THis was just on the newswire.
<<<<BusinessWire, Thursday, November 06, 1997 at 13:57
SALT LAKE CITY--(BW HealthWire)--Nov. 6, 1997--Cyclopss Corp.
(NASDAQ:OZON) Thursday announced that it, together with First
Financial Investment Securities Inc. (FFIS) has concluded a private
placement of stock, the first round of which was for more than
$1.2 million.
Bryan Forman, chairman of Texas-based FFIS, said, "This offering
was concluded in five days and is the first of three rounds of
financing for the company. We believe that the company is now well
poised to take full advantage of new opportunities created within
the food industry."
Said Bill Stoddard, Cyclopss' president, "This offering has
enabled us to step-up our development of ozone-based equipment
specifically engineered for the food industry, particularly produce,
meat and poultry processing. Moreover, there are other financing
mechanisms in place to raise additional capital, if and when
required."
Cyclopss Corp. is one of the nation's leading developers of
ozone application processes and technologies for industry. Among
its products is a food and commercial laundry decontamination system
that kills micro-organisms such as E.coli, Listeria, Giardia,
Cryptosporidum and a host of blood-born pathogens.
CONTACT: Melinda Ballard, 512/894-0508 (for Cyclopss Corp.)
fax: 512/858-7146>>>>>>> |
