll see a lot of consolidation in this area over the next year, at any rate. -Eric

To: george eberting who wrote (1032)	12/5/2000 10:36:12 AM
From: Eric Fader	Read Replies (1) \| Respond to of 3785

Hey look, they got another investment - from a very logical and credible source: Monday December 4, 3:00 pm Eastern Time Press Release SOURCE: Palm, Inc. Palm Ventures Invests in Personal Health Technology Company Investment in HealtheTech Will Stimulate Emerging Market of Personalized Health Management SANTA CLARA, Calif., Dec. 4 /PRNewswire/ -- Palm, Inc. (Nasdaq: PALM - news), the world's leading provider of handheld computers, today announced that Palm Ventures, its strategic venture investment group, has made an investment in personal-health-technology company HealtheTech, Inc. Armed with an initial $50 million, Palm Ventures was formed in September with a primary charter of making strategic investments in companies that will accelerate the Palm Economy. This announcement marks the first investment made in the healthcare market by Palm Ventures. HealtheTech offers a suite of products using Palm Powered(TM) handheld computers designed to help customers achieve their health goals by giving them the ability to easily and conveniently monitor and track critical health factors, such as food consumption and exercise levels. ``HealtheTech fits the ideal profile in our strategy of investing in companies that can grow, enhance and support the Palm Economy and expand the overall market for Palm and its more than 125,000 developers and solution partners,'' said Robert Hayes, director of Palm Ventures. ``By giving individuals the ability to manage their personal health, HealtheTech will help develop a burgeoning new market with tremendous benefit for health-conscious consumers everywhere.'' Companies funded by Palm Ventures will have a unique opportunity to work with Palm and leverage the resources and business opportunities that Palm has to offer. Palm and HealtheTech expect to collaborate further to offer products tailored for the individual health and fitness marketplace. More information on Palm Ventures is available at palm.com . About HealtheTech, Inc. Headquartered in Golden, Colorado, HealtheTech Inc. is the leading innovator of a new category of consumer health monitoring devices, disposables, software and services that allow individuals to measure and monitor personal health parameters. Customers can use these tools to more effectively reach and maintain their individual health and fitness goals. HealtheTech is rendering these patented consumer health monitoring systems and interactive web-services in the areas of weight management, diabetes, asthma, fitness and nutrition via personal digital assistants, desktop computers and the Internet. HealtheTech's strategic partners include Fortune 500 consumer products, health, fitness, and electronics companies. For more information, please visit www.healthetech.com. About Palm, Inc. Palm, Inc. is a pioneer in the field of mobile and wireless Internet solutions and a leading provider of handheld computers (source: IDC, December 1999). Based on the Palm OS® platform, Palm's handheld solutions allow people to carry and access their most critical information with them wherever they go. Palm(TM) handhelds address the needs of individuals, enterprises and educational institutions through thousands of application solutions. The Palm OS platform is also the foundation for products from Palm's licensees and strategic partners, such as Cresenda Wireless; ePocrates, Inc.; Franklin Covey; Handspring; IBM; Sony; Symbol Technologies; and TRG. Platform licensees also include Kyocera and Nokia. Palm went public on March 2, 2000. Its stock is traded on the Nasdaq national market under the symbol PALM. More information is available at www.palm.com.