WebMD Announces Formation of Office of the President

Sep 20, 2001, 01:00 ET from WebMD Corporation

    ELMWOOD PARK, N.J., Sept. 20 /PRNewswire/ --
 WebMD Corporation (Nasdaq:   HLTH) announced today that Marvin P. Rich, its
 President, is leaving the Company to pursue other opportunities.  WebMD stated
 that an Office of the President has been created, consisting of four executive
 officers who will report directly to Martin J. Wygod, the Chairman and Chief
 Executive Officer of WebMD.  The members of the Office of the President are:
     * Thomas P. Apker, who will also continue as Chief Operating Officer
     * Kevin Cameron, who will also continue as Executive Vice President,
       Business Development
     * Roger C. Holstein, who will also continue as Chief Executive Officer,
       Consumer Services
     * Michael A. Singer, who will also continue as Chief Executive Officer,
       Practice Management Sales and Services
     The members of the Office of the President will be responsible for WebMD's
 day-to-day operations and strategic planning.
     Mr. Wygod stated: "Marv's leadership in implementing WebMD's restructuring
 has allowed us to rationalize our cost structure.  We are grateful for his
 efforts in streamlining our company.  On behalf of the Company, I would like
 to wish him well in his future endeavors."
     Mr. Wygod also commented on the new Office of the President:  "The members
 of our new Office of the President have been making important contributions,
 during the past year, to the planning and implementation of the strategic
 initiatives that represent the future of our company.  They have the wide
 range of expertise and the experience necessary to lead WebMD to profitability
 and growth."
     WebMD provides connectivity and a full suite of services to the healthcare
 industry that improve administrative efficiencies and clinical effectiveness
 enabling high-quality patient care.  The Company's products and services
 facilitate information exchange, communication and transactions between the
 consumer, physician and healthcare institutions.
     All statements contained in this press release, other than statements of
 historical fact, are forward-looking statements, including those regarding:
 future financial results and other projections of measures of future financial
 performance of WebMD; the amount and timing of the benefits expected from
 WebMD's integration plan and of the costs of executing such plan; potential
 changes in WebMD's business relationships; and future deployment of
 applications.  These statements are based on WebMD's current plans and
 expectations and involve risks and uncertainties that could cause actual
 future events or results to be different from those described in or implied by
 such forward-looking statements.  These risks and uncertainties include those
 relating to:  market acceptance of WebMD's products and services; operational
 difficulties relating to combining acquired companies and businesses; the
 profit potential of WebMD's strategic relationships and customer contracts;
 economic conditions and regulatory matters affecting the Internet and
 healthcare industries; and the ability of WebMD to attract and retain
 qualified personnel.  Further information about these matters can be found in
 WebMD's Securities and Exchange Commission filings.  WebMD expressly disclaims
 any intent or obligation to update these forward-looking statements.
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SOURCE WebMD Corporation