UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report: March 2, 2000
Medix Resources, Inc.
(Exact name of registrant as specified in its charter)
Colorado 0-24768 84-1123311
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
7100 E. Belleview Avenue, Englewood, CO 80111
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (303) 741-2045
None
(Former name or former address, if changes since last report)
Item 5. Other Events. Press release announcing
The appointment of a Senior Vice President and Director
of Mergers and Acquisitions.
<PAGE>
Exhibits
Exhibit 99.1 Press release dated March 2, 2000 announcing the appointment of a
Senior Vice President and Director of Mergers and Acquisitions.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
MEDIX RESOURCES, INC.
Date: April 3, 2000 By: /s/ David Kinsella
David Kinsella
Secretary and Controller
R O B I N S C H O E N P U B L I C R E L A T I O N S
526 Penn Street Newtown, PA 18940 t: 215/504-2122 f: 215/504-2123
e-m: [email protected]
FOR IMMEDIATE RELEASE
March 2, 2000
MEDIX NAMES SENIOR VICE PRESIDENT/DIRECTOR OF
MERGERS & ACQUISITIONS
New Position Strengthens iHealth Software Provider's Competitive
Position
Denver, CO -- John Prufeta, CEO of Medix Resources, Inc. [OTCBB:MDIX], today
announced that Michael Knepper, 36, has been named senior vice president and
director of mergers and acquisitions. Most recently, Knepper was vice president
of health technology research at Punk Ziegel & Co., a New York-based investment
banking firm. Medix provides Internet-based healthcare communication, data
integration, and transaction processing software through its Cymedix.com product
line.
In this new position, Knepper will identify merger, acquisition, strategic
alliance, and joint venture candidates. Additionally he will manage the
Company's Wall Street relationships and work closely with CEO Prufeta.
"We are delighted to have Mike join our management team," stated Prufeta. "We
are extremely confident that he will add significantly to Medix's mission of
providing high value-added connectivity solutions to the healthcare industry".
"I'm thrilled to have this opportunity to help Medix continue its growth in one
of the most dynamic and largest vertical markets," stated Knepper,
As vice president of health technology research for Punk, Ziegel, Knepper was
responsible for re-building the firm's healthcare technology investment
franchise. Prior to joining Punk, Ziegel in 1997, he was a research analyst at
Volpe Brown Whelan & Co. in San Francisco. Earlier, Knepper held positions as
senior software engineer at TRW; product support engineer at Verdix Corporation;
and software engineer at Honeywell Federal Systems. Knepper holds an MBA in
Finance from Columbia University and an AB in Computer Science from Brown
University.
Denver-based Medix Resources, through Cymedix Lynx Corporation, offers
Cymedix.com, a suite of fully-secure, patented Internet communications software
products, to the healthcare industry. 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.
# # #
"Safe Harbor" statement under the Private Securities Litigation Reform Act of
1995: The statements contained in this release, which are not historical facts,
contain forward-looking information with respect to plans, projections and/or
future performance of the Company, the occurrence of which involve certain risks
and uncertainties detailed in the Company's Form 10-KSB/A for 1998, which was
filed with the Securities and Exchange Commission on July 23, 1999, and its 1999
third quarter Form 10-QSB, which was filed with the Securities and Exchange
Commission on November 10, 1999. This information is available from the SEC or
the Company.
Contacts: General and Press Inquiries Investor Inquiries
----------------------------- -------------------
Robin Schoen Josh Golomb
Robin Schoen Public Relations SmallCaps Online Communications
215/504-2122 212/554-4158
