Arrhythmia Research Technology, Inc. S-3 Registration Statement Declared Effective by SEC.FITCHBURG, Mass. -- Arrhythmia arrhythmia (ārĭth`mēə), disturbance in the rate or rhythm of the heartbeat. Various arrhythmias can be symptoms of serious heart disorders; however, they are usually of no medical significance except in the presence of Research Technology, Inc. ("Company") today announced that the shelf registration statement on Form S-3 originally filed with the Securities and Exchange Commission on May 6, 2004 as thereafter amended has been declared effective. The registration statement covers 500,000 shares of the Company's common stock and will permit the Company to offer and sell the shares, from time to time. There are no immediate plans to offer and sell the registered shares. The Company believes that the shelf registration statement will afford greater flexibility in accessing capital markets when market conditions are conducive to an offering. Any proceeds from such a sale will be used to acquire or invest in businesses, products and technologies or other opportunities providing accretive earnings and increasing shareholder value. The Company, through Micron, produces silver plated sensors and distributes metal snaps for manufacturers of disposable ECG ECG electrocardiogram. ECG abbr. 1. electrocardiogram 2. electrocardiograph ECG Also called an electrocardiogram, it records the electrical activity of the heart. electrodes and through Micron's NEM division manufactures injection molded products for medical, electronics, industrial and consumer applications. The Company's products also include proprietary signal-averaging electrocardiographic electrocardiographic emanating from or pertaining to electrocardiography. electrocardiographic monitoring maintenance of a more or less continuous surveillance of a patient's cardiac status by means of electrocardiography. (SAECG SAECG Signal-Averaged Electrocardiogram ) software used in the detection and treatment of potentially lethal heart arrhythmias. 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. made herein are based on current expectations of ART and involve a number of risks and uncertainties and should not be considered as guarantees of future performance. The factors that could cause actual results to differ materially include: interruptions or cancellations of existing contracts, impact of competitive products and pricing, product demand and market acceptance, risks, the presence of competitors with greater financial resources than ART, product development and commercialization risks, changing economic conditions in developing countries, and an inability to arrange additional debt or equity financing Equity Financing The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation. . |
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