|
BASKING RIDGE, NJ, July 18, 2000 - Hooper Holmes, Inc.(AMEX:HH) announced today the introduction of Portamedic Select,a comprehensive source of customized underwriting services gearedprimarily toward the alternative distribution and direct responsesegments of the life and health insurance markets. The servicewill also offer electronic case management to track insuranceapplications from point-of-sale through the underwriting process.The introduction of Portamedic SelectT is consistent with theCompany's strategy to strengthen its market presence by enhancingits service offering.
Jim McNamee, Chairman and Chief Executive Officer,commented, "This initiative reflects our ongoing commitment toaddressing the new challenges our customers face in the rapidlychanging insurance industry. This will enable them to issuepolicies faster and more efficiently."
Portamedic is the health information division of HooperHolmes, Inc., which has served the life and health industry forover 100 years. With a network of more than 230 computerizedbranch offices nationwide and over 12,000 mobile medicalprofessionals, Portamedic delivers the most comprehensive fieldcoverage to its customers anywhere in the nation. Heritage Labsis a full service reference laboratory serving the insurance andgenetic research industries.
Hooper Holmes, Inc. provides health information services oninsurance policy applicants to the life insurance industry. TheCompany provides these health information services through over300 locations nationwide.
Certain information contained herein includes informationthat is forward-looking. The matters referred to in forward-looking statements may be affected by the risks and uncertaintiesinvolving in the Company's business. These forward-lookingstatements are qualified in the entirety by cautionary statementscontained in the Company's Securities and Exchange Commissionfilings.
Note to editors: Portamedic Select is a trademark of Hooper Holmes. # # #
Contacts:
Fred Lash
Chief Financial Officer
908-766-5000
Investors:
Robert P. Jones/Theresa Schillero
Stacey Nield - Media
Morgen-Walke Associates
212-850-5600
|