AESI Announces Further Details of its Planned Public Filing With the Securities and Exchange Commission.TAMPA, Fla.--(BUSINESS WIRE)--Dec. 2, 1998--AESI (a private company) announced further details of its planned public filing with the Securities and Exchange Commission. Chuck Broes, C.E.O., announced further details of AESI AESI Associated Engineering Sciences Inc merger terms with NATD NATD Network Address Translation Daemon NATD National Association of Test Directors NATD North American Association of Telecommunications Dealers NATD National Association of Teachers of Dance (UK) NATD National Association of Trainers and Developers , transaction with OPMK shareholders and notice of other pending acquisitions. -- The reserve of AESI shares to complete the merger with National Diagnostics Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). EBB:NATD). Under the merger agreement NATD shareholders will be given $3.50 credit for each share of NATD in exchange for AESI stock. The valuation of AESI shares will be set at $10 per share. This share price is consistent with that of the last five mergers AESI completed. -- NATD operates multiple diagnostics centers and mobile equipment. -- AESI plans to have NATD develop and staff turnkey diagnostics centers and services for all AESI Community Health Enterprises. -- The reserve of AESI shares to complete the acquisition of at least 80% of the outstanding shares of Optimark Data Systems Inc. (a Vancouver, Canada public company) (VSE See DOS/VSE. VSE - Virtual Storage Extended :ODS (Operational Data Store) A database designed for queries on transactional data. An ODS is often an interim or staging area for a data warehouse, but differs in that its contents are updated in the course of business, whereas a data warehouse contains static data. and OTC EBB:OPMK). Under the merger agreement, OPMK shareholders will be given $1Cnd. credit for each share of OPMK in exchange for AESI stock. AESI stock to be valued in accordance with details as previously announced. -- OPMK provides sophisticated clinical pathway clinical pathway Critical pathway, treatment pathway Clinical medicine A standardized algorithm of a consensus of the best way to manage a particular condition Modalities used Teletherapy, brachytherapy, hyperthermia and stereotactic radiation. software systems to approximately 40 major teaching institutions and other healthcare providers throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . -- AESI plans to have OPMK develop turnkey clinical pathway systems and services for all AESI Community Health Enterprises. -- AESI continues to move ahead with its merger and acquisition strategy. -- The companies targeted are intended to bring to AESI products, services, facilities and healthcare expertise that complement our delivery systems. -- AESI plans to have these companies (if they close) further assist AESI carry out its mission to design, develop, implement, own, manage and operate Community Health Enterprises. No offering of AESI shares is made by this announcement and such offering may be made only by means of a prospectus. There can be no assurance that AESI will be able to complete its pending acquisitions and mergers previously announced, public offering and/or be approved for listing of its shares by Nasdaq. Except for historical information, the matters discussed in this news releases that may be considered forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. may be subject to certain risks and uncertainties that could cause the actual results to differ materially from those projected, including uncertainties in the market, pricing competition, procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. and operating efficiencies, availability of acquisition candidates for AESI, and the ability to integrate acquired companies, the ability to secure the Company's financing, the ability to reach projected revenues and earnings, and other risks detailed from time to time in reports which will be filed by the Company with the Securities and Exchange Commission. The Company assumes no obligation to update the information in this release. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion