To: tb who wrote (316 ) 4/1/1999 12:42:00 PM From: Scott R. Harwood Respond to of 498
NEWS! (COMTEX) B: THE HEALTH CHANNEL(TM) STRIKES GOLD B: THE HEALTH CHANNEL(TM) STRIKES GOLD SAN FRANCISCO, April 1 /PRNewswire/ -- THE HEALTH CHANNEL opens with a splash today as BIOLOGIX (OTC Bulletin Board: BGIX) producers set a new standard for Internet healthcare portals. Following a successful pilot test throughout the latter half of 1998, THE HEALTH CHANNEL has returned to the worldwide web with a dramatic array of new product and service offerings. Sporting a new and improved look, as well as flexing the muscle of strategic partnerships with several of the industry's leading new media players, THE HEALTH CHANNEL has now established a foothold on its claim to be the Internet's most comprehensive, entertaining and innovative healthcare supersite. THC's main portal, thehealthchannel.com, currently indexes over 2.8 million other Internet health and health-related sites, has direct links with in excess of 1700 on-line healthcare information service centers, provides detailed coverage of nearly 700 medical conditions, and is itself nearly 250,000 web pages in size; establishing THC Version 1999 as the largest and most comprehensive amongst all healthcare information, product and service competitors on the web today. Company Chairman and CEO, Michael Grandon, states that: "We are in the midst of a revolution in the world of healthcare. This is all about choice, convenience and confidence. We hope to help put the power over health and well-being back into the hands of individual consumers and their trusted advisors." Not only does thehealthchannel.com empower the visitor to find out nearly everything imaginable about healthcare, but the site is also fun to use. Consumer tests have already shown particular fascination with the "Program Guide(TM)," as a single-point-of-access to health-related radio and television personalities, and with "Virtucare(TM)," the channel's doorway to the emerging world of health and virtual reality. The announcement also comes as The HEALTH CHANNEL and BIOLOGIX are finalizing their merger in order to enter the increasingly hot IPO market for Internet content providers. Santa Clara-based Healtheon Corporation (healtheon.com) completed a $40 Million IPO in February, and trades at $28 per share. Seattle-based OnHealth (onhealth.com) currently trades at about $12 per share. Further announcements are expected about the merger and upcoming new product features. More information can also be obtained on the worldwide web at: thehealthchannel.com and biologix.net. SOURCE BIOLOGIX International, Ltd. -0- 04/01/99 /CONTACT: Michael Grandon of BIOLOGIX International, Ltd., 415-388-1551/ /Web site: thehealthchannel.com /Web site: biologix.net (BGIX) CO: BIOLOGIX International, Ltd.; THE HEALTH CHANNEL ST: California IN: MLM MTC HEA SU: *** end of story ***