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EXPIRATION OF OUTSTANDING WARRANTS

 WILMINGTON, Mass., July 20 /PRNewswire/ -- Advanced NMR Systems (NASDAQ: ANMR) is providing notice to all holders of its Class A Common Stock Warrants and Class B Common Stock Warrants that those Warrants expire on Aug. 18, 1993, and therefore must be exercised on or prior to such date.
 The Class A Warrants are exercisable for one share of ANMR Common Stock and one Class B Warrant at a price of $1.50 per Class A Warrant. The Class B Warrants are exercisable for one share of ANMR Common Stock at a price of $2 per Class B Warrant. Assuming all outstanding Warrants are exercised, ANMR would receive approximately $10,450,000, which funds would be used for the development of two new clinical MRI devices and further expansion of its manufacturing facilities to meet its contractual commitments.
 The procedure for exercising the Warrants is set forth on the Warrant certificates. American Stock Transfer & Trust Company, New York, is the Warrant Agent. For additional information regarding exercise of the Warrants, contact Marion Waddington at ANMR, 508-657-8876.
 -0- 7/20/93
 /CONTACT: Marion Waddington of Advanced NMR Systems, Inc., 508-657-8876/
 (ANMR)


CO: Advanced NMR Systems ST: Massachusetts IN: CPR SU: FNC

DJ -- NE021 -- 3461 07/20/93 14:43 EDT
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Publication:PR Newswire
Date:Jul 20, 1993
Words:208
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