MEDICAL TECHNOLOGY SYSTEMS, INC. ANNOUNCES THE ACQUISITION OF CART-WARE INDUSTRIES, INC.
CLEARWATER, Fla., Oct. 15 /PRNewswire/ -- Medical Technology Systems, Inc. (NASDAQ-NMS: MSYS) announced the recent acquisition of Cart-Ware Industries, Inc., of Attleboro Falls, Mass., a manufacturer of a new and innovative computerized hospital medication cart for consideration of 7,500 unregistered shares of stock and $150,000. This cart will be introduced to the health care industry and integrated with the company's Performance Pharmacy Software and Medication Compliance Systems in November 1993. This blending of technologies will allow the company to offer unique cost containment systems for administering medications to patients in the health care and managed care environments with effective control and record keeping. -0- 10/15/93 /CONTACT: Harold B. Siegel, president and CEO of Medical Technology Systems, 800-334-6663 or 813-576-6311, or Investor Relations, Medical Technology Systems, 800-962-3938/ (MSYS)
CO: Medical Technology Systems, Inc.; Cart-Ware Industries, Inc. ST: Florida, Massachusetts IN: MTC SU: TNM
RK-JV -- FL007 -- 2735 10/15/93 12:10 EDT
|Printer friendly Cite/link Email Feedback|
|Date:||Oct 15, 1993|
|Previous Article:||BI REPORTS FIRST QUARTER RESULTS|
|Next Article:||PROSOURCE DISTRIBUTION SERVICES CHOSEN BY NORTHEAST KFC FRANCHISEES|