AHT Corporation Reports Restructuring and Cash Position On Target
1998 Financial Results to be Reported On March 17
TARRYTOWN, N.Y.--(BW HealthWire)--March 4, 1999--AHT Corporation reported today that the restructuring the company initiated during the second half of 1998 is proceeding on track. AHT said its cash position, including cash, cash equivalents and securities available for sale, at December 31, 1998, was approximately $18.8 million, comparing favorably to the $18 million amount it had projected in its last earnings press release on November 12, 1998.
AHT will be reporting its 1998 fourth-quarter and full-year financial results on Wednesday, March 17, 1999.
AHT Corporation (NASDAQ: AHTC - news) participates in the growing healthcare e-commerce market. The company provides information technology enabling the electronic management of laboratory and prescription transactions. AHT's goal is to become a leading provider of Internet-based clinical e-commerce among physicians and healthcare organizations. For more information, please visit AHT's web site at www.ahtech.com. (Effective February 1, 1999, Advanced health Corporation changed the name under which it is conducting business to AHT Corporation and changed its NASDAQ stock symbol to AHTC from ADVH.)
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Contact:
AHT Corporation, Tarrytown
Arthur Dague
914/524-4783
e-mail: adague@ahtech.com
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