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Biotech / Medical : Medical Industries Of America, MIOA -- Ignore unavailable to you. Want to Upgrade?


To: mr. ed who wrote (486)12/11/1998 11:20:00 AM
From: Currency  Read Replies (2) | Respond to of 570
 
BIG PR just out.

Medical Industries of America Finalizes Acquisition of Your Good Health Network

BOYNTON BEACH, FLA. (Dec. 11) BW HEALTHWIRE -Dec. 11, 1998--Medical
Industries of America Inc. (Nasdaq:MIOA) Friday announced that the
company has finalized the previously announced acquisition of Your Good Health Network (YGHN), a privately held, rehabilitation company
operating 24 centers throughout the State of Florida.

Medical Industries of America Inc. operates medical ancillary services
businesses and is expanding the delivery of diversified medical
technologies, products and services. The company provides diagnostic
and therapeutic healthcare services to the surgical and medical
community through its mobile cardiac catheterization services and pain
rehabilitation and sleep disorder centers. The company also owns and
operates an international air ambulance service and a pharmaceutical
distribution business.

Safe Harbor Statement under the Private Securities Litigation Reform
Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the company's filings with the Securities and Exchange Commission.

-0- cp/mi*

CONTACT: Medical Industries of America Inc., Boynton Beach
Linda Moore, 561/737-2227

or
Continental Capital & Equity Corp.

Dodi B. Zirkle, 407/682-2001
dodi@insidewallstreet.com

www.insidewallstreet.com

KEYWORD: FLORIDA
INDUSTRY KEYWORD: MEDICINE MERGERS/ACQ Today's News On The Net -
Business Wire's full file on the Internet

with Hyperlinks to your home page.
URL: businesswire.com

*** end of story ***