WebMD Announces Martin J. Wygod Appointed Chairman

Apr 02, 2001, 01:00 ET from WebMD Corporation

    ELMWOOD PARK, N.J., April 2 /PRNewswire/ -- WebMD Corporation
 (Nasdaq: HLTH) announced today that Martin J. Wygod has been appointed
 Chairman of the Board, replacing W. Michael Long who has resigned from the
 Board of Directors. Mr. Wygod will also continue as Chief Executive Officer of
 WebMD.
     "As the largest processor of electronic transactions in healthcare, the
 number one consumer healthcare portal and a leading provider of software
 services to physician offices, no other company has all of the necessary
 assets to capitalize on the huge opportunity in healthcare," said Mr. Long. He
 continued, "I strongly support the appointment of Marty Wygod as Chairman of
 WebMD. As Chairman and CEO, Marty's leadership and unique understanding of how
 to apply WebMD's assets to the issues and opportunities in healthcare
 positions WebMD superbly to be the long term winner in this market. I am
 confident that the rewards for all WebMD stakeholders will be substantial
 under the leadership of Marty Wygod and the talented team he has assembled. I
 believe the opportunities for WebMD are truly immense and I feel confident
 that Marty is best suited to lead this company through the challenges that lie
 ahead."
     Mr. Wygod said, "On behalf of the Board, I regretfully accept the
 resignation of Mike Long and want to thank Mike for the opportunity to work
 closely with him and for the time he has devoted to shaping WebMD into what it
 is today. Mike's leadership and vision enabled the Company to assemble the
 assets necessary to participate in fundamentally changing the healthcare
 system. We thank Mike for his contributions and wish him well in his future
 endeavors."
 
     ABOUT WEBMD
     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. 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.
 
 

SOURCE WebMD Corporation
    ELMWOOD PARK, N.J., April 2 /PRNewswire/ -- WebMD Corporation
 (Nasdaq: HLTH) announced today that Martin J. Wygod has been appointed
 Chairman of the Board, replacing W. Michael Long who has resigned from the
 Board of Directors. Mr. Wygod will also continue as Chief Executive Officer of
 WebMD.
     "As the largest processor of electronic transactions in healthcare, the
 number one consumer healthcare portal and a leading provider of software
 services to physician offices, no other company has all of the necessary
 assets to capitalize on the huge opportunity in healthcare," said Mr. Long. He
 continued, "I strongly support the appointment of Marty Wygod as Chairman of
 WebMD. As Chairman and CEO, Marty's leadership and unique understanding of how
 to apply WebMD's assets to the issues and opportunities in healthcare
 positions WebMD superbly to be the long term winner in this market. I am
 confident that the rewards for all WebMD stakeholders will be substantial
 under the leadership of Marty Wygod and the talented team he has assembled. I
 believe the opportunities for WebMD are truly immense and I feel confident
 that Marty is best suited to lead this company through the challenges that lie
 ahead."
     Mr. Wygod said, "On behalf of the Board, I regretfully accept the
 resignation of Mike Long and want to thank Mike for the opportunity to work
 closely with him and for the time he has devoted to shaping WebMD into what it
 is today. Mike's leadership and vision enabled the Company to assemble the
 assets necessary to participate in fundamentally changing the healthcare
 system. We thank Mike for his contributions and wish him well in his future
 endeavors."
 
     ABOUT WEBMD
     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. 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.
 
 SOURCE  WebMD Corporation