Navigation Links
MGT Capital Investments, Inc. Approves Share Buyback Program
Date:2/14/2008

Board authorizes buyback of up to 1,000,000 shares of MGT stock

NEW YORK, Feb. 14 /PRNewswire-FirstCall/ -- MGT Capital Investments, Inc. (Amex: MGT), a holding company focused on the Healthcare Information Technology ("HCIT") sector, today announced that its Board of Directors has authorized the repurchase of up to 1,000,000 shares, between February 14, 2008 and December 31, 2008.

Tim Paterson-Brown, Chairman and CEO, commented on the stock repurchase plan, stating: "The initiation of this stock repurchase program stems from recent news announcements by our two subsidiary companies. Medicsight PLC has announced a landmark preliminary agreement with the Systems Integration Division of Toshiba Medical Systems Corporation. Medicexchange PLC has announced a preliminary agreement for the acquisition of Maydeal.com, a Chinese medical equipment website. We see both of these announcements as accretive to shareholder value.

"Our belief is that the current market value of MGT shares does not accurately reflect the underlying value of the MGT group of companies. We are excited about Medicsight's future, including our expectation that the company will receive U.S. and Japanese regulatory approval for its ColonCAD software in 2008. We strongly believe that upon regulatory approval Medicsight will be the leading supplier of CAD software for virtual colonoscopy screening procedures in the U.S. and Japan."

The repurchase of shares by MGT will be made from time to time in the open market on the American Stock Exchange ("AMEX") and in private transactions. The timing for repurchasing shares will be determined by MGT's broker based on its evaluation of market conditions and other factors. The Board of Directors of MGT may amend
'/>"/>

SOURCE MGT Capital Investments, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine news :

