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IVF AMERICA FILES STATEMENT FOR CONVERTIBLE PREFERRED STOCK OFFERING

 GREENWICH, Conn., March 26 /PRNewswire/ -- IVF America, Inc. (NASDAQ: IVFA) today announced that it has filed a registration statement with the Securities and Exchange Commission for sale by the company of 1,840,000 shares of convertible preferred stock at $10 per share, including 240,000 shares subject to the underwriters' overallotment option.
 RAS Securities Corp. and ABD Securities Corporation will act as co-managers of the offering.
 The net proceeds of the offering will be used to accelerate the company's expansion program through acquisitions and the development of new clinical facilities, to fund assisted reproductive technology and genetic research, and for corporate purposes.
 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 sales of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 IVF America, Inc. is engaged in managing clinical facilities which provide assisted reproductive technology (ART) services to infertile couples. There are estimated to be 2,300,000 infertile couples across the country who can potentially benefit from the company's ART services. IVFA currently operates six clinical facilities in collaboration with medical institutions or medical groups in New York, Pennsylvania, Massachusetts, New Jersey and Michigan.
 -0- 3/26/93
 /CONTACT: Dwight P. Ryan, chief financial officer of IVF America, 203-622-7230; or Cara Kiewel of Edelman Worldwide, 212-704-8187, for IVF America/
 (IVFA)


CO: IVF America, Inc. ST: Connecticut IN: HEA SU: OFR

PS-WB -- NY017 -- 0008 03/26/93 10:38 EST
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Publication:PR Newswire
Date:Mar 26, 1993
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