COi Solutions, Inc.: AXA Courtage Ready to Underwrite TeleMedica's Medical Insurance Plans.Business Editors LAS VEGAS--(BUSINESS WIRE)--Jan. 16, 2001 The World's Top Insurer Endorses COi Subsidiary Products & Strategy COi Solutions, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :COSL COSL Complementary Output Switching Logic COSL Chemistry Operations Support Laboratory (Rocky Flats) COSL Certificate of Safe Load COSL Commander, Oceanographic Systems, Atlantic ) on behalf of its subsidiary, TeleMedica Insurance Management (TIM TIM Timothy TIM Technical Interchange Meeting TIM Transient Intermodulation Distortion TIM Time Is Money TIM The Invisible Man (movie) TIM Telecom Italia Mobile (Italian cellular provider) ), is pleased to announce that AXA AXA Anguilla, Anguilla (Airport Code) AXA Alpha Chi Alpha AXA Animal Crossing Ahead (online forum community/guide to the game Animal Crossing) AXA Auxiliary Artery Courtage has certified that it is ready to underwrite a TIM-branded family of worldwide medical insurance plans targeted to expatriates. In addition to underwriting the company's health insurance products, AXA Courtage has confirmed that local administration and claims will be managed by Paris-based European Benefits Administrators (EBA EBA Eisenbahn-Bundesamt (German) EBA Euro Banking Association EBA Emergency Brake Assistance EBA Enterprise Bargaining Agreement (Australia) EBA Elite Beat Agents (video game) ). Working with AXA Courtage and TIM, EBA was instrumental in preparing the plan design. EBA is a well-respected global claims management company with over 12 years experience in the industry. In addition, AXA Worldwide Assistance with its 35 assistance centers in 35 countries will provide services in 24 languages. "We see this collaboration between AXA, EBA and TIM as a tremendous endorsement of our e-healthcare strategy and our innovative approach to the provision of health insurance to expatriates," said Robert Jones Robert Jones may refer to
AXA is the largest health insurance provider in the world. Based in Paris, France, the company reports a worldwide customer-base of 40 million and a workforce of 140,000 people in more than 60 countries. AXA is squarely focused on one business: financial protection, in particular insurance and asset management. In every market that AXA operates, its one goal is to set the standard worldwide in its industry. "We are very excited to have AXA Courtage and European Benefits as our global insurance partners," said David Green, president of the TeleMedica Insurance Management business unit. "The strength and experience of these two players combined with TIM's broker distribution network, strategic alliances, highly responsive products and electronic delivery strategy is certain to place the company in a very competitive position." Plan refinements and collateral preparation are in progress. The suite of worldwide health insurance plans is anticipated to launch at the beginning of February, with full electronic selection, purchase and fulfillment available via the worldwide web at a later date. About COi Solutions, Inc. COi Solutions Inc. (COSL), a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. , builds electronic business solutions for global organizations based on a 'community of interest' principle. COi's prime focus is working with start-up companies to create totally integrated electronic solutions, combining strategic business, marketing and investment planning with high technologies, including the Internet and private intranets. The company recently announced its decision to concentrate on the delivery of health products and services using technology and has acquired a majority stake in the TeleMedica Group (TMG TMG - TransMoGrifier. An early language for writing recursive descent compilers. It was macroed from the IBM 1604 to the IBM 709 to the IBM 7094 to the GE-635, where it was used by McIlroy and Morris to write the EPL compiler for Multics. ) to accelerate its mission. TMG, a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. based in Nevada, was incorporated in 1997 to provide global electronic healthcare services via the Internet. COi has been under contract with TMG for the past year to build the company, including its business plan, operations and e-commerce strategy. TMG is building upon long established practices and looking at exciting, innovative ways to transform the face of global healthcare by providing a range of services via Internet technologies. The sale of health insurance through the TeleMedica Insurance Management (TIM) business unit is the first initiative of TMG. Visit TMG at http://www.telemedicagroup.com. For the latest news about the company, visit us at http://www.coisolutions.com or contact Bob Grundstrom at de Jong & Associates (818) 991-5517 www.dejong.org. This release contains forward-looking statements that are made pursuant to 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. provisions of the Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995. Forward-looking statements involve the known and unknown risks and uncertainties, which may cause the company's actual results in future periods to differ materially from what is anticipated. Such statements include such words as "expect" and "anticipate". |
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