BRLI announces CareEvolve, a business unit to manage its Internet Connectivity Strategy.Business Editors ELMWOOD PARK Elmwood Park, village (1990 pop. 23,206), Cook co., NE Ill., a suburb of Chicago; inc. 1914. It is chiefly residential. , N.J.--(BUSINESS WIRE)--Feb. 10, 2000 BRLI BRLI Bio Rad Laboratories Inc Unveils CareEvolve, An e-Health B-to-B Unit Bio-Reference Laboratories, Inc (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BRLI), announced today that management of its Internet Strategy will be assigned to its new CareEvolve business unit. CareEvolve is a Physician-based business-to-business health portal with a full suite of services and products designed to enable participating physicians to provide &uot;better healthcare through better communications&uot;. CareEvolve is an extension of the Company's ongoing Internet strategy and expands upon the December acquisition of www.DoctorNY.com, a consumer-based health portal serving the New York Metropolitan area New York–Northern New Jersey–Long Island is the most populous metropolitan area in the United States and the third most populous in the world, after Tokyo and Mexico City. . Marc Grodman, M.D., Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of BRLI, stated, &uot;Our vision is to provide physicians with an environment that will enable them to easily transition from current office practices to internet-enabled office practices. The Physicians already know us. We are a clinical laboratory already interwoven in·ter·weave v. in·ter·wove , in·ter·wo·ven , inter·weav·ing, inter·weaves v.tr. 1. To weave together. 2. To blend together; intermix. v.intr. into their office fabric. CareEvolve will provide a comprehensive and universal selection of products and services that will enable the physician to not merely cope with, but to actually embrace, the current evolution of healthcare. CareEvolve will seek to enhance physician-patient and physician-payor electronic communications on a secured basis, including communicating laboratory results, e-mail, prescriptions, payor verification and eligibility, as well as offering other Internet based services to the physician members.&uot; Dr. Grodman continued, &uot;BRLI has now moved substantially into the health information technology arena. Over the past year, we ourselves have been evolving from a transactional laboratory business into an e-health business. Our experience and expertise at delivering clinical lab information to the physician office provides us with the requisite skills and trusted relationship with the physician to make us the ideal partner to introduce appropriate e-health solutions to the physician's office.&uot; For additional information about BRLI, please visit www.bioreference.com, www.doctorny.com, www.drugscreenlab.com, www.drugabusekit.com, www.bio-incubator.com, and www.rightbodyfoods.com. BRLI is a multi-faceted Health Services health services Managed care The benefits covered under a health contract and Information Company as well as the largest regional clinical laboratory in the North East 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. . It has major market positions in physician offices, industry, nursing homes and correctional institutions. Its toxicology division performs employee drug testing for major corporations nationwide, as well as drug treatment centers and psychiatric hospitals. Statements included within this news release that are historical in nature constitute forward-looking statements for the purposes of the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provided by 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. Investors are cautioned that this news release contains certain such forward-looking statements that involve substantial risks and uncertainties. When used, the words &uot;anticipate,&uot; &uot;believe,&uot; &uot;estimate,&uot; &uot;expect&uot; and similar expressions as they relate to the Company or its management are intended to identify such forward-looking statements. The Company's actual results, performance or achievements could differ materially from the results expressed in, or implied by, these forward-looking statements. Further management discussion of risks and uncertainties can be found in the Company's filings with the Securities and Exchange Commission. The Company's common stock is traded on the Nasdaq Small Cap system under the symbol &uot;BRLI.&uot; |
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