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Strategies & Market Trends : e-Commerce the Next 100 Months...... -- Ignore unavailable to you. Want to Upgrade?

To: DWEB IR who wrote (982)	5/18/1998 10:53:00 AM
From: DWEB IR	Respond to of 2882

DynamicWeb Cures Healthcare EDI Coalition's Need For Internet-Based Electronic Commerce Company Offers Internet Catalog Services to Streamline Electronic Communications Between HealthCare Suppliers and Customers FAIRFIELD, N.J., May 18 /PRNewswire/ -- DynamicWeb Enterprises Inc. (OTC Bulletin Board: DWEB - news), an Internet electronic commerce (EC) and electronic data interchange (EDI) software and service provider, today announced that the company has entered a preferred business partnership with the Healthcare EDI Coalition (HEDIC) to promote DynamicWeb's EC and EDI services to its members. The terms of the deal are undisclosed. "The healthcare industry is moving rapidly into a total electronic commerce environment and needs EC providers that have adopted the uniform standards for automated transactions and establishing open electronic communications between all trading partners," said Garren E. Hagemeier, Executive Director of HEDIC. "DynamicWeb's services operate within the adopted HEDIC EDI standards and will enable HEDIC members to quickly and cost- effectively implement an EC initiative or expand existing EC systems to reach more trading partners in the healthcare industry." HEDIC is co-marketing DynamicWeb's EC services to its members in all marketing materials and sponsored events. The partnership supports HEDIC's mission to provide leadership in improving the efficiency of business interaction through the collaborative development and optimization of the EDI/EC infrastructure in the Healthcare industry. As a preferred business partner DynamicWeb supports HEDIC's uniform EC standards and open communications architecture and participates in industry efforts to normalize and expand the use of EC. "HEDIC has established a goal for the healthcare industry to facilitate the electronic interconnection within the trading partner community by Year 2001," said Steve Oakie, Vice President, Sales and Marketing for DynamicWeb. "The partnership between HEDIC and DynamicWeb is a natural fit since our EC Managed Services reduce the costs and complexities of EDI while our Web-based catalog services allow small- to medium-size suppliers and customers to communicate via the Net." About Healthcare EDI Coalition With headquarters in Little Rock, AR, the HEDIC is the national association of electronic trading partners in healthcare who are working together to expand and improve EDI and EC capabilities throughout the industry. Currently with more than 360 members, HEDIC is open to all healthcare providers and their trading partners. HEDIC provider members include all of the major multi-provider groups, as well as hundreds of individual provider facilities. Trading Partner members include healthcare plans, suppliers, data communications services, software developers, consulting services, employers and government agencies. HEDIC is a non-profit association governed by a Board of Directors elected from member organizations. For more information, call HEDIC at 1-800-905-4583 or visit the Web site at hedic.org. About DynamicWeb Enterprises Located in Fairfield, NJ, DynamicWeb Enterprises Inc. is an innovator in developing and marketing EC/EDI software and services. The company uses Internet and EDI technologies to enable companies to maximize the full business potential of electronic commerce by increasing participation and compliance with trading partners. For additional information about DynamicWeb and its products or services visit the DynamicWeb home page at dynamicweb.com, send an e-mail to sales@dynamicweb.com or call 1-800-4-EDI-HELP.