Medical Monitors places 16.5m shares at 8c each 11:20, Tuesday,...

Medical Monitors places 16.5m shares at 8c each
11:20, Tuesday, 26 August 2003

Sydney - Tuesday - August 26: (RWE) - Medical Monitors has
placed 16,562,500 sharest 8c to raise $1,325,000.
The funds will be used for the progress of the company's
international business, particularly for the USA and the UK operations
as previously announced, and for working capital.
Medical Monitors is an Australian health service and medical
technology company that enables people to simply and effectively monitor
specific cardiovascular conditions through unique technology.
Medical Monitors is the sole provider of an Australia-wide
monitoring service that is attracting strong interest from major
healthcare players internationally.