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MEDCROSS DIRECTORS NAMED AS PART OF PREFERRED STOCK SALE

 MEDCROSS DIRECTORS NAMED AS PART OF PREFERRED STOCK SALE
 ST. PETERSBURG, Fla., April 2 /PRNewswire/--Medcross, Inc. (NASDAQ: MDCR) today confirmed that six new members have been named to its board of directors as a result of the sale of $2 million in preferred convertible stock announced yesterday.
 According to President Robert M. Irvin, expansion of the board from five to nine members, to include six from the investor group, was part of the transaction.
 New directors named to the board are: Chairman Po Shin Wong, a financial investor; Vice-Chairman Henry Toh, recently a senior manager at KPMG-Peat Marwick, a public accounting firm; Bijan Taghavi, a tax accountant from Houston; Joel Kanter, president of Windy City, Inc., a closely held investment firm; and Abe Dunn and John Unger, both Houston attorneys. Directors continuing to serve are Irvin; R. Huston Babcock, M.D., and Robert M. Rubin.
 Medcross owns and operates equipment and facilities that employ the latest medical diagnostic and therapeutic technologies.
 -0- 4/2/92
 /CONTACT: Robert M. Irvin, president of Medcross, Inc., 813-521-1793; or Investor Relations Consultants, Inc., 813-796-1452, for Medcross, Inc./
 (MDCR) CO: Medcross, Inc. ST: Florida IN: HEA SU: PER


AW -- FL009 -- 4594 04/02/92 17:17 EST
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Publication:PR Newswire
Date:Apr 2, 1992
Words:203
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