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Prospect News home > News index > List of issuers M > Headlines for MedcomSoft Inc. > News item
Published on 8/17/2006 in the Prospect News PIPE Daily.

MedcomSoft plans private placement for up to C$5 million

By Sheri Kasprzak

New York, Aug. 17 - MedcomSoft Inc. said it intends to raise up to C$5 million in a private placement.

Paradigm Capital Inc. and Jennings Capital Inc. are the placement agents for the deal.

The terms of the offering have not been determined.

Proceeds will be used for working capital.

MedcomSoft, based in Toronto, develops software used in the health care sector.

The stock remained unchanged at C$0.46 Thursday (Toronto: MSF).


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