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To: Brett Fleischman who wrote (20759)	5/22/1998 11:15:00 AM
From: Mike Boiko	Read Replies (1) \| Respond to of 34592

Quigley (QGLY) Announces deal with Yahoo...!!! Quigley Corporation Announces Marketing Partnership With Yahoo! Inc. For World-Wide Launch of COLD-EEZE(R) DOYLESTOWN, Pa., May 22 /PRNewswire/ -- The Quigley Corporation (Nasdaq: QGLY - news) today announced that is has agreed to a marketing partnership with Yahoo! Inc. (Nasdaq: YHOO - news) for an advertising program to launch world- wide sales of its patented COLD-EEZER PLUS(TM) cold relief lozenge product. The announcement was made last evening at a securities industry update meeting held by the Company at Madison Square Garden in New York, where the Company is the national sponsor for the Garden's production of ''The Wizard of Oz.'' COLD-EEZER PLUS(TM) is a version of the Company's COLD-EEZE(R) lozenge which is offered in a family-size package and is designed for cold and allergy relief. The product will be sold via the Internet at an established unit price of $19.95. This will include world-wide delivery provided by U.S. Postal Service Global Priority Mail. The Internet marketing program will feature on-line shopping and an advertising banner on the popular Yahoo! search engine as well as a secure credit card ordering system. The program will be launched in approximately forty-five days. ''The launch of a comprehensive Internet sales program and our marketing partnership with Yahoo! will give us immediate access to millions of international customers in countries where we currently have no distribution of COLD-EEZE(R). Many of these potential customers currently e-mail the Company with purchase requests,'' said Company Chairman Guy J. Quigley. ''This advertising will begin to establish the same consumer awareness of the COLD-EEZE(R) brand which we have in the United States, throughout the world,'' Mr. Quigley added. Certain statements in this press release are ''forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1995 and involve known and unknown risk, uncertainties and other factors that may cause the Company's actual results, performance or achievements to be materially different from the results, performance or achievements expressed or implied by the forward-looking statement. Factors that impact such forward-looking statements include, among others, changes in worldwide general economic conditions, changes in interest rates, government regulations, and worldwide competition. The Quigley Corporation is the maker of COLD-EEZE(R), the only zinc gluconate glycine (ZIGG(TM)) lozenge proven in two double blind studies to reduce the duration and severity of the common cold symptoms. SOURCE: Quigley Corporation