CONTACT:

Peggy Frank Lyle
VP, Public Relations, MCOL
(954) 385-2128
pflyle@mcol1.mcareol.com

FOR IMMEDIATE RELEASE    

MCOLÔ ANNOUNCES INTENT TO ACQUIRE HEALTHQUEST PUBLISHERS

Purchase Expands MCOL’s B2B Applications 

MODESTO, CA, May 25, 2000--- MCOL, the leading health care information technology company specializing in delivering business-to-business managed care knowledge resources, today announced an agreement to acquire the HealthQuest Publishers division from HealthQuest Solutions Inc.  HealthQuest Publishers produces The National Managed Care Leadership Directory and Who’s Who in Managed Health Care. Terms of the potential acquisition were not disclosed by MCOL, a privately held company.

Clive Riddle, President, MCOL says, “We are very excited about this acquisition opportunity. We have offered HealthQuest products through our Managed Care Store for some time, and have found them to have an outstanding reputation for providing accurate and dependable market resource information on key decisions leaders in the managed care industry. This impending purchase enables MCOL to further its strategic plan to provide innovative B2B applications and managed care knowledge resources.”

Claire Thayer, MCOL’s Vice President Research and Development adds, “We will be able to integrate the HealthQuest products with selected databases and directories we manage within our Managed Care On-LineÔ service to offer some outstanding new enhancements and products in the near future. The HealthQuest products will also be an excellent fit for the new ConferenceLand Web site currently under development by MCOL.”

HealthQuest Solutions President Brad Bangerter, comments, “We feel MCOL is an excellent strategic match for this purchase agreement. MCOL has the technological resources and capabilities required to quickly accelerate expansion of the nature and scope of these extensive databases and directories.”  

About HealthQuest Publishers

HealthQuest Publishers is the division of HealthQuest Solutions, Inc that provides vital information about leaders in the managed care industry. More than just a listing of companies, HealthQuest’s publications focus on the people that make the companies successful. HealthQuest’s valuable resource books, databases and lists enable companies to communicate, develop business relationships and market more efficiently in today’s rapidly changing managed care environment. 

About MCOL 

MCOL is a five-year-old health care Internet company delivering business-to-business managed care resources. MCOL has become the recognized Internet leader in the delivery of knowledge resources to professionals involved in managed care. MCOL business lines include: Membership-based services through Managed Care On-Line and Global Health Resources.com; e-Commerce through the Managed Care Store; and Business e-Solutions. MCOL is based in Modesto, California, with additional offices in Portland, Oregon. For more information, please visit www.mcol.com/about.htm.


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