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Biotech / Medical : OCGT again

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To: Stock Puppy who wrote (35)8/27/1996 3:28:00 PM
From: Jack Ucci   of 283
 
Another OCGT announcement!
My broker called a few minutes ago to inform me that OCGT's subsidiary PrimeCareSystems signed a license agreement with Better Health (a managed health care organization) to provide PrimeCare's software to State of New York medicaid recipients.

I think this is the big announcement he was expecting. While not moving the stock in this pre-Labor day market, this announcement should firm up the stock at this level and MAYBE it will acquire credibility as a real company with earnings starting to appear. These licenses are on a fee-per-use basis.

He also thought that September would bring a couple more announcements, but he didn't think they would be of the size of this one.

Can you or someone post the text of this announcement? Thanks.
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