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NEWS FLASH
2000 - 45 (Dec. 2000) ACQUISITIONS, MERGERS & AGREEMENTS Palm Ventures First Invests in Personal HealtheTech Company Launched in September to accelerate the "Palm Economy," Palm Ventures, the strategic investment arm of Palm Inc., has made its first investment in HealtheTech, Inc., a company that combines preventative health with wireless technology.Targeted at the health conscious consumer, HealthTech’s suite of products using Palm Powered™ handheld devices help individuals "achieve their health goals" in such areas as nutrition, weight management, and exercise. HealthTech's DietLog can be tailored to meet the specific needs of the individual, including diabetic diets, cholesterol and blood lipid problems and cancer risks. Equipped with a Palm PDA running DietLog 1.83, the consumer can perform the following tasks:
Palm Ventures believes that HealthTech's technology will capitalize on the growth of consumer interest in health and fitness and in turn develop a new burgeoning market. In addition to receiving investment financing along with resources and strategic support from Palm, HealtheTech has received a $5.5 million investment from Procter & Gamble. For more information: www.prnewswire.com/Mobilenfo Comments and Advisory: Use of Palm Pilot and other handheld devices for healthcare applications is welcome news. Any device that monitors an individual's progress in managing his/her health-related risks will create a discipline that will be a constant reminder. Note: This news release may contain forward-looking statements. Readers should take appropriate caution in developing plans utilizing these products, services and technology architectures. All trademarks used in this summary are the property of their respective owners. NEWS
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