Navigation Links
InfoLogix Announces News Related to its Recent Corporate Development Initiatives
Date:10/9/2009

HATBORO, Pa., Oct. 9 /PRNewswire-FirstCall/ -- InfoLogix, Inc. (Nasdaq: IFLG), a leading technology provider of enterprise mobility solutions for the healthcare and commercial industries, today announced that it has retained SSG Capital Advisors, LLC, a nationally recognized investment bank based in West Conshohocken, PA to assist InfoLogix in exploring its private placement alternatives. SSG initiates, structures and negotiates financing transactions at virtually every level of the capital structure on behalf of growing businesses seeking capital to support their various expansion initiatives.

(Logo: http://www.newscom.com/cgi-bin/prnh/20090618/NE35135LOGO )

The Company previously disclosed that it entered into a non-binding term sheet to restructure its obligations under a Loan Agreement with its senior lender, Hercules Technology Growth Capital, Inc. (Nasdaq: HTGC). The Company continues in active discussions with Hercules about this restructuring.

About InfoLogix, Inc.

InfoLogix is a leading provider of enterprise mobility solutions for the healthcare and commercial industries. InfoLogix uses the industry's most advanced technologies to increase the efficiency, accuracy, and transparency of complex business and clinical processes. With 19 issued patents, InfoLogix provides mobile managed solutions, on-demand software applications, mobile infrastructure products, and strategic consulting services to over 2,000 clients in North America including Kraft Foods, Merck and Company, General Electric, Kaiser Permanente, MultiCare Health System and Stanford School of Medicine. InfoLogix is a publicly-traded company (Nasdaq: IFLG). For more information visit www.infologix.com.

About SSG Capital Advisors, LLC

SSG is a nationally recognized investment bank that helps middle market companies raise capital during uncertain economic times. As a specialist in representing companies in the early stages of turnaround, SSG offers services its clients need in today's complex and fast-moving financial markets. Since inception, SSG has completed over 150 investment banking assignments on behalf of businesses throughout North America, Mexico and Europe.

Safe Harbor

InfoLogix makes forward-looking statements, including those relating to private placement alternatives and debt restructuring, in this press release which represent our expectations or beliefs about future events and financial performance. Forward-looking statements are identifiable by words such as "believe," "anticipate," "expect," "intend," "plan," "will," "may" and other similar expressions. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. Forward-looking statements are subject to known and unknown risks and uncertainties, including the risks described in our Annual Report on Form 10-K for the period ended December 31, 2008, our Quarterly Report on Form 10-Q for the period ended June 30, 2009 and other filings we make with the Securities and Exchange Commission. In addition, actual results could differ materially from those suggested by the forward-looking statements, and therefore you should not place undue reliance on the forward-looking statements. We do not make any commitment to revise or update any forward-looking statements to reflect events or circumstances occurring or existing after the date of any forward-looking statement is made.

    Contact:
    John A. Roberts
    Chief Financial Officer
    215-604-0691 x1102

SOURCE InfoLogix, Inc.


'/>"/>
SOURCE InfoLogix, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. InfoLogix Selected by Albert Einstein Healthcare Network for eLearning Modules to Support EMR Implementation
2. InfoLogix Receives Nasdaq Deficiency Letter
3. InfoLogix to Present Mobile in the Enterprise: Keeping up with User Demand While Containing Costs at Mobile Monday Panel in Philadelphia
4. Delta Health, an InfoLogix Company, Wins Engagement with Hennepin County Medical Center for Strategic Cost Management
5. InfoLogix Wins Contract with LaSalle for $2.6 Million Mobility Solution and Services
6. InfoLogix Files Preliminary Proxy Statement in Connection with Special Meeting of Its Stockholders to Approve Recapitalization Plan
7. InfoLogix Achieves Motorola Enterprise Mobility Validation
8. InfoLogix Announces Second Quarter Financial Results
9. InfoLogix Selected by Hilo Medical Center for Multi-Year Engagement to Deliver Wireless as a Service
10. New InfoLogix M24 Mobile Clinical Assistant Will Enable Hospitals to Access Electronic Medical Records (EMR) Directly at the Point of Care
11. Healthcare Informatics Associates, an InfoLogix Company, Selected by Hilo Medical Center for MEDITECH 6.0 EMR Implementation
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/26/2016)... ... June 27, 2016 , ... Quality metrics are proliferating ... many ways they remain in the eye of the beholder, according to experts who ... of The American Journal of Managed Care. For the full issue, click here ...
(Date:6/26/2016)... Orion, Clarkston, Michigan (PRWEB) , ... June 26, ... ... with respect to fertility once they have been diagnosed with endometriosis. These women ... intercourse but they also require a comprehensive approach that can help for preservation ...
(Date:6/25/2016)... ... June 25, 2016 , ... First Choice Emergency Room ... Dr. Sesan Ogunleye, as the Medical Director of its new Mesquite-Samuell Farm facility. ... of our new Mesquite location,” said Dr. James M. Muzzarelli, Executive Medical Director of ...
(Date:6/24/2016)... ... , ... A recent article published June 14 on E Online ... on to state that individuals are now more comfortable seeking to undergo not only ... calf and cheek reduction. The Los Angeles area medical group, Beverly Hills Physicians (BHP) ...
(Date:6/24/2016)... Fla. (PRWEB) , ... June 24, 2016 , ... Global ... Trend magazine’s 2016 Legal Elite. The attorneys chosen by their peers for this recognition ... Florida. , Seven Greenberg Traurig Shareholders received special honors as members of this year’s ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... June 24, 2016 ... announced the addition of the " Global Markets ... This report focuses ... an updated review, including its applications in various applications. ... market, which includes three main industries: pharmaceutical and biotechnology, ...
(Date:6/24/2016)... , June 24, 2016 Dehaier Medical ... the "Company"), which develops, markets and sells medical devices ... , signed a strategic cooperation agreement with Hongyuan ... "Hongyuan Supply Chain") on June 20, 2016, to develop ... the strategic cooperation agreement, Dehaier will leverage Hongyuan Supply ...
(Date:6/24/2016)... PUNE, India , June 24, 2016 ... "Pen Needles Market by Type (Standard Pen Needles, Safety ... 12mm), Therapy (Insulin, GLP-1, Growth Hormone), Mode of Purchase ... published by MarketsandMarkets, This report studies the market for ... is expected to reach USD 2.81 Billion by 2021 ...
Breaking Medicine Technology: