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Microcap & Penny Stocks : Microphonics Inc. (mrps) -- Ignore unavailable to you. Want to Upgrade?


To: jmhollen who wrote (31)2/16/1999 12:28:00 AM
From: jmhollen  Respond to of 8189
 
If anybody already posted this, my apologies, it's late.....
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Microphonics Makes Announcement
NASHVILLE, TENN. (Feb. 10) BUSINESS WIRE -Feb. 10, 1999--Microphonics (OTC BB: MRPS) is pleased to announce that it has entered into a contractual agreement with F&M MAFCO Inc. as a flagship distributor of the Ultraphonics 111RCK Ultrasound diagnostic system.
F&M MAFCO is a 53 year old company specializing in providing tooling and equipment to the paper, petrochemical, power, steel, heavy construction and industrial maintenance marketplace.

The contract calls for an initial order of 100 units, 50 of which have already been delivered. A year contract will then take effect, calling for purchase of 75 units per month. The retail price of the 111RCK is $2,950.00.

John :-)