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Microcap & Penny Stocks : Surgical Safety Products, Inc. OTC:BB SURG -- Ignore unavailable to you. Want to Upgrade?

To: Howard H Bouch who wrote (665)	7/7/1999 4:14:00 PM
From: im a survivor	Read Replies (1) \| Respond to of 707

Wednesday July 7, 10:12 am Eastern Time Company Press Release Surgical Safety Products, Inc. Successfully Completes Private Placement SARASOTA, Fla.--(BUSINESS WIRE)--July 7, 1999--Surgical Safety Products, Inc. (SSP) (OTC BB:SURG - news) announced today that it has successfully completed its private equity placement. The proceeds from the transaction totaled $475,000.00, and will be used by the Company for working capital requirements related to the expansion of its operations. Terms of the placement were not disclosed. Frank Clark, President and CEO of SSP, stated, ''We are delighted to have completed this financing effort. It will now enable us to concentrate on deployment efforts of OASiS Touch-Access(TM) Information Systems to hospitals.'' The securities offered by the Company in the private placement will not be registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the Securities Act of 1933, as amended. Surgical Safety Products, Inc., is the originator and marketer of OASiS, an industry leader in providing Touch-Access Information to hospitals. OASiS is an information delivery and collection service for healthcare workers. Consisting of an Internet appliance and proprietary software, it is an Internet-based information network between hospitals, their staff, healthcare industry companies and others. Certain statements contained in this release constitute forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1934. This includes, without limitation, statements related to product demand, pricing, market acceptance, economic conditions, risks with technological development, the ability to raise additional capital on acceptable terms, and other risks identified in the Company's Securities and Exchange Commission filings. Electronic Photos and CDROM Demonstrations Available on request -------------------------------------------------------------------------------- Contact: Surgical Safety Products, Inc., Sarasota Don Lawrence, Executive Vice President, Sales and Marketing 941/927-7874 Ext. 102