Cybear Reports Year End Results and Comments On Proposed Public Offering.

BOCA RATON, Fla.--(BUSINESS WIRE)--March 31, 1999--CYBEAR, INC. (OTC BB:CYBR), the Internet based communications technology company which is 94% owned by ANDRX CORPORATION (Nasdaq:ADRX), announced today its 1998 year end results. As part of such announcement, Cybear also commented on its previously announced expectation that, subject to market conditions, Cybear plans to file a registration statement for a public offering of its common stock during the second quarter of 1999. Cybear announced that based on preliminary discussions with its prospective underwriters, the offering price for the shares is expected to be significantly below current market prices. This press release shall not constitute an offering of the common stock which may only be made by means of a prospectus.

Cybear had no revenues for the year ended December 31, 1998 as it was a development stage Company. Revenues were $95,927 for the period from February 5, 1997 (inception) to December 31, 1997 and consisted of software development services rendered to Andrx.

Software development costs were $1,621,422 for the year ended December 31, 1998 compared to $945,497 for the period from February 5, 1997 (inception) to December 31, 1997. Software development costs include outside consultant fees, payroll, benefits and housing expenses of employees involved in the creation, design and development of Cybear's products. Also included in 1997 period are the costs of providing software development services to Andrx. The increase in the software development costs for the year ended December 31, 1998 reflects the progress and expansion of Cybear's development activities.

General and administrative expenses were $2,264,252 for the year ended December 31, 1998 compared to $680,779 for the period from February 5, 1997 (inception) to December 31, 1997. General and administrative expenses include costs incurred in the areas of sales and marketing, network operations and maintenance, administration, and customer support. The increase in general and administrative expenses for the year ended December 31, 1998 relates to the establishment of the administrative, selling and marketing and customer support infrastructure and the establishment of a network operations center.

In the year ended December 31, 1998, Cybear recorded $159,897 to write-off the unamortized portion of a software license obtained from a third party in 1997. The software was to be used as a means to handle certain types of electronic data interchange ("EDI") messages in Cybear's Internet-based management applications. In the fourth quarter of 1998, new EDI standards were approved for use in the medical systems community in the U.S. and are now released as open standards to the development community. Cybear has now adopted these new standards to be compatible with the industry standards and has integrated them into its software development process. This has rendered obsolete the software licensed by Cybear.

In the year ended December 31, 1998, Cybear recorded a settlement charge of $125,000 in connection with a legal settlement reached with Medix Resources, Inc. and Cymedix Lynx Corporation to settle all previously outstanding legal disputes between the companies.

Interest expense was $210,441 for the year ended December 31, 1998 as compared to $28,220 in the period from February 5, 1997 (inception) to December 31, 1997. Interest expense represents interest on advances from Andrx under the Credit Agreement between the two companies to fund Cybear's operations. At December 31, 1998, such net advances including interest amounted to $5,357,179 and bear interest at prime (7.75% at December 31, 1998) plus 1/2%.

Cybear's taxable results are included in the consolidated income tax return of Andrx. Cybear's taxable results will be included in the consolidated income tax return of Andrx as long as Andrx owns at least 80% of the common stock of Cybear. Cybear and Andrx have a tax allocation agreement that provides, among other things, for the allocation of federal income tax liabilities to Cybear at the approximate amounts that would have been computed as if Cybear had filed separate income tax returns. Cybear recorded a tax benefit of $1,900,000 for the year ended December 31, 1998 reflecting the reimbursement from Andrx for the utilization of Cybear's tax attributes pursuant to the tax allocation agreement. As of December 31, 1998, Cybear has a net operating loss carryforward in the amount of approximately $800,000 which is available to offset future earnings. Under the provisions of SFAS No. 109, Cybear has provided a valuation allowance to reserve against 100% of its deferred tax asset given Cybear's history of net losses.

Cybear is an information technology company using the Internet and Internet-based browser technologies to develop applications designed to improve communications and increase efficiencies for healthcare providers. Cybear has focused its efforts on developing its solutions product line, an Internet Service Provider ("ISP") system that provides information and Internet-based productivity applications to the participants in the healthcare industry. In March 1999, Cybear introduced its first Solutions product, SolutionsMD, which addresses the communications and operational needs of physicians. Cybear's other Solutions products, derived from SolutionsMD, will provide Internet-based productivity software applications and communication networks for other participants in the healthcare industry.

Andrx is engaged in the formulation and commercialization of oral controlled-release pharmaceuticals utilizing its proprietary drug delivery technologies, either directly or through collaborative arrangements. Andrx also markets and distributes pharmaceutical products manufactured by third parties.

Forward-looking statements (statements which are not historical facts) in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. For this purpose, any statements contained in this report that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the generality of the foregoing, words such as "may," "will," "expect," "believe," "anticipate," "intend," "could," "would," "estimate," or "continue" or the negative other variations thereof or comparable terminology are intended to identify forward-looking statements. Investors are cautioned that all forward-looking statements involve risk and uncertainties, including those risks and uncertainties detailed in the Company's filings with the Securities and Exchange Commission. -0-

                      CYBEAR, INC. AND SUBSIDIARY
                     (A DEVELOPMENT STAGE COMPANY)
                 CONSOLIDATED STATEMENTS OF OPERATIONS

                                                       For the Period
                                                            From
                                                      February 5, 1997

                                 For the Year Ended    (Inception) to
                                 December 31, 1998   December 31, 1997

Revenues:
 Software development services
  to Andrx Corporation               $        --        $     95,927

Operating expenses:
  Software development                 1,621,422             945,497
  General and administrative           2,264,252             680,779
  Write-off of software license          159,897                  --
  Litigation settlement charge           125,000                  --

Total operating expenses               4,170,571           1,626,276

Loss from operations                  (4,170,571)         (1,530,349)

Interest expense on due
 to Andrx Corporation                   (210,441)            (28,220)

Loss before income taxes              (4,381,012)         (1,558,569)

Income tax benefit                     1,900,000                  --

Net loss                             $(2,481,012)       $ (1,558,569)

Basic and diluted net loss
 per share                           $     (0.19)       $      (0.12)

Basic and diluted weighed
 average shares of common
 stock outstanding                    13,030,999          12,768,303


                      CYBEAR, INC. AND SUBSIDIARY
                     (A DEVELOPMENT STAGE COMPANY)
                  SUMMARY CONSOLIDATED BALANCE SHEETS

                                                December 31,
                                            1998          1997
ASSETS:

Total current assets                   $   564,368    $    31,707

Total non-current assets                 2,767,583        363,749

     Total assets                      $ 3,331,951    $   395,456


LIABILITIES AND SHAREHOLDERS' DEFICIT:

Total current liabilities                3,799,568      1,410,119

Total shareholders' deficit               (467,617)    (1,014,663)

     Total liabilities and
      shareholders' deficit            $ 3,331,951    $   395,456

This release and additional information about Cybear and Andrx are also available on the Internet at: http://www.cybear.com and http://www.Andrx.com.