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Biotech / Medical : Misonix Inc. (MSON)

MSON 26.54

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Nov 22 4:00 PM EST

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To: Candle stick who wrote (859)	1/14/1999 12:38:00 AM
From: Beltropolis Boy	Read Replies (1) of 947

more details via MDA. ----- Medical Device Alliance Inc. and LySonix Incorporated Announce Termination of License Agreement by Misonix Inc. Business Wire - January 12, 1999 16:38 LAS VEGAS--(BUSINESS WIRE)--Jan. 12, 1999--Medical Device Alliance Inc. (the "Company") announced today that last evening the license agreement with Misonix Inc. (NASDAQ:MSON) for the Misonix ultrasonic soft tissue aspirator had been terminated by Misonix Inc. The parties involved had been unable to complete the necessary documentation prior to the end of the cure period under a notice of default. Medical Device Alliance Inc. and the Company's wholly owned subsidiary, LySonix Incorporated, are continuing to negotiate the terms of a new license agreement for the Misonix ultrasonic soft tissue aspirator. However, there can be no assurances that the parties will reach an agreement on the terms of a new license agreement. Medical Device Alliance Inc., based in Las Vegas, develops, manufactures and/or markets medical devices for the specialty markets of plastic and reconstructive surgery and spinal/orthopedic surgery.

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