MDM medical monitors limited

placement, has the cash now...

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    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.
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