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Microcap & Penny Stocks : International Nursing Services Inc, old (NURS) new (MDIX)

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To: Linda Kaplan who wrote (592)4/25/1998 3:51:00 PM
From: Early Out  Read Replies (2) of 2911
 
They got the symbol wrong. It ANDRX, ANDRX is being sued by MDIX for infringement.

Hmm, I don't think you are right Linda. It is ADRX. I've clipped the press release they put out below:

FORT LAUDERDALE, Fla., March 19 /PRNewswire/ -- Andrx Corporation (Nasdaq: ADRX - news) today denied as false and libelous the accusations publicly announced by Medix Resources, Inc. (Nasdaq: MDIX - news) earlier today. In that announcement, Medix and its subsidiary, Cymedix Lynx Corporation, alleged theft and unlawful appropriation of computer medical software and communications technology by Andrx and its subsidiary, CyBear, Inc. Andrx says Cymedix's accusations and threatened claims have no basis in substantial fact or legal support. Work commenced on CyBear(R)'s software and technology prior to the dates cited by Cymedix and was independently developed or licensed by CyBear(R). Andrx and CyBear intend to vigorously defend these false accusations and spurious claims, and will be taking strong and appropriate counteractions.

-jsc
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