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DENTO-MED INDUSTRIES COMPLETES THE PRIVATE PLACEMENT OF $2,525,000 OF ITS COMMON STOCK

 DENTO-MED INDUSTRIES COMPLETES
 THE PRIVATE PLACEMENT OF $2,525,000 OF ITS COMMON STOCK
 BOCA RATON, Fla., Jan. 8 /PRNewswire/ -- Dento-Med Industries, Inc. (NASDAQ-NMS: DTMD) announced today that it has completed the private placement of $2,525,000 of its common stock at $1.00 per share to a group of investors.
 Dento-Med Industries, Inc., up until the present time, has been primarily a research and development company. However, with the recent agreement with Direct To Retail, the nation's leading marketer and distributor of branded direct response products to the retail environment, and other initiatives, Dento-Med is now bringing its products to the worldwide marketplace.
 The proceeds of the private placement will be used for increased inventory and working capital. As of Dec. 31, 1991 Dento-Med Industries, Inc. had no short or long term debt.
 -0- 1/8/92
 /CONTACT: Harvey Tauman, chairman of the board and president of Dento-Med Industries, Inc., 407-994-6191/
 (DTMD) CO: Dento-Med Industries, Inc. ST: Florida IN: HEA SU:


AW-SS -- FL002 -- 7632 01/08/92 09:27 EST
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Publication:PR Newswire
Date:Jan 8, 1992
Words:172
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