1. Matrixx Initiatives, Inc. to Present at the Roth Capital Partners 20th Annual OC Growth Stock Conference
2. Cardiac Science to Present at the Roth Capital Partners 20th Annual Growth Stock Conference
3. Accipiter Capital Management Reaffirms Its Opposition to the Acquisition of VistaCare, Inc. by Odyssey Healthcare, Inc.
4. Berkery Noyes Represented The Riverside Company on the Sale of HCPro Holdings, Inc. to Halyard Capital, LLC
5. MGT Capital Investments, Inc. is Delighted with the Announcement of Medicsights Commercial Agreement with Toshiba PACS Division
6. AtriCure to Present at Roth Capital Partners 20th Annual OC Conference
7. Genstar Capital Promotes J. Ryan Clark to Principal
8. MGT Capital Investments, Inc. Announces Subsidiarys Preliminary Agreement to Acquire Maydeal.com
9. 19th Annual Casino Night Benefiting the National Kidney Foundation of the National Capital Area
10. Pennsylvania Gov. Rendell: $10 Million Partnership With Harrisburg Venture Capital Firm Boosts PAs Life Sciences Industry
11. IDC Awarded Digital Radiography Contract With Beijing Capital Airport
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/22/2014)... (PRWEB) October 22, 2014 Shriners Hospitals ... that will change the current location of Shriners Hospitals ... South Limestone across from the University of Kentucky Albert ... state-of-the-art ambulatory care center, owned and operated by Shriners ... orthopaedic needs of children and their families well into ...
(Date:10/22/2014)... Angeles, California (PRWEB) October 22, 2014 Hay ... 2.0: Move Beyond Addiction and Upgrade Your Life (Paperback; $10.82) ... field of Yoga & Recovery. This book is meant ... thrive in a life of recovery. , Recovery 2.0 ... the 12 Steps; Recovery 2.0 is a guide for what ...
(Date:10/22/2014)... Pass, OR (PRWEB) October 22, 2014 ... Southern California’s fresh water supply runs dangerously low, Southern ... change. Southern Oregon’s rivers, despite the lowest mountain snow ... even in late summer and early autumn.* That was ... authors of the new book “Hiking Southern Oregon,” during ...
(Date:10/22/2014)... Texas (PRWEB) October 22, 2014 ... of completing their continuing education at home or ... have access to 20 brand new, premium Seminar-on-Demand ... robust catalog of over 2,000 hours ... fully customize their educational experience. With such a ...
(Date:10/22/2014)... Although there are only 24 hours in a day, ... have trouble finding time within their busy schedules for exercise and ... of time to get in shape. Here are five ways you ... , Change Up Your Commute , Consider riding a bike ... exercise into your daily routine. If you must use your car ...
Breaking Medicine News(10 mins):Health News:Shriners Hospitals for Children - Lexington Announces Plan to Build New $47 Million Facility 2Health News:Shriners Hospitals for Children - Lexington Announces Plan to Build New $47 Million Facility 3Health News:Hay House Announces The Official Release of Recovery 2.0: Move Beyond Addiction and Upgrade Your Life 2Health News:Hay House Announces The Official Release of Recovery 2.0: Move Beyond Addiction and Upgrade Your Life 3Health News:Southern Oregon Is West’s Most Drought Proof Fresh Water Region Say Hiking Guide Authors 2Health News:Southern Oregon Is West’s Most Drought Proof Fresh Water Region Say Hiking Guide Authors 3Health News:Southern Oregon Is West’s Most Drought Proof Fresh Water Region Say Hiking Guide Authors 4Health News:Top Provider of Continuing Education at Home Releases 20 New Online Courses 2Health News:HealthGuideMD Presents Ways to Improve Your Exercise and Fitness 2
... study on sleep patterns in American women found that most of ... and physical health// , personal lives, professional work and driving safety. ... Foundation, studied about 1,003 adult women in ages 18 t0 65 ... get less than one or two nights of good sleep each ...
... Smailholm and the border areas has raised the concern ... village hall where drumming classes were being conducted. ... Sabre, to look into this matter. The finding revealed ... areas in Northumberland and the Borders, including Smailholm Village ...
... consulate in Hyderabad will start operations in a makeshift location ... permanent// facility in five years time. ,The US ... April so that work could begin to set up the ... by Henrietta H. Fore, under secretary of state for management, ...
... says a study that adds to a weight of evidence ... the peppers their zing. ,According to the latest ... National Chung Hsing University in Taiwan, capsaicin makes fat cells ... ,The result of the study is reported in the Journal ...
... from the renowned Salk Institute for Biological Studies, have discovered ... secretion will not only reduce insulin resistance, in animal models, ... high calorie diet. , The peptide in question ... are peptides produced in the insulin secreting cells ...
... 2007 -- A team of UCSB researchers, in collaboration ... of Los Gatos, California, has designed a novel ... the skin without the pain or bruising that deeper ... today in the Proceedings of the National Academy of ...
Cached Medicine News:Health News:Sleep Problems of Women 2Health News:US Consulate to Start Hyderabad Operations Next Year 2Health News:Scientists Explore Ways to Reduce Insulin Resistance by ‘handcuffing’ Gen 2Health News:Researchers Design Pulsed Mircrojet System to Deliver Protein Drugs Without Pain or Bruising 2
(Date:10/20/2014)... Calif. , Oct. 20, 2014  PneumRx, Inc. ... interventional pulmonology, today announced completion of enrollment in their ... RENEW Clinical Study is the FDA-approved IDE pivotal trial ... severe emphysema. It was anticipated that the ... February 2013, would take until the end of 2014 ...
(Date:10/20/2014)... BOSTON , Oct. 20, 2014  Indianapolis ... and Toronto -based 3D visualization ... the Congress of Neurological Surgeons Annual Meeting that ... technologies for brain surgery. The collaboration is the ... powerful combination to improve patient outcomes. NICO,s BrainPath® ...
(Date:10/20/2014)... 2014  ResMed (NYSE: RMD ) ... Exchange program, a comprehensive suite of software and ... other health care providers. ResMed ... patient information. It integrates valuable sleep and respiratory ... management platforms with customers, in-house or third-party electronic ...
Breaking Medicine Technology:PneumRx Completes RENEW Pivotal Trial Enrollment 2PneumRx Completes RENEW Pivotal Trial Enrollment 3Indianapolis' NICO Corporation and Toronto's Synaptive Medical, Inc. Announce First-Ever Intervention-Visualization Partnership with Goal to Improve Standard of Care in Neurosurgery 2Indianapolis' NICO Corporation and Toronto's Synaptive Medical, Inc. Announce First-Ever Intervention-Visualization Partnership with Goal to Improve Standard of Care in Neurosurgery 3Indianapolis' NICO Corporation and Toronto's Synaptive Medical, Inc. Announce First-Ever Intervention-Visualization Partnership with Goal to Improve Standard of Care in Neurosurgery 4Indianapolis' NICO Corporation and Toronto's Synaptive Medical, Inc. Announce First-Ever Intervention-Visualization Partnership with Goal to Improve Standard of Care in Neurosurgery 5ResMed Launches ResMed Data Exchange 2
... ST. PAUL, Minn., Oct. 28 M.B.A. students ... and CEO Eric Elliott speak about the history ... Therapeutics is a pharmacy benefit management company dedicated ... clients and members. In a speech ...
... 28, 2010 The enVision e ICU® Center ... Virginia Hospital Alliance (NVHA) Regional Hospital Coordinating Center to ... surge capabilities in the region.  Inova,s enVision e ... using eICU Program technology from Philips VISICU. ...
Cached Medicine Technology:Columbia University Students Learn About Pharmacy Benefit Management From Prime Therapeutics President and CEO 2NVHA and Inova Health System Utilize Philips VISICU eICU® Program to Increase Surge Capacity During All-Hazards Event 2NVHA and Inova Health System Utilize Philips VISICU eICU® Program to Increase Surge Capacity During All-Hazards Event 3
Autolensmeter with black/white monitor and no internal printer....
FF 450plus IR Fundus camera with Visupac / System 451. High-end system for visualizing even the finest detail and reliable diagnosis....
... CL-100 measures all types ... with improved precision. The ... senses multi-focal lenses with ... makes operation easier while ...
... is designed for fast and easy operation ... mode, the readings are automatically held when ... are automatically detected. The sophisticated alignment system ... The TL-2000A has been designed with a ...
Medicine Products: