Boston Equity Announces Sale of Client Company.CANTON, Mass. -- Boston Equity Advisors, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , an SEC registered, NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). member broker-dealer and investment banking firm, announces the acquisition of one of its client companies, Angiolink Corporation. Medtronic, Inc. (NYSE NYSE See: New York Stock Exchange :MDT MDT abbr. Mountain Daylight Time MDT (in the US and Canada) Mountain Daylight Time MDT n abbr (US) (= mountain daylight time) → ) announced on November 4, 2004 that it had acquired Angiolink Corporation. Angiolink is a privately held medical device company focused on developing innovative wound closure solutions for vascular procedures. Angiolink's EVS(TM) (Expanding Vascular Stapling) Vascular Closure System, which received FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. pre-market approval last week, is engineered to close the femoral artery access site after vascular procedures, such as diagnostic angiography, balloon angioplasty and stenting. "On the heels of the tremendous results obtained in our clinical trial and the receipt of our PMA PMA (papillary-marginal-attached), n a system of epidemiologic scoring of periodontal disease devised by Schour and Massler in which the symbols denote the areas involved in gingival inflammation. PMA Progressive muscular atrophy from the FDA, we are now part of the pre-eminent medical technology company in the world. Boston Equity Advisors worked with us on our two major financings over a period of three years during one of the worst private equity markets in memory. Without their determination, perseverance and wise counsel, it is difficult to believe that we would have reached this milestone," said James Lousararian, former President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Angiolink. The venture capital firm, BioVentures Investors, made several investments in Angiolink Corporation. "We want to thank Boston Equity Advisors for bringing this high quality company to our attention. Boston Equity does a great job of preparing companies for the rigors of an equity raise and represents its client companies with enthusiasm and integrity. When Boston Equity shows us a deal we know from the outset that it deserves a complete analysis", according to BioVentures general partner, Marc Goldberg. Boston Equity Advisors was retained by Angiolink as placement agent for its Series A and Series B financing rounds. Boston Equity Advisors, LLC helps small and medium-sized companies achieve success by preparing them for, and guiding them through, the process of raising investment capital. The company focuses on private placements of debt and equity with institutional and individual investors. Boston Equity Advisors uses its relationships with investors and leverages the existing relationships that client companies have to facilitate successful financings. |
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