Caresoft, Inc. Names John A. Young, Retired Hewlett-Packard President and CEO, Chairman of the Board; Caresoft, Inc.'s thedailyapple.com Draws Technology Industry Leader.

NEW YORK--(BW HealthWire)--Oct. 12, 1999--

Caresoft, Inc., a leading provider of next generation online health care services for consumers and the healthcare industry, announced today at Intel's Internet Health Day II, its appointment of John A. Young, retired President and Chief Executive Officer of Hewlett-Packard, as head of Caresoft's Board of Directors.

"Caresoft provides both consumers and many different factions within the health care industry with an intuitive and flexible tool, which will increase the quality of health care delivery and services," said Young. "Caresoft bridges the gap in web-based healthcare networking by simultaneously offering personalized health tools and e-commerce to consumers as well as customized e-business capabilities to health plans, physicians, hospitals, and other healthcare stakeholders. I look forward to contributing to Caresoft's continued growth and development."

In addition to his position as President and CEO of Hewlett-Packard Company, Young's career has included being Chairman of President Reagan's Commission on Industrial Competitiveness, national Chairman of Junior Achievement, Inc. and a founding Director and Trustee of the Foundation for the Malcom Baldridge National Quality Award. Young was named co-chairman of the President's Committee of Advisors on Science and Technology in 1994. He also served as a member of the Advisory Committee for Trade Policy and Negotiations with the Office of The United States Trade Association.

"John Young is a pioneer within both the technology and healthcare industry, and we continue to prosper under his leadership," said J.J. Singh, CEO, Caresoft, Inc. "His extensive knowledge of the health care and technology markets will continue to enhance our ability to build a valuable and growing business."

Young also currently serves as a Director of Wells Fargo Bank, SmithKline Beecham, plc., Chevron Corp., Affymetrix, International Integration Inc., Ciphergen and Lucent Technologies. He is Chairman of the Board of Novell. He is also a founding Chairman of the Board of Smart Valley, Inc., a non-profit corporation formed in 1993 to create an electronic community in Silicon Valley.

About Caresoft, Inc.

Caresoft, Inc. is a leading provider of next generation online health care services for consumers and the healthcare industry. Caresoft's premier web portal, thedailyapple.com (http://thedailyapple.com/) provides consumers with personalized online services, community, interactive programs and useful tools to take charge of their health.

For providers, employers and health plans, thedailyapple.com provides a robust, co-branded utility to enhance member satisfaction, loyalty and wellness while decreasing health management costs. Pharmaceutical and other health-related product companies realize substantial benefits by utilizing the site's unique ability to provide awareness, targeted marketing, and relationship marketing programs. Caresoft is a privately held, venture capital-backed company and is located in Sunnyvale, Calif. The company can be contacted through its website at www.thedailyapple.com.

About Internet Health Day

Internet Health Day II was developed by Intel Corporation as a forum for leaders in the emerging Internet Health industry. Internet Health Day 1998 identified how consumers are being empowered by the Internet to find new ways of obtaining health-related information, products and services. Internet Health Day II explores solutions for bringing health care providers into the online world.

Internet Health Day II is sponsored by the American Academy of Pediatrics, American Medical Association, American Medical Informatics Association, American Pharmaceutical Association, Internet Healthcare Coalition and People's Medical Society. For more information, please visit www.intel.com/pressroom/kits/events/9910ihd.