1stinhealth.com Announces Successful Completion of Benefit Program Offerings at ChemRX and Kuman, USA.Business Editors & Health/High-Tech Writers ADDISON, Texas Addison is a city in Dallas County, Texas (USA). The population was 14,166 at the 2000 census. Addison is a northern suburb of Dallas. The city calls itself the Town of Addison but it is incorporated as a city. and HASBROUCK HEIGHTS Hasbrouck Heights (hăz`br k), borough (1990 pop. 11,488), Bergen co., NE N.J., a residential suburb adjoining Hackensack; settled c.1685, inc. 1894. , N.J.--(BUSINESS WIRE)--Feb. 28, 2000 1stinhealth.com, who as agreed to be acquired by CBQ See traffic engineering methods. , Inc. The E-Business Marketplace (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CBQI), announced today that it has completed its initial round of offerings at Kuman, USA and ChemRX with a high degree of employee acceptance and success. Kuman, USA, a New Jersey based learning center corporation with over two thousand (2000) employees in learning centers throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , and ChemRX, a New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of based nursing home pharmacy provider with over two hundred (200) employees, offered the 1stinhealth Benefit Program to their employees in an initial enrollment period that began in December 1999. To date over thirty-eight percent (38%) of the employees offered the 1stinhealth Benefit Program have enrolled. 1stinhealth is currently enrolling employees, association members, and union members at over sixty-five (65) companies, associations, and unions. 1stinhealth will offer its program to over 2,000,000 people before the end of 2000. 1stinhealth.com, Inc., is involved in negotiations that will add an additional forty-three thousand (43,000) providers in the New York, New Jersey, and Connecticut region and over one hundred thousand (1000,000) providers in sixteen (16) southern states Southern States U.S. Confederacy government of 11 Southern states that left the Union in 1860. [Am. Hist.: EB, III: 73] Dixie popular name for Southern states in U.S. and for song. [Am. Hist. . These providers will add to the over five hundred thousand (500,000) participating providers that 1stinhealth.com, Inc. has under contract nationwide. 1stinhealth expects to conclude these negotiations in early March 2000. "Our offerings have been successful because of the enthusiasm of corporate managers for the 1stinhealth Benefit Program and the high quality of communication between management, employees, and 1stinhealth," said Michael P. Jasien, Vice President, 1stinhealth. "We expect the level of employee participation to steadily increase as word of mouth endorsements of the Program occur and employees experience positive results with the 1stinhealth Preferred Price Advantage(R)." "CBQ is committed to making better healthcare available to more Americans at better prices," said Bart S. Fisher, Chairman, CBQ, Inc. "The Internet E-Business capabilities of CBQ will allow 1stinhealth to maximize its potential revenue streams." For more information about 1stinhealth.com or to signup on the web, visit www.1stinhealth.com. About 1stinhealth.com, Inc. 1stinhealth.com has assembled over 500,000 nationwide health, nutrition, and fitness providers including 275,000 doctors, hospitals, and medical professionals, 14,500 retail optical locations, 40,000 alternative medicine providers, 28,000 dentists, 7,000 plastic surgeons and dermatologists, and tens of thousand of other health, nutrition and fitness professionals and merchants. These providers of health, nutrition and fitness goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. accept the 1stinhealth card as payment for their goods and services from 1stinhealth members. The 1stinhealth benefit program is not insurance, but a complement to ALL existing types of insurance programs and enables its card members to receive a Preferred Price Advantage(R) at Participating Providers. The eight benefit programs offered by 1stinhealth(R) include: Total Medical, RxPlus, Vision, Dental, Mental Health, Alternative Medicine, Cosmetic & Beauty, and Fitness. About CBQ CBQ, Inc. The E-Business Marketplace is a total end-to-end provider for implementing customer driven e-business solutions. Through its subsidiaries, Reliance Technologies, Inc. and Priority One Electronic Commerce Corp. it can design, implement, host, build traffic and process payments for its customer's e-business initiatives. ChinaSoft, Inc. is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of CBQ, Inc., that is a joint-venture partner with CCSoft Technology Developing, Ltd. (formerly, Beijing Zhongruan Zhixun Technology Developing Co.). Services include Software Development services for Enterprise computing Refers to information technology in the larger company. See enterprise data and enterprise networking. , and Internet Development Services. For more information about CCSoft, visit www.ccsoft.com.cn. China Partners, Inc. is a wholly owned subsidiary of CBQ, Inc. Its primary focus is facilitating trade and investment opportunities between U.S. and Chinese companies Chinese owned companies can be defined as enterprises within mainland China, Hong Kong, Macau and the Republic of China (Taiwan):
CBQcare.net, provides a Web-based health care management system with applications such as practice management software for patient scheduling, referrals, messaging, charting, insurance claim generation, prescription and formulary formulary /for·mu·lary/ (for´mu-lar?e) a collection of recipes, formulas, and prescriptions. National Formulary see under N. for·mu·lar·y n. management. For more information, visit www.cbq.com This news release includes forward-looking statements related to CBQ Inc. that involve risks and uncertainties, including, but not limited to, quarterly fluctuations in results, the management of growth, market acceptance of certain products and other risks. These forward-looking statements are made in reliance on the "safe-harbor" provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. For further information about these factors that could affect CBQ's future results, see the company's filings with the Securities and Exchange Commission (the "Commission"). Prospective investors are cautioned that forward-looking statements are not guarantees of future performance. Actual results may differ materially from management expectations. |
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