ACCESS HEALTHNET, INC. ENTERS INTO A MARKETING AND DEVELOPMENT ARRANGEMENT WITH CORNING CLINICAL LABORATORIES.WESTLAKE VILLAGE, CALIFORNIA--(BUSINESS WIRE)--JUNE 27, 1995-- ACCESS HEALTHNET, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (Nasdaq NM Symbol: AHNT) announced today that the Company has entered into an agreement in principle with Corning Clinical Laboratories ("CCL 1. CCL - Coral Common LISP. 2. CCL - Computer Control Language. English-like query language based on COLINGO, for IBM 1401 and IBM 1410. "), formerly known as Metpath Clinical Laboratories, a business unit of Corning Life Sciences, 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 Corning Inc. (NYSE NYSE See: New York Stock Exchange Symbol: GLW GLW Glasgow Airport (UK) GLW Gross Laden Weight GLW Good Lady Wife (Australia) ). Under the terms of the agreement, the two companies will work together to address health care market needs for increasingly seamless communication and information exchange across the health care continuum. Access HealthNet, Inc. and Corning Clinical Laboratories will engage in collaborative marketing and development efforts for the Company's RemoteACCESS product line to expand the product functionality, and to offer current and future customers seamless communication with Corning Clinical Laboratories nationwide. Keith Berman, President of ACCESS HealthNet, Inc. stated "Corning Clinical Laboratories is the largest commercial laboratory in the world. With the addition of CCL, Access HealthNet is now working with the largest commercial medical reference laboratories and influential hospitals in the country, providing the Company's products exposure to all entities which comprise the healthcare marketplace. With the assistance of CCL we will improve the development of products and services which meet the needs of these various healthcare providers. Moreover, we will make further announcements regarding this new agreement in the coming weeks." CORNING CLINICAL LABORATORIES is a business unit of Corning Life Sciences, which is a wholly owned subsidiary of Corning Incorporated Corning Incorporated NYSE: GLW is an American manufacturer of glass, ceramics and related materials, primarily for industrial and scientific applications. The company was known until 1989 as Corning Glass Works. . Corning Incorporated is a Fortune 500 company that competes in four market segments: specialty materials, communications, health services health services Managed care The benefits covered under a health contract and consumer products. The company's 1994 sales totaled $4.8 billion. ACCESS HEALTHNET, INC. is a leading provider of healthcare information management and communications systems and services to physician's officer, hospitals, clinical laboratories, HMOs, IPAs, radiology centers and nursing homes. CONTACT: ACCESS HEALTHNET INC. Jim Keegan, Chief Financial Officer 805/373-7007 or LIPPERT/HEILSHORN & ASSOCIATES Michele Fasano, 212/838-3777, ext. 105 |
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