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Biotech / Medical : MTEN - expected 1000% revenue increase in 97
MTEN 1.070-0.9%Dec 9 3:59 PM EST

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To: Syd Deem who wrote (9)11/22/1996 6:27:00 PM
From: Syd Deem   of 279
 
Medical Technology Announces Restructure of Private Placement

LANCASTER, Pa., Nov. 22 /PRNewswire/ -- Medical Technology & Innovations Inc. announced today they have restructured the convertible private placement. The new conversion features a fixed conversion price and a lock up period with a term of three years. The final terms of this conversion are subject to the approval of the Board of Directors.

Medical Technology & Innovations, Inc. manufactures and sells the MTI Photoscreener(TM), a hand-held photographic device used to screen the
eyes of young, preverbal and difficult-to-screen children for Amblyopia or "Lazy Eye" Syndrome and other vision problems. The company has recently acquired Steridyne Corporation, a profitable manufacturer and distributor of pediatric and general health products, including fever monitoring devices, anti- decubitus gel cushions and disposables.

Please visit the web site at: eyecam.com SOURCE Medical Technology & Innovations Inc.
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