PlanetRx.com Teams Up With NextCard in Exclusive Marketing Agreement.

SOUTH SAN FRANCISCO, Calif., Feb. 16 /PRNewswire/ --

PlanetRx.com, Inc. (Nasdaq: PLRX) (www.planetrx.com), a leading Internet healthcare destination for commerce, content and community, today announced an Internet marketing and promotional agreement with NextCard, Inc. (Nasdaq: NXCD), the leading issuer of credit cards online.

Under the terms of the agreement, PlanetRx.com will exclusively market and promote the NextCard Internet Visa on its Web site. In addition, NextCard will utilize its expertise as a top-five online advertiser to promote PlanetRx.com through aggressive online marketing efforts. The two parties will provide PlanetRx.com branded incentives to encourage online purchases with the NextCard Visa.

"We are confident that NextCard will enhance the shopping experience for our current members, while also bringing new customers to our Web site," said William J. Razzouk, chairman and CEO of PlanetRx.com. "The relationship between NextCard and PlanetRx.com complements our ongoing commitment to provide consumers with the best products and services available on the Internet."

PlanetRx.com will promote NextCard's credit card and e-commerce services to PlanetRx.com members through alternative vehicles such as e-mail, ad placement and mailers. New NextCard cardholders from PlanetRx.com will receive exclusive NextCard privileges, including instant online approval, valuable one-click shopping services with NextCard Concierge, a comprehensive rewards program, and a 100% Safe Online Shopping Guarantee with 24-hour interactive online service and support.

About PlanetRx.com

PlanetRx.com, Inc. (www.planetrx.com), a leading Internet healthcare destination for commerce, content, and community, delivers a convenient, personalized, and informed health and beauty shopping experience. With products ranging from prescriptions to personal care items to the latest medical information, PlanetRx.com gives consumers the ability to manage their own healthcare in a convenient and secure environment. PlanetRx.com is one of four online pharmacies to have received the Verified Internet Pharmacy Practice Sites (VIPPS) seal of approval from the National Association of Boards of Pharmacy. Headquartered in South San Francisco, Calif., the company operates its own pharmacy and distribution center, in Memphis, Tenn., to ensure the highest quality customer care.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended, including statements regarding PlanetRx.com's expectations, beliefs, intentions, or strategies regarding the future. All forward-looking statements included in this document are based upon information available to PlanetRx.com as of the date hereof, and PlanetRx.com assumes no obligation to update any such forward-looking statements. Forward-looking statements involve risks and uncertainties, which could cause actual results to differ materially from those projected. These and other risks relating to PlanetRx.com's business are set forth in PlanetRx.com's Form S-1, as amended and filed with the Securities and Exchange Commission on July 8, 1999, and the other reports filed from time to time with the Securities and Exchange Commission.

About NextCard, Inc.

NextCard, Inc. (http://www.nextcard.com) is considered the leading issuer of consumer credit on the Internet. Launched in 1997, the company was the first to offer online credit card approval within 30 seconds, a choice of customized credit card offers, personalized PictureCard(SM) design and the 100% Safe Online Shopping Pledge. NextCard is committed to providing the most robust consumer shopping experience on the Internet and continues to innovate with its GoShopping!(SM) site, NextCard Concierge(SM) Web shopping companion, comprehensive rewards program, and exceptional online customer service.

NextCard is consistently a top ten online advertiser, operates a network of over 35,000 affiliates and has exclusive card relationships with leading brands including Amazon.com, priceline.com and DILBERT. The Company publishes the NextCard eCommerce Index(SM), the premier source of online purchase activity, and was named the No.1 credit card brand online consumers would consider for use, according to ZDNet's BrandIQ research study. NextCard was named a Top 50 Financial Web site by Money magazine, a HOT 100 Company by Upside magazine and one of The Standard 100 most important and influential companies in the Internet economy by The Industry Standard. The Company also owns a minority stake in Flooz.com, the premier online gift currency.

For more information, contact Bryan Cohen of Niehaus Ryan Wong, Inc., 650-827-7066, or bryan@nrwpr.com, for PlanetRx.com, Inc.; or Camille Lepre, 415-369 5517, or camille.lepre@nextcard.com, or Michelle Desmarais, 415-836-9792, or michelle.desmarais@nextcard.com, both of NextCard, Inc.