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AMERICAN MEDICAL ELECTRONICS ANNOUNCES STOCK REPURCHASE PROGRAM

 DALLAS, March 17 /PRNewswire/ -- American Medical Electronics, Inc. (NASDAQ: AMEI) announced today that its board of directors has approved an open market stock repurchase program. AME intends, subject to market conditions and other factors, to purchase, from time to time, up to a total of one million shares of its common stock in open market or privately negotiated transactions. The source of funds for the proposed purchases will be AME's working capital.
 AME produces and distributes medical devices used primarily by orthopaedic and neurosurgical professionals. The company's product lines include: the Spinal-Stim(R) System to enhance the healing of spinal fusions, Physio-Stim(R) bone growth stimulators for the healing of non-union fractures, the AME(R) Universal Bone Plate, the Halifax(R) Clamp cervical spine fixation system, and the Carbon-One(TM) Halo System for patients suffering trauma or deteriorating cervical spine conditions.
 -0- 3/17/93
 /CONTACT: Joseph Mooibroek, president and CEO, 214-918-8383, or Wesley Johnson, VP/finance and CEO, 214/918-8477, both of American Medical Electronics, Inc./
 (AMEI)


CO: American Medical Electronics ST: Texas IN: CPR SU:

LD -- NY097 -- 7233 03/17/93 19:13 EST
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Publication:PR Newswire
Date:Mar 17, 1993
Words:186
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