SEDONA Corporation (SDNA) Message Board

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Microcap & Penny Stocks : SEDONA Corporation (SDNA)

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To: rustyjack who wrote ()	1/26/2000 7:01:00 AM
From: leigh aulper	Read Replies (2) of 731

this should get some attention SEDONA Announces $17.5 Million Financing Commitment By Ladenburg Thalmann & Co. Inc LIMERICK, PA--(BUSINESS WIRE)--Jan. 26, 2000--SEDONA Corporation (NASDAQ: SDNA) announced today that it has engaged the services of the investment banking firm of Ladenburg Thalmann & Co. Inc. to place up to $17.5 million in financings. Bill Williams, Chief Financial Officer of Sedona stated, "This agreement is intended to provide SEDONA with the financial support required over the foreseeable future. This financing arrangement will allow SEDONA to access capital in the future at the most appropriate times and at the most reasonable overall cost. These advantages will make a significant contribution to growth in shareholder value." Marco Emrich, President and CEO of SEDONA, said that, "This relationship being established with Ladenburg Thalmann, a highly reputable and successful investment bank, will provide SEDONA with adequate funding of its growth as we aggressively move forward in rolling out our Internet application solutions and expand our sales and marketing initiatives."

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