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Strategies & Market Trends : Wire to Wire Daily Stock Picking

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To: usman ahmad who wrote (2666)8/4/1999 9:34:00 AM
From: John R Resseger  Read Replies (1) of 3514
 
Jeff

I misspelled my name so I will reenter my pick and shovel.

IMAT-John Resseger-80M Float- 1 17/32 1 9/16 - sales

S. Lewis Meyer, Imatron's CEO, stated, ''We are gratified to announce this first EBT scanner sale directly attributable to the Imatron-GE marketing alliance. This sale is an encouraging sign for the further development of our relationship, as we continue to work closely with GE to successfully commercialize our proprietary EBT technology. As an additional component of the alliance between GE and Imatron, GE Capital has financed a number of Imatron EBT scanner sales. We look forward to including the Midwest EBT Cardiac Center, the first EBT scanner site in Kansas, and also serving Missouri, to our rapidly
expanding installed base of EBT scanners. As we move forward into the second half of 1999, we are confident that the two principal elements of our marketing strategy, increasing public awareness and broadening medical community acceptance, will continue to build our backlog of scanner bookings which will result in future EBT sales.''

Imatron, Inc. is primarily engaged in designing, manufacturing, marketing, and supporting high performance EBT scanners based on the Company's proprietary scanning electron beam tomography (EBT) technology. Imatron's EBT scanner is now in use at more than 110 major medical centers around the world, including the Mayo Clinic, Cedars-Sinai Medical Center, Mount Sinai Medical Center, University of Iowa, National Institutes of Health, UCLA Medical Center, Stanford University, University of Illinois, Arizona Heart Institute, University of Graz, Royal Brompton Hospital in London, Tokyo University Hospital and Beijing Hospital in China.
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