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Bovie Medical Receives $550,000 Operating Room Generator Order.


Business Editors/Health & Medical Writers

MELVILLE, N.Y.--(BUSINESS WIRE)--April 25, 2000

Bovie Medical Corporation (the "Company") (OTC Bulletin Board OTC Bulletin Board

An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system.
 Symbol: BOVI), a leading manufacturer and marketer of electrosurgical products today announced that it has received an order valued in excess of $550,000 for one of its Bovie 300 watt operating room operating room
n. Abbr. OR
A room equipped for performing surgical operations.
 generators and accessories, which are scheduled to be used by medical facilities in the Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region. .

J. Robert Saron, president of Aaron Medical Industries, a wholly-owned subsidiary of Bovie Medical, stated, " The order is significant because it represents the increased worldwide demand for Bovie products. We remain committed to increasing our presence in the expanding electrosurgical market both in 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.  and overseas."

Shipments are expected to commence during the third quarter and be completed in the fourth quarter of fiscal year 2000.

Bovie, and 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.
, Aaron Medical Industries, are engaged in the engineering, manufacturing and marketing of electrosurgical medical products.

This document may contain some forward looking statements, particularly regarding operational prospects in 2000 and beyond, which involve a number of risks and uncertainties that could cause actual results to differ materially. These risks are listed from time to time in the Company's SEC filings.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Apr 25, 2000
Words:204
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