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Strengthens HealthMedia Position as Global Leader of Online Behavior Change Solutions Northborough, MA— November 1, 2006 — MySelfHelp.com, Inc., the world’s premier company for online mental health self-help programs and tools, announced today that it will be acquired by HealthMedia, Inc. of Ann Arbor, Michigan. MySelfHelp.com offers a family of highly interactive programs for depression, insomnia, eating disorders, and a range of other mental health problems that cost employers and health plans billions of dollars each year in lost productivity, disability claims, and healthcare costs. The following recent statistics highlight the growing crisis and need for a more comprehensive solution:
This announcement is part of HealthMedia’s expansion strategy designed to establish the company as the global leader in the online delivery of behavior change interventions for wellness, disease management, medication compliance, and behavioral health. “Consumers demand interventions that do not neatly fall into any single category. This creates the need for complementary products that cross multiple health issues. Our online behavior change interventions provide consistent, high-quality programming with outstanding efficacy rates, and increase the opportunities to create positive ROI for employers, health plans, pharmaceutical companies and behavioral health organizations,” comments Ted Dacko, President and CEO of HealthMedia, Inc. MySelfHelp.com Rounds Out HealthMedia’s Behavioral Health Offerings The prevalence of Internet-based self-help programs designed to address mental health issues has risen steadily in recent years. MySelfHelp.com has distinguished itself by offering a broad spectrum of highly interactive and clinically sophisticated mental health programs for combating depression, insomnia, binge eating and bulimia, and overcoming guilt and low self-esteem. MySelfHelp.com is staffed by a team of highly experienced and reputable healthcare professionals and other experts who are devoted to helping people improve the quality of their lives. The MySelfHelp family of programs was developed in part through significant funding from the National Institute of Mental Health. Says Dr. Richard Bedrosian Ph.D., founder and president of MySelfHelp.com, “We have great respect for HealthMedia’s programming and the tremendous outcomes their participants have achieved through the wellness, disease management, and medication compliance programs. The spirit, values, and constructs that power the MySelfHelp interventions are consistent with those at HealthMedia. We are thrilled to become a core component of their programming.” MySelfHelp complements HealthMedia’s existing behavioral health programs by adding depression, insomnia, and other mental health programs to existing offerings for stress and addiction. “Some combination of insomnia, depression, guilt and anxiety is typically prevalent with many diseases and conditions such as obesity, smoking, and chronic illness. We intend to offer MySelfHelp programs not only through the traditional behavioral healthcare and EAP channels, but to healthcare organizations and employers as part of our core health and disease management offering,” adds Ted Dacko. About MySelfHelp.com About HealthMedia, Inc.
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