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NYSE ANNOUNCES CHANGE TO QUALMED'S TRADING SYMBOL

 PUEBLO, Colo., June 4 /PRNewswire/ -- QualMed Inc. (NASDAQ: QLMD) today confirmed that the company's common stock will be traded on the New York Stock Exchange (NYSE) under the symbol "MQ." NYSE trading in QualMed common stock will begin on Monday, June 7, 1993.
 Earlier this week, the exchange had assigned the company a different trading symbol. However, further research by the NYSE staff turned up a conflict, and QualMed has agreed to list under the new symbol. The company's stock has traded in a 52-week range of $10.00 to $20.75 per share and closed at $14.00 per share on Thursday, June 3, 1993.
 QualMed Inc., headquartered in Pueblo, provides comprehensive managed health care products and services to approximately 335,000 commercial HMO and Medicare risk members in California, Colorado, Idaho, New Mexico, Oregon and Washington. Through its subsidiary, Preferred Health Network Inc., the company also provides access to preferred provider networks in 16 states for more than 2.3 million covered persons.
 -0- 6/4/93
 /CONTACT: E. Keith Hovland, executive VP & CFO, or Jerry Davis, VP-marketing/investor relations, of QualMed, 719-542-0500; or Steven Silvers of Hill and Knowlton, 303-623-7772, for QualMed/
 (QLMD)


CO: QualMed Inc. ST: Colorado IN: MTC SU:

JL-BP -- LA020 -- 5612 06/04/93 16:43 EDT
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Publication:PR Newswire
Date:Jun 4, 1993
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