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CVS Caremark Corporation Signs Advertising Agreement with flexSCAN to Reach 500,000 wellness360 Enrollees.


MISSION VIEJO, Calif. -- flexSCAN, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:FXSC) today announced that it has executed an agreement with CVS Caremark Corporation CVS Caremark Corporation, NYSE: CVS is an integrated pharmacy services provider, combining one of the U.S.'s leading pharmaceutical services companies with the country’s largest pharmacy chain.  (NYSE NYSE

See: New York Stock Exchange
:CVS (1) (Concurrent Versions System) A version control system for Unix that was initially developed as a series of shell scripts in the mid-1980s. CVS maintains the changes between one source code version and another and stores all the changes in one file. ) to sponsor 500,000 wellness360(tm) enrollees. wellness360 (www.wellness360.com) offers a wide range of online services free of charge including health risk assessments, online diet and fitness programs, medical history management, interactive medical, fitness and wellness library, and electronic personal health records (PHR PHR Personal Health Record
PHR Physicians for Human Rights
PHR Professional in Human Resources
PHR Public Health Reports
PHR Partnerships for Health Reform
Phr Phrygian (linguistics)
PHR Presse Hebdomadaire Régionale
). More importantly, wellness360 pays "cash dividends" for member participation.

CVS Caremark Corporation is the nation's premier integrated pharmacy services provider, combining its pharmaceutical services companies with the country's largest pharmacy chain. CVS Caremark fills or manages more than one billion prescriptions per year, more than any other pharmacy services provider. CVS Caremark drives value for pharmacy services customers by effectively managing pharmaceutical costs and improving healthcare outcomes through its 6,200 CVS/pharmacy stores; its pharmacy benefit management A Pharmacy Benefit Manager (PBM) is a third party administrator of prescription drug programs. They are primarily responsible for processing and paying prescription drug claims. , mail order and specialty pharmacy division, Caremark Pharmacy Services; its retail-based health clinic subsidiary, MinuteClinics; and its online pharmacy, CVS.com.

"wellness360 is an innovative wellness solution designed to meet the needs of individuals, family members, employers, and organizations desiring to control healthcare costs, and engage consumers in enhancing their health status," said Thomas Banks, 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 flexSCAN, "Awareness of importance of improved health, wellness solutions and spiraling healthcare costs are at the top-of-mind of every American. The ultimate goal of wellness360 is to abate rising healthcare costs while improving the health and wellbeing of our members. We are thrilled that CVS Caremark Corporation has joined flexSCAN in working toward a healthier America."

flexSCAN (www.flexscan.com) generates revenues from advertisers and sponsors by delivering highly focused messages and relevant content to its wellness360 members in a secure and HIPAA (Health Insurance Portability & Accountability Act of 1996, Public Law 104-191) Also known as the "Kennedy-Kassebaum Act," this U.S. law protects employees' health insurance coverage when they change or lose their jobs (Title I) and provides standards for patient health,  compliant manner based on individual lifestyle, medical conditions, medications, level of wellness, family history and personal interests.

Certain matters discussed in this news release are "forward-looking statements" and only apply to the date of this release and are identified by terminology such as "may," "will," "expects," "anticipates," "believes," or similar words. Statements that describe future plans or goals are also forward-looking statements and involve known and unknown risks or other facts that may cause actual results or performance to be different from those expressed or implied. Such factors may include uncertainties and risks associated with product development, approval to market products, failure to gain market acceptance, or dependence upon key personnel or need for additional financing.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 6, 2007
Words:402
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