Arrhythmia Research Technology Expands Stock Buy Back Program.Business Editors FITCHBURG, Mass.--(BUSINESS WIRE)--Dec. 23, 2002 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. (the "Company") announced that its Board of Directors has authorized the repurchase of up to $600,000 of the Company's common stock from time to time at management's discretion. Any repurchases will be made using the Company's existing cash resources. The Company's management based on its evaluation of market conditions and other factors will determine the timing and amount of any shares repurchased. The repurchase program may be suspended or discontinued dis·con·tin·ue v. dis·con·tin·ued, dis·con·tin·u·ing, dis·con·tin·ues v.tr. 1. To stop doing or providing (something); end or abandon: at any time. As of November 30, 2002, The Company had 2,748,413 shares of common stock outstanding. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statements 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 the Company that involve a number of risks and uncertainties and should not be considered as guarantees of future performance. These statements are made under the Safe Harbor Provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward looking statements may be identified by the use of words such as "expect," "anticipate," "believe," "intend," "plans," "predict," or "will." The factors that could cause a change in the actual results of the program are market acceptance, risks, and / or the financial resources of the Company. |
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