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EXHIBIT 99.2
[ECLIPSYS CORPORATION LETTERHEAD]
Contact:
Eclipsys: Randy L. Thomas, Corporate Strategy and Marketing (media)
(561) 266-2348 - randy.thomas@eclipsys.com
Greg Wilson, CFO (investors)
(561) 266-2324 - investor.relations@eclipsys.com
ECLIPSYS, HEALTHVISION TERMINATE MERGER AGREEMENTS
WITH NEOFORMA.COM
-- NO BREAKUP FEES REQUIRED
DELRAY BEACH, FL -- MAY 25, 2000 -- Eclipsys Corporation(R) (NASDAQ: ECLP-news),
the leading provider of end-to-end information solutions that enable healthcare
enterprises to balance and improve clinical, financial and satisfaction
outcomes, announced today that it has mutually agreed with Neoforma.com, Inc.
(NASDAQ: NEOF-news) to terminate, effective immediately, their previously
announced merger agreement without the payment of a breakup fee.
In addition, Eclipsys reported that its healthcare Internet affiliate
HEALTHvision, Inc., has mutually agreed with Neoforma.com to terminate their
previously announced merger agreement, effective immediately, without payment of
a breakup fee.
Instead of merging, Eclipsys, Neoforma.com and HEALTHvision have
entered into a strategic commercial relationship. The relationship will include
a co-marketing and distribution arrangement between Neoforma.com and
HEALTHvision that includes the use of Eclipsys' eWebIT(TM) Web-based enterprise
application integration (EAI) technology and professional services to assist in
the implementation of Neoforma.com's solutions.
ECLIPSYS/HEALTHVISION CLOSE PARTNERSHIP ADVANCES EXECUTION OF INTERNET ACTION
PLAN
Eclipsys' close working relationship with HEALTHvision will continue to
enable the companies to provide new e-health solutions and further enhance
stockholder value. "Our close ties with HEALTHvision will continue to grow and
bear significant results," CEO Wilson said. "Our staffs work collaboratively to
develop and provide advanced Internet solutions. Together, we provide the key to
improving a healthcare organization's processes and outcomes by enabling it to
link to its key constituents -- physicians, patients and their families, the
community at large, payers and employees."
Agreeing, Scott Decker, HEALTHvision CEO, noted that "HEALTHvision
continues to see rapid growth of its customer base, particularly where we
combine with Eclipsys to add significant value through our complementary
solutions. We continue to see major opportunities ahead for this winning
combination."
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T H E O U T C O M E S C O M P A N Y(R)
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ECLIPSYS CORPORATION
ECLIPSYS, NEOFORMA TERMINATE MERGER AGREEMENT
MAY 25, 2000 - PAGE 2 OF 2
VHA REMAINS COMMITTED
VHA Inc., the U.S.' largest consortium of community healthcare
organizations which is a joint-owner of HEALTHvision and a strategic partner
with both Eclipsys and Neoforma.com, remains committed to the companies'
products and services. Curt Nonomaque, VHA executive vice president, said, "We
continue to support Eclipsys' clinical-integration strategy and actively promote
the company's portfolio of leading clinical, financial, administrative,
chart-management and services solutions. Its products, as well as those of
HEALTHvision and Neoforma, provide proven, highly integrated solutions that meet
our members' needs in a fast-paced, highly competitive environment."
INVESTOR CONFERENCE CALL SLATED
Eclipsys senior executives will hold an investor community
teleconference beginning at 9 a.m. Eastern time on Thursday, May 25. Persons
interested in participating in the teleconference should call (212) 231-6027
within 10 minutes before the conference is scheduled to begin.
ABOUT ECLIPSYS
Eclipsys Corporation (www.eclipsys.com) delivers end-to-end information
solutions that enable healthcare enterprises to achieve balanced and improved
clinical, financial and customer-satisfaction outcomes. Solutions include its
comprehensive, knowledge-based Sunrise software line; leading-edge enterprise
application integration (EAI) solutions; application services provider (ASP)
information-management solutions; business process reengineering; network design
and implementation; and full IT outsourcing. In conjunction with its
HEALTHvision affiliate (see www.healthvision.com), Eclipsys provides customized,
locally branded Web-based solutions to healthcare delivery systems. Eclipsys has
more than 1,400 customer organizations throughout the U.S. and in 17 other
countries. For more information, contact Investor Relations at
investor.relations@eclipsys.com or by calling (561) 266-2324.
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Statements in this news release concerning future results, performance or
expectations are forward-looking statements. Because such statements involve
risks and uncertainties, actual results may differ materially from those
expressed or implied by such forward-looking statements. These risks include
risks described in the filings of Eclipsys with the Securities and Exchange
Commission. Eclipsys undertakes no obligation to update the information
contained in this press release. Eclipsys, Eclipsys Corporation and The Outcomes
Company are registered trademarks and eWebIT is a trademark of Eclipsys
Solutions Corp. Other product and company names in this news release are
trademarks or registered trademarks of their respective companies.