Cannell urges Mediware to consider company's merger

By Lisa Kerner

Charlotte, N.C., Feb. 15 - Mediware Information Systems, Inc. investor J. Carlo Cannell, sole managing member of Cannell Capital LLC, requested the company interview an agent to solicit a transaction that could result in an auction or merger of the company, it was reported in a schedule 13D filing with the Securities and Exchange Commission.

Cannell made the request in a Feb. 7 letter to Mediware board chairman Lawrence Auriana.

The investor reserves the right to discuss the company and its business with Mediware management, the filing stated.

Cannell beneficially owns 1,051,400, or some 12.9%, of Mediware's issued and outstanding shares.

Mediware, based in Lenexa, Kan., develops, markets, licenses, implements and supports clinical management information solutions.

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