HealthGate Signs Additional Publishing Agreements With Elsevier Science's Mosby, Inc. to License Content for Mosby Handbooks.Business/Technology Editors & Health/Medical Writers BURLINGTON, Mass.--(BW HealthWire)--June 4, 2002 -- HealthGate to License to Mosby "The Natural Pharmacist pharmacist /phar·ma·cist/ (fahr´mah-sist) one who is licensed to prepare and sell or dispense drugs and compounds, and to make up prescriptions. phar·ma·cist n. " Content on Herbal herbal, early botanical book containing descriptions and illustrations of herbs and plants with their properties, chiefly those qualities that made them useful as medicines or condiments. Most of the herbals were written between c.1470 and c. Interactions and Supplements -- HealthGate Data Corp., (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : HGAT), a market-leading provider and electronic publisher of healthcare information for health-related organizations, today announced it signed additional agreements with Mosby Inc. to publish two student-focused handbooks utilizing HealthGate's "The Natural Pharmacist" content. The two first-edition handbooks, "Mosby's Handbook of Herbs and Supplements and Their Therapeutic Uses" and "Mosby's Handbook of Drug-Herb and Drug-Supplement Interactions," will be marketed to health care professionals, students, and consumers worldwide under the Mosby brand. "The Natural Pharmacist," recently acquired by HealthGate from Random House, provides in-depth information on a variety of herbs, supplements and interactions. Under the terms of the agreement, Mosby will have certain exclusive rights to content licensed from HealthGate, including the ability to publish hardcover and paperback reprint reprint An individually bound copy of an article in a journal or science communication editions, and other forms of reproduction in book format, including print, CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). and on-line. HealthGate will retain copyrights to the licensed content and will be able to continue to license portions of "The Natural Pharmacist" content to other parties. Financial terms of the contract were not disclosed. "As expected, our acquisition of `The Natural Pharmacist' is proving to be a very positive, strategic move for HealthGate, particularly as we pursue new avenues outside electronic publishing An umbrella term for non-paper publishing, which includes publishing online or on media such as CDs and DVDs. ," said Bill Reece, HealthGate's 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. . "These additional handbook publishing agreements with Mosby highlight our strategy to leverage our content assets and create additional revenue opportunities. Premier medical publishers like Mosby recognize not only the depth and breadth of our content, but the credibility as well." Both of the Mosby handbooks will exclusively feature content from HealthGate's "The Natural Pharmacist" property, recently hailed as a benchmark natural health resource for healthcare providers and consumers alike. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Journal of American Pharmaceutical Association (Nov/Dec. 2001), The Natural Pharmacist is cited as one of the "strongest resources in the area of patient education" and one of the "best herbal resources, based on quality of information and cost." Both "Mosby's Handbook of Herbs and Supplements and Their Therapuetic Uses" and "Mosby's Handbook of Drug-Herb and Drug-Supplement Interactions," are expected to be available late summer 2002. About Mosby, Inc. Mosby, Inc. (www.elsevierhealth.com) is the first choice information provider in medicine, nursing, allied health and veterinary medicine veterinary medicine, diagnosis and treatment of diseases of animals. An early interest in animal diseases is found in ancient Greek writings on medicine. Veterinary medicine began to achieve the stature of a science with the organization of the first school in the . Dedicated to publishing excellence since 1906, the company offers a complete line of textbooks, reference books and periodicals, as well as a complementary suite of health care resources including newsletters, videos, CD-ROMs, seminars, conferences and association management services. About Elsevier Science Elsevier Science (www.elsevier.com) is headquartered in Amsterdam, The Netherlands. The company is the world's largest scientific and medical information provider, publishing more than 1,500 journals, 1,200 books, as well as numerous e-products and secondary databases every year. It is a member of the Reed Elsevier plc group (www.reedelsevier.com), a world-leading publisher and information provider. Operating in the scientific, legal and business-to-business sectors, Reed Elsevier provides high-quality and flexible information solutions to professional end users, with increasing emphasis on the Internet as means of delivery. About HealthGate HealthGate Data Corp. (OTCBB: HGAT) is a market-leading provider and electronic publisher of healthcare information. HealthGate offers customers the most comprehensive content repository of healthcare information, unrivaled in its breadth and depth of content. HealthGate's authoritative content is used by more than 600 hospitals in the U.S. to provide the capability to drive down costs through more effective research and treatment, regulatory compliance, and clinician clinician /cli·ni·cian/ (kli-nish´in) an expert clinical physician and teacher. cli·ni·cian n. and patient education. The company's multi-dimensional XML-based content can be delivered electronically across virtually any technology and tightly integrated into a variety of applications used by its customers. Since 1999, HealthGate has become an integral part of operations in approximately 12 percent of all hospitals in the United States Lists of hospitals for each U.S. state:
Swedish Medical Center is a large nonprofit health care provider located in Seattle, Washington. , and HCA HCA, n.pr See acid, hydroxycitric. now utilize the data provided by HealthGate. The company's content repository is supported by a flexible, multi-dimensional technology infrastructure designed to enable HealthGate to rapidly develop products and services for customers as well as additional markets such as pharmaceutical companies and payors (insurance companies, governments, and self-insured organizations). Forward Looking Statements This press release contains certain statements that are forward-looking within the meaning of 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. HealthGate's actual results may differ materially from those contemplated by the forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . These forward-looking statements reflect management's current expectations, are based on many assumptions and are subject to certain risks and uncertainties, including among other things, HealthGate's ability to generate sufficient revenues; HealthGate's ability to sell its products and services; HealthGate's ability to develop and implement its Project Intellect strategic initiative; reliance on significant customers; unpredictability of quarter-to-quarter results; competition; reliance on content providers, computer systems and software; HealthGate's ability to retain and attract key personnel; and other risk factors that are described in the periodic reports and other documents HealthGate files from time to time with the Securities and Exchange Commission. HealthGate does not intend to update or publicly release any revisions to the forward-looking statements. |
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