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CYCARE SYSTEMS INC. ANNOUNCES STOCK REPURCHASE AND RESIGNATION OF DIRECTOR

 SCOTTSDALE, Ariz., Jan. 12 /PRNewswire/ -- CyCare Systems Inc. (NYSE: CYS) today announced that it has repurchased 412,800 shares of CyCare common stock from an entity owned by Robert J. Feibusch for the total consideration of $3,715,200, or $9.00 per share. With the sale, Feibusch has resigned as a director of the company.
 On Nov. 4, 1993, the company's board of directors authorized the repurchase of up to 1.25 million shares of CyCare common stock. Together with the 412,800 shares repurchased today, a total of 760,600 shares of CyCare common stock have been repurchased pursuant to the authorization.
 CyCare Systems Inc. is one of the nation's leading providers of information systems and services to the healthcare industry, including medical group practices and physicians.
 -0- 1/12/94
 /CONTACT: Jim Houtz, president and CEO, 602-596-4300; or Eugene G. Heller of Silverman Heller Associates, 310-208-2550/
 (CYS)


CO: CyCare Systems Inc. ST: California IN: HEA SU: PER

JB-JL -- LA032 -- 1479 01/12/94 15:07 EST
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Publication:PR Newswire
Date:Jan 12, 1994
Words:169
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