Emeryville, California - August 24, 2001 - HealthCentral (Nasdaq: HCEN), a leading provider of healthcare e-commerce and content, announced that it has entered into a marketing agreement with Xylo, Inc., a leading provider of Web-based work/life solutions. Xylo`s 1.4 million members will be provided direct access to the WebRx Health Superstore which features over 20,000 products including vitamins and minerals, maternity and baby care products, over-the-counter health and beauty aid products, prescription and non-prescription drugs, back care products, and an extensive line of allergy care and other specialty health and wellness products.
Xylo markets premium brands with highly targeted exposure to employees in the workplace through its private and direct channels used to attract and retain employees by Fortune 500 and other leading companies. Employees may use their Xylo program 24 hours a day, seven days a week through their company`s website. Under the terms of the agreement, Xylo has agreed to actively market HealthCentral`s stores and provide a direct link to its network websites (WebRx.com, ComfortLiving.com and Vitamins.com) to their ever-growing employer network.
"Xylo is providing us with an opportunity to reach a large base of employees in top-tier companies across the U.S.," said C. Fred Toney, President and CEO. "This agreement represents another step forward as we continue to execute and implement new partnership arrangements.
HealthCentral (Nasdaq: HCEN) is a leading provider of healthcare e-commerce to consumers through WebRxSM, a network of sites representing the consolidation of Vitamins.com, HealthCentral.com, RxList.com and others. Its e-commerce site, WebRxSM (www.webrx.com), features more than 20,000 products. WebRxSM features one of the largest on-line selections of vitamins, a Vision Center and a Comfort Living department (www.comfortliving.com) with a broad range of products including maternity and baby care, ergonomic chairs, water purifiers and an extensive line of allergy control products. HealthCentral.com (www.healthcentral.com) provides health-related information and commentary by Dr. Dean Edell, MD and other experts. RxList.com (www.rxlist.com) provides both patient-focused and professional-focused prescription drug information monographs.
About Xylo, Inc.
Xylo, Inc. builds Web-based work/life solutions for Fortune 500 and other though-leading companies to help increase employee retention and build corporate morale. Xylo`s solution is a highly-customizable work/life platform with timesaving, communication and community-building applications that let your employees better manage life outside of work while connecting more at work. Xylo is funded by Benchmark Capital, Crosslink Capital and Goldman, Sachs & Co. and has more than 45 blue chip clients including: Agilent Technologies, Boeing, Charles Schwab & Co. Inc., Compaq, Eddie Bauer, Hewlett-Packard, 3M, Nordstrom, Microsoft, Northwest Airlines, Washington Mutual and Wells Fargo. Formed in 1997, the company is based in Bellevue, Washington and may be found on the Web at www.xylo.com.
Forward Looking Statements:
Except for historical information, the statements in this news release are forward-looking statements, involving risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. Potential risks and uncertainties include, but are not limited to, the possible delisting of the Company`s stock from the Nasdaq market, the Company`s limited operating history and need to generate revenues, the Company`s need to raise additional cash, the substantial competition in the e-health market, the Company`s ability to successfully implement its operational plan, including proposed cost-cutting measures, possible liability related to product or content on or accessed through the Company`s web sites, the need to build a brand name quickly, the effect of substantial and changing government regulation, possible systems interruptions, a failure to integrate acquisitions or manage resources, and a failure to retain key employees. Further information regarding these and other risks is included in HealthCentral.com`s Quarterly Reports on Form 10-Q for the quarters ended June 30, 2001 and March 31, 2001, Annual Report on Form 10-K for the year ended December 31, 2000 and other documents filed with the SEC.
For Information Contact:
HealthCentral Investor Relations
HealthCentral Public Relations