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Non-Tech : pamc -- Ignore unavailable to you. Want to Upgrade?


To: port_mgr who wrote (85)11/2/1998 3:31:00 PM
From: Steven M. Kaplan  Read Replies (1) | Respond to of 570
 
Provident American Corporation Announces Nasdaq to Re-List Company On National Market

NORRISTOWN, Pa.--(BUSINESS WIRE)--Nov. 2, 1998--Provident American Corporation (PAMC) today announced that Nasdaq will re-list the Company on its National Market. The Company said it expects the re-listing to be effective at the opening on Wednesday, November 4, 1998.

The Provident American Corporation is an insurance holding company specializing in the marketing of managed-care health insurance through the underwriting of unique, affordable health care and life policies to individuals and small businesses, a $75 billion annual premium market.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements made by the Company which are not historical facts may be considered forward-looking statements, including, without limitation, statements as to trends, management's beliefs, expectations and opinions, which are based upon a number of assumptions concerning future conditions that ultimately may prove to be inaccurate. Such forward-looking statements are subject to risks and uncertainties and may be affected by various factors which may cause actual results to differ materially from those in the forward-looking statements. For further information which could cause actual results to differ from the Company's expectations as well as other factors which could affect the Company's financial statements, please refer to the Company's reports filed with the Securities and Exchange Commission.

CONTACT:

Deidre Holt

HealthAxis.com

610/275-3800

deidreh@earthlink.net