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ADVANCED MAMOGRAPHY SYSTEMS, INC. ANNOUNCES EXERCISE OF OVER-ALLOTMENT OPTION BY UNDERWRITER

 WILMINGTON, Mass., March 22 /PRNewswire/ -- Advanced Mamography Systems, Inc. (NASDAQ: MAMO) announced today that D.H. Blair Investment Banking Corp. has exercised its option to purchase an additional 193,500 shares of Common Stock in connection with the company's recent public offering of 1,290,000 shares of Common Stock which commenced on Jan. 25, 1993, resulting in additional net proceeds of approximately $1,018,000.
 Advanced Mamography Systems, Inc. is a development stage company which was organized to acquire and develop proprietary technology in order to design, manufacture and commercialize a dedicated (or partial body) Magnetic Resonance Imaging (MRI) scanner for mamography.
 A prospectus relating to this offering is available from D.H. Blair Investment Banking Corp., 44 Wall St. New York, N.Y., 10005.
 -0- 3/22/93
 /CONTACT: John E. Schepper of Schepper Guscott Group, Inc., 617-259-1232, for Advanced Mamography/
 (MAMO)


CO: Advanced Mamography Systems, Inc. ST: Massachusetts IN: MTC SU: OFR

CH -- NE008 -- 8114 03/22/93 10:00 EST
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Publication:PR Newswire
Date:Mar 22, 1993
Words:164
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