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SUMMIT MEDICAL SYSTEMS, INC. FILES REGISTRATION STATEMENT TO REGISTER SHARES HELD BY CERTAIN SHAREHOLDERS

MINNEAPOLIS, March 8 /PRNewswire/ -- Summit Medical Systems, Inc. (Nasdaq: SUMT) today announced the filing of a registration statement with the Securities and Exchange Commission for a proposed secondary offering of 331,765 shares of the Company's Common Stock currently held by certain shareholders. No shares are being issued or sold by the Company, and no proceeds of the offering will go to the Company. All or a portion of the shares may be sold from time to time by the selling shareholders on the Nasdaq National Market or otherwise, directly or through underwriters, brokers or dealers.

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 securities in any jurisdiction in which it would be unlawful to make such offer or solicitation to such person. The offering will be made only by means of a prospectus. A copy of the prospectus relating to the offering may be obtained from the Company.

Summit Medical is a leading provider of clinical outcomes database software and related products and services for the healthcare industry. Database software developed by the company gives healthcare providers the information tools to capture, monitor, manage and report the clinical outcomes and effectiveness of various medical procedures and related costs. The company currently offers more than 40 database software programs that are used by more than 1,700 customers worldwide.
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/CONTACT: Anthony Rees, Investor Relations, or Nancy Bolte, Public/Media Relations of Summit Medical, 612-473-3250/

(SUMT)

CO: Summit Medical Systems, Inc. ST: Minnesota IN: MTC CPR SU: OFR

KW-KG -- MNF007 -- 1692 03/08/96 16:02 EST
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Publication:PR Newswire
Date:Mar 8, 1996
Words:314
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