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BASKING RIDGE, N.J., Jan. 29, 1999 -- Hooper Holmes, Inc. (Amex:
HH - news) today announced that Ohio National Financial Services
has selected the Company`s Portamedic Division as the exclusive
provider of alternate-site health information in Ohio National`s
agreement to market its life and health insurance products on-line
with Quicken InsureMarket, a widespread financial software product
of INTUIT, Inc. Under the agreement, Ohio National will use
Quicken`s web site, www.insuremarket.com to sell term life
insurance products, allow new customers to complete the application
process on-line and schedule medical exams through Portamedic. A
Portamedic medical professional will perform the personal health
interviews, medical testing, and physical exams for Ohio National,
a national financial services company headquartered in Cincinnati,
Ohio.
Jim M. McNamee, Chairman, stated, "We are pleased to have this
expanded relationship with Ohio National. It demonstrates that
outsourcing of health information gathering can help our clients
reduce costs, maintain high underwriting standards and provide a
high-quality service. Going forward, we believe Hooper Holmes is
positioned with the most advanced information technology and widest
geographic infrastructure to continue capitalizing on these latest
supplemental marketing channels used by our clients."
Hooper Holmes, Inc. provides medical and other underwriting
information on insurance policy applicants to the major companies
in the life and health insurance industry. The Company provides
these health information services through its 200 locations
nationwide.
Certain information contained herein includes information that
is forward- looking. The matters referred to in forward looking
statements may be affected by the risks and uncertainties involved
in the Company`s business. These forward-looking statements are
qualified in the entirety by cautionary statements contained in the
Company`s Securities and Exchange Commission filings.
SOURCE: Hooper Holmes, Inc.
"Safe Harbor" Statement under the Private
Securities Litigation Reform Act of 1995: Statements in this press
release regarding Hooper Holmes Inc.'s business which are not
historical facts are "forward-looking statements" that involve
risks and uncertainties. For a discussion of such risks and
uncertainties, which could cause actual results to differ from
those contained in the forward-looking statements, see "Risk
Factors" in the Company's Annual Report or Form 10-K for the most
recently ended fiscal year.
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