Freeserve PLC - Re Health Channel Agreement
13 Juni 2000 - 1:56PM
UK Regulatory
RNS Number:1636M
Freeserve PLC
13 June 2000
Health Channel Agreement
Freeserve announces exclusive health content, e-commerce and sponsorship deal
with Superdrug, Planet Medica.com and Think Natural.com consortium
Freeserve has today agreed terms with a unique consortium comprising
Superdrug, Planetmedica.com and ThinkNatural.com to be the exclusive partner
for the Freeserve Health Channel.
The Health Channel is being launched to meet the needs of Freeserve's 1.9m
members, many of whom are increasingly looking for in-depth health content
and advice allied to community and e-commerce opportunities.
Freeserve's Health Channel will combine the best elements of the consortium's
products and services to create a single multi-purpose health and well-being
site which from this summer will be provided to Freeserve's 3 million-plus
unique users. These offerings include:
* Planetmedica.com, a leading pan-European health content provider, will
make available all its expert health advice and information as well as
its interactive services
* ThinkNatural.com, a leading natural health site on the internet, will
provide its full range of products, vitamins, minerals, supplements
and alternative health products on the channel
* Superdrug, a market leading high street retail brand in the UK, will
provide an extensive range of health, beauty, OTC and prescription
medicines through its soon to be launched e-commerce service
* Freeserve will also use its proprietary Smartgroups.com tools to
encourage, enhance and promote health communities on the Freeserve
portal.
Recognising the value of exclusive access to the large and growing base of
Freeserve members the consortium has created a ground breaking partnership to
secure this tenancy and sponsorship agreement. Financial terms are not
being disclosed.
Commenting, Nick Backhouse, Chief Financial Officer of Freeserve, said:
"Freeserve's ability to deliver scale to its partners has enabled us to
attract a high quality consortium whose blend of health content and services
will create yet another specialty channel for our members."
Eric Souetre, CEO Planet Medica, said: "With its high quality content and
interactive medical tools, Planet Medica is ideally suited to answer all
users' health questions. This exclusive deal is an important milestone in
strengthening the position of all three parties in leading the UK e-health
market."
Carol Dukes, CEO of ThinkNatural, said: "This deal is an important step
forward for ThinkNatural and for PlanetMedica as we emerge as clear leaders
in the field. In addition, this deal also provides Superdrug with an
excellent launchpad for its forthcoming online service."
About Freeserve (www.freeserve.com)
Freeserve is the UK's leading portal with an integrated offering of UK-
focused content, e-commerce services and free Internet access. At March 12
2000, Freeserve had 1.9 million active registered members and 162.8 million
page impressions in February 2000.
Freeserve was launched in September 1998 as part of the Dixons Group,
Europe's leading consumer electronics retailer. Freeserve distributes its
access software through Dixons network of over 1,000 Dixons, Currys, PC
World, The Link and @jakarta stores.
About ThinkNatural
ThinkNatural is Europe's leading online retailer of natural health products,
offering thousands of vitamins, minerals, herbal supplements, homeopathic
remedies and aromatherapy products. Founded in 1999 by Carol Dukes and Emma
Crowe, ThinkNatural has just closed a second round of funding with
#10m invested by Superdrug's parent company Kingfisher plc, and venture
capitalists led by Amadeus Capital Partners.
About PlanetMedica.com
Planet Medica is a leading European e-health portal offering high quality and
objective health information and services through country-specific consumer
web sites as well as aiming to provide Internet based solutions to improve
care management and communication among a broad range of healthcare
providers. Planet Medica was founded in October 1999 and currently operates
websites in the UK, France, Germany, Spain, Netherlands and Italy. For more
corporate information www.planetmedica.com.
About Superdrug
Superdrug is now firmly established as the UK number two health and beauty
retailer. Its offer combines quality with exceptional value for money in
both branded and own-branded products (of which there are more than 2,400).
To reinforce its health offer Superdrug has more than 185 in-store pharmacies
and 720 stores.
END
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