May 1, 2000

Medicity, Inc. Receives Investment
from Seaboard Ventures

Medicity Offers the First Free, Physician-Centric Work Portal
with a New Model for Healthcare Communications

SALT LAKE CITY, UT - Medicity, Inc., the first secure communications work portal for healthcare, announced today that it has attained funding from Seaboard Ventures. Medicity spans across enterprises, connecting individual members to relevant healthcare communities with a unique patent-pending communications environment. Created by experts in physician work culture, Medicity is tailored to the communications needs of physicians, staff and healthcare professionals. This powerful environment seamlessly integrates into the workday through compelling and useful information, all at no cost to the user.

"As the first workday-relevant healthcare connectivity solution, Medicity has the potential to rapidly disseminate to thousands of physicians," said James "Kipp" Lassetter, Chief Executive Officer of Medicity. "Medicity is creating the kind of online interaction between the physician and their essential communities, resulting in a paradigm shift in the way healthcare communicates."

"Utilizing time-relevant communications as content, and the Internet as a virtual meeting place, Medicity delivers tremendous value to all members of the healthcare community," said Sheppard H.C. Davis Jr., Chief Executive Officer of Seaboard Ventures, a Baltimore, Maryland-based private equity and venture capital firm. "The company's approach is unique, anf offers a physician-centric environment where useful information, services, and communications come together all at one online location."

Launching this week at eHealthcareWorld in Las Vegas, Nevada, May 1-3, Medicity is developing relationships with other ehealthcare leaders. The company's growing user base will continue to grow through a participation-by-invitation marketing approach to capture physicians and their supporting networks. This model has been established through current users of Medicity who have circulated the solution from doctor to doctor, organization to organization.

"By combining healthcare and Internet expertise with prominent industry leaders, Medicity will create an enduring brand within their space," said Davis of Seaboard Ventures. "Medicity's leadership in advancing physician communications for the healthcare industry will create industry unification while serving as a catalyst for change."

Medicity Management
Medicity has assembled a seasoned management team comprised of industry professionals. The management staff includes:

James Kipp Lassetter, MD, Chairman and Chief Executive Officer

David Coyle, President and Chief Operating Officer

About Medicity
Medicity is an eHealth infrastructure company that creates secure communication networks and aggregates connectivity solutions for healthcare communities. Medicity's patent-pending technology empowers physicians and healthcare professionals to create personalized virtual communication networks based on important workday relationships, as well as access their ASP, connectivity and other premium service offerings of choice, regardless of vendor, through a single logon and authentication process. Medicity addresses the healthcare industry's need to electronically link local healthcare participants and provide effective, efficient and private information sharing. The company is committed to building network infrastructure for healthcare communities by providing its members with unlimited access to personalized content and productivity solutions. Headquartered in Salt Lake City, Utah, Medicity, Inc. is a privately held company created by a team of healthcare experts. For more information about Medicity, contact us at 801.322.4444 or via email at publicrelations@medicity.com. Visit the Medicity website at www.medicity.com.

About Seaboard & Co. Ventures
Founded in 1992, Seaboard & Co. Ventures provides private equity and asset management. With offices in Baltimore, Maryland and Charleston, South Carolina, Seaboard Ventures invests private equity in a host of industries, including finance and Internet-based and other technology-related businesses. Seaboard Ventures is focused on selective long-term investing and the alignment of interests with entrepreneurs and growth companies. Seaboard & Co., through it constituent funds, manages fixed income investments for both U.S. and international institutions.