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BOSTON PACIFIC MEDICAL FILES REGISTRATION STATEMENT WITH SEC TO SELL 600,000 UNITS OF COMMON STOCK AND WARRANTS IN IPO

 BOSTON PACIFIC MEDICAL FILES REGISTRATION STATEMENT WITH SEC
 TO SELL 600,000 UNITS OF COMMON STOCK AND WARRANTS IN IPO
 BOSTON, Feb. 24 /PRNewswire/ -- Boston Pacific Medical, Inc. today announced it has filed a Registration Statement (on Form S-18) with the Securities and Exchange Commission for an initial public offering by the company of 600,000 units, each consisting of one share of common stock and one redeemable common stock purchase warrant.
 Boston Pacific Medical, Inc., headquartered in Boston, manufactures, distributes and sells in the United States and in international markets disposable medical products designed to facilitate safe medical treatment of urological conditions and prevent cross-contamination during exposure or transfer of bodily fluids.
 The unit offering will be managed by Culverwell & Co., Inc. The company intends to use the net proceeds from the offering for general working capital, as well as to develop new products, recruit personnel, and purchase additional equipment and other assets.
 A written prospectus may be obtained from the underwriter, Culverwell & Co., Inc., 60 State Street, Boston, Mass., 02109.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration of qualification under the securities laws of any such state.
 -0- 2/24/92
 /CONTACT: Gio Ortiz, president and CEO of Boston Pacific Medical, 617-247-8505; or Marcia A. Kean of Feinstein Partners, 617-577-8110, for Boston Pacific Medical/ CO: Boston Pacific Medical ST: Massachusetts IN: MTC SU: OFR


TM-EG -- NE011 -- 1820 02/24/92 10:51 EST
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Publication:PR Newswire
Date:Feb 24, 1992
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