Advanced NMR Systems says shareholders approved authorization of preferred stock.WILMINGTON, Mass.--(BUSINESS WIRE)--Sept. 21, 1995--Advanced NMR NMR: see magnetic resonance. Systems Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ANMR) today reported its shareholders have voted to approve an amendment to the company's charter to authorize a class of preferred stock, $.01 per value, consisting of 1,000,000 shares. Today's vote had been deferred from ANMR's annual meeting held on Aug. 31, 1995. The company also announced that in connection with its merger with Medical Diagnostics Inc. (MDI (1) (Multiple Document Interface) A Windows function that allows an application to display and lets the user work with more than one document at the same time. ), Advanced NMR will adopt the fiscal year end of Sept. 30 for financial reporting purposes. This will coincide with MDI's fiscal year. Advanced NMR Systems Inc. develops and manufactures ultrafast magnetic resonance imaging magnetic resonance imaging (MRI), noninvasive diagnostic technique that uses nuclear magnetic resonance to produce cross-sectional images of organs and other internal body structures. technology for clinical applications and advanced research and is a provider of diagnostic imaging and rehabilitation services through its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Medical Diagnostics Inc. The company is developing other components and systems for emergency room head trauma, functional neuro-imaging and orthopedic applications. Its majority-owned subsidiary, Advanced Mammography Systems Inc. (NASDAQ:MAMO) has completed a prototype of its dedicated MR Breast Imaging System and is currently negotiating with medical facilities for its installation. Advanced Mammography has filed for FDA clearance for commercial use of this product. CONTACT: Advanced NMR Systems Inc. Eileen Kirrane, 617/270-9560 ext. 233 |
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