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NEWS
Issue #2001 - 05 (Jan. 2001)

(Updated on Jan. 31, 2001)

ACQUISITIONS, MERGERS & AGREEMENTS

Palm Ventures Invests in ePhysician To Drive Palm Economy

To complement its strategic investment in HealtheTech, Inc., a developer of personal health monitoring devices, last December, Palm, Inc.’s investment group, Palm Ventures, has announcement that it has entered into a funding agreement with another health-technology company, ePhysician.

"This investment in ePhysician complements our existing investment in consumer targeted healthcare products, extending the strength of the Palm Economy to the healthcare provider,"

said Robert Hayes, director of Palm Ventures.

Recently, ePhysician launched a fully integrated product suite that enables physicians in a clinical environment to access critical information in order to make timely, appropriate decisions. With their Palm-enabled device at hand, doctors will be able to perform the following functions:

  • Sending prescriptions securely over the Internet
  • Capturing patient diagnosis
  • Entering patient billing information
  • Accessing current, unbiased drug information

According to the Mountain View-Calif based company, the suite of wireless applications promises healthcare facilities not only improved efficiencies and cost-savings but also enhanced patient care.

With funding from Palm Ventures, companies such as HealtheTech and ePhysician can now take advantage of the expertise and business opportunities afforded by Palm.

For more information: www.palm.com

Mobileinfo Comments and Advisory: Good move, Palm - health care industry needs you!

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.


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