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Biotech / Medical : Misonix Inc. (MSON) -- Ignore unavailable to you. Want to Upgrade?


To: Daniel who wrote (682)3/4/1998 9:32:00 PM
From: md1derful  Read Replies (1) | Respond to of 947
 
D: I have no idea..and Iguess the outcome is already factored in anyway...perhaps others on the thread know the dates.



To: Daniel who wrote (682)3/11/1998 8:31:00 AM
From: Candle stick  Read Replies (1) | Respond to of 947
 
Misonix, Inc. Announces $1.6 Million Follow-On Order From United States
Surgical Corporation for Ultrasonic Cutting System Components

FARMINGDALE, N.Y. (March 11) BUSINESS WIRE -March 11, 1998--Misonix,
Inc. (Nasdaq: MSON) today announced that the Company has received a
follow-on order from United States Surgical Corporation (NYSE: USS) for
ultrasonic generators and transducers, which are the main components of
USS's AutoSonix(a) cutting device. The AutoSonix(a) system uses
high-frequency sound waves to coagulate and divide tissue in both open
and laparoscopic surgery. The order totals approximately $1.6 million
and delivery of the components is expected to be completed in Misonix,
Inc.'s fiscal first quarter 1999, ending September 30, 1998.

In October 1996, Misonix, Inc. entered into an exclusive license
agreement with USS covering the further development and
commercialization of the Company's medical technology relating to
ultrasonic cutting. The license agreement gives USS exclusive worldwide
marketing and sales rights to this technology.

Dr. Joseph Librizzi, President and Chief Executive Officer of Misonix,
Inc., said, "We are pleased to receive this new order from U.S.
Surgical, as it signifies the continued strength of our relationship
with them. With this new order, Misonix's orders from U.S. Surgical
have totaled nearly $7 million since receiving our first order in
September 1997. We look forward to further strengthening our
relationship with U.S. Surgical going forward."

Misonix, Inc. develops, manufactures, and/or markets medical,
scientific, and industrial ultrasonic and air pollution systems.

United States Surgical Corporation is a diversified medical products
company specializing in minimally invasive technologies that improve
patient care and lower health care costs. (a) Trademark of United
States Surgical Corporation. Forward Looking Statements: Statements in
this news release looking forward in time are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of
1995. Investors are cautioned that forward-looking statements involve
risks and uncertainties, including general economic conditions, delays
and risks associated with the performance of contracts, consumer and
industry acceptance, and regulatory risks.

-0- sm/ny*

CONTACT: Misonix, Inc.

Peter Gerstheimer

Vice President and CFO

(516) 694-9555

or

Morgen-Walke Associates, Inc.

Cheryl Schneider/Tessa Lavender

Press: Michael McMullan

(212) 850-5600

KEYWORD: NEW YORK INDUSTRY KEYWORD: MEDICINE ENMED ENVIRONMENTAL
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