ROCHE DIAGNOSTICS TO OFFER DIAGNOSTIC SUPPLIES AND EQUIPMENT THROUGH medibuy

SAN DIEGO (January 29, 2001) -- medibuy.com Inc., an e-commerce solution for healthcare supply chain efficiency, and Roche Diagnostics, the largest supplier of diagnostic healthcare products in the world, today announced an agreement to make Roche's wide variety of diagnostic equipment and supplies available through medibuy's marketplace.

Roche is a leader in the diagnostics industry. The company will offer its entire in vitro diagnostic product offerings through the medibuy marketplace. Customers will have access to pre-negotiated contract pricing and real-time product availability information. The functionality is designed to streamline the procurement process for end users and will enhance Roche's service level to its customers.

"Roche accompanies a growing list of medibuy suppliers serving a broad base of buyer relationships representing 42 percent of the acute care facilities in the United States. medibuy is the exclusive e-commerce provider of medical supplies and equipment supported by Premier Inc., one of the nation's largest group purchasing organizations representing over 1,800 member hospitals. medibuy will also be the exclusive e-commerce provider to all HCA hospitals and alternate care facilities, as well as several members of Health Trust Purchasing Group, the group purchasing organization of HCA, pending the finalization of the acquisition of empactHealth.com.

"The decision to connect into medibuy's marketplace enhances the richness and reach of data for both customer and supplier," said Martin Madaus, president and CEO of Roche Diagnostics Corporation. "Gains in efficiency, which up to this point have been inconceivable, are now a real possibility and will profoundly impact the supply chain."

"We are proud to offer our buyers well recognized and respected brands in healthcare," said Dennis Murphy, president and CEO of medibuy. "As a leader in diagnostic healthcare products, we welcome Roche Diagnostics to our growing list of suppliers."

medibuy's marketplace allows customers to budget, source and purchase products in a secure, web-based environment with the ability to access pre-negotiated pricing and real-time product availability information. Through a variety of e-commerce services, including auction, catalog, RFP, and equipment services, healthcare facilities are able to increase supply chain efficiency.

About medibuy

medibuy operates a business-to-business Internet marketplace for the efficient management, purchase, and sale of medical and nonmedical products, equipment, and services used by the healthcare industry. Through its online marketplace, medibuy enables buyers and sellers to reduce many of the inefficiencies of the traditional healthcare supply chain and provides substantial benefits to participating buyers and sellers by reducing order processing and tracking costs and improving the utilization of data relating to products, equipment, services, transactions and market trends. medibuy has a growing network of strategic relationships with technology and healthcare leaders, including Premier Inc., HCA, and WebMD Corporation. For more information on medibuy or to register with the company, please visit the company's web site at www.medibuy.com.