KCSA
PUBLIC RELATIONS
WORLDWIDE NEWS
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Public & Investor Relations, Corporate & Marketing Communciations
FOR: MEDIX RESOURCES, INC.
CONTACT: John R. Prufeta, President and CEO
(212) 697-2509
(212) 681-9817 (fax)
[email protected]
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KCSA Sarah Shepard / Elena Bonaiuto
CONTACTS: (212) 896-1236 / (212) 896-1233
(212) 697-0910 (fax)
[email protected] / [email protected]
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www.kcsa.com
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FOR IMMEDIATE RELEASE
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Medix Resources To Hold Its First Annual Healthcare Internet Conference On
Connectivity At Lake Tahoe
- - - - -
Co-Sponsored With Wellpoint Pharmacy Management
NEW YORK, August 15, 2000 - Medix Resources, Inc. (AMEX: MXR) today announced
that it will sponsor its first Annual Tahoe Summit on Healthcare Internet
Connectivity at Lake Tahoe, California in September.
The Summit will be co-sponsored by WellPoint Pharmacy Management (WPM)
(NYSE:WLP), a subsidiary of WellPoint Health Networks Inc. and is being held at
the Embassy Suites Resort Lake Tahoe from September 21-23, 2000. The Summit will
bring together leading healthcare professionals to discuss important industry
trends and early results. The goal is to provide a forum to freely exchange
results, ideas and to collaborate on building awareness of key developments
within the Healthcare Internet industry.
Attending the Summit will be senior executives from a variety of
healthcare insurers, providers, and service companies. This conference will
allow healthcare executives to explore new opportunities, share ideas and
solutions offered by the Internet for the healthcare marketplace.
John R. Prufeta, President and Chief Executive Officer of Medix Resources,
said, "This conference will be beneficial in creating awareness of the
challenges and opportunities within the Internet Healthcare sector and will help
to position Medix as a recognized leader and innovator for Internet Healthcare
solutions. Medix is committed to advancing the Healthcare industry's knowledge
of the many benefits of employing the Internet as a means to reduce
waste,improve clinical outcomes and improve relations through effective
communication between Healthcare participants."
Mr. Prufeta added, "The unique opportunity to co-sponsor this very
important and timely summit with an industry leader such as WellPoint Pharmacy
Management, should assure us of an exciting meeting and lead to the advancement
of this vital industry at a critical stage in its development."
800 Second Avenue Tel 212 682 6300 E-mail [email protected]
New York, NY 10017 Fax 212 697 0910 www.kcsa.com
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About Medix Resources, Inc.
Medix Resources, Inc. through its wholly owned subsidiary Cymedix Lynx
Corporation is the developer and provider of the Cymedix.com(R) suite of
fully-secure, patented Internet based software products, that allow
instantaneous communication of high value added healthcare information among
doctor offices, hospitals, health management organizations and insurance
companies. Additional information about Medix Resources and its products and
services can be found by visiting its Web sites, www.medixresources.com and
www.cymedix.com, or by calling (800) 326-8773.
About WellPoint Pharmacy Management
WellPoint Pharmacy Management is the nation's leading health plan-owned
pharmacy benefit management company serving approximately 22 million lives.
WellPoint Pharmacy Management is the trade name of Professional Claim Services
Inc., a wholly owned subsidiary of WellPoint Health Networks Inc. (NYSE:WLP).
With complete pharmacy benefit management services for employers and health
plans nationwide, WellPoint Pharmacy Management's products include, clinical
management programs, drug formulary management, claims processing, benefit
design consultation, pharmacy network management, local network contract
development, manufacturer discount programs, prescription drug databases and
utilization management. Additional information on WellPoint Pharmacy Management
can be found online at www.wellpointrx.com, or by calling (800) 451-0433.
# # #
Information in this press release contains forward-looking statements that
involve risks and uncertainties that might adversely affect the Company's
operating results in the future to a material degree. Such risks and
uncertainties include, without limitation, the ability of the Company to raise
capital to finance the development of its software products, the effectiveness
and the marketability of those products, the ability of the Company to protect
its proprietary information, and the establishment of an efficient corporate
operating structure as the Company grows. These and other risks and
uncertainties are presented in detail in the Company's Form 10-KSB for 1999,and
its Form 10-QSB for the second quarter of 2000, which were filed with the
Securities and Exchange Commission on March 30, 2000, and August 10, 2000,
respectively. This information is available from the SEC or the Company.
This press release and prior releases are available on the KCSA Public
Relations Worldwide Web site at www.kcsa.com
