About Galil Medical
Galil Medical is a global medical device company that develops, manufactures and markets innovative products utilizing a proprietary cryoablation platform that incorporates powerful freezing technology and revolutionary 17-gauge cryoablation needle design. The company has offices in Yokneam, Israel; Plymouth Meeting, Pennsylvania; and London. Shareholders include Thomas, McNerney & Partners, The Vertical Group, Investor Growth Capital, Elron Electronic Industries Ltd. (NASDAQ: ELRN) and RDC Rafael Development Corporation, Ltd.
Oppenheimer & Co. Inc. is acting as Endocare's financial advisor in connection with the merger and placement agent in connection with the private placement for Endocare. Piper Jaffray & Co. acted as financial advisor to Galil. Gibson, Dunn & Crutcher LLP acted as legal advisor to Endocare, and Arnold & Porter LLP acted as legal advisor to Galil.
The common stock offered in the private placement will not be and has
not been registered under the Securities Act of 1933, as amended, and may
not be offered or sold in the United States absent registration or an
applicable exemption from the registration requirements of the Securities
Act. This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor
|SOURCE Endocare, Inc.|
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