LMS CLOSES $2.0 MILLION PRIVATE PLACEMENT
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Montreal, Quebec, March 6th, 2008 – LMS Medical Systems (AMEX:LMZ; TSX:LMZ), a
healthcare technology company and developer of the CALMTM clinical information system and
risk management software for obstetrics, today announced that it has closed a $2.0 million private
placement.
The private placement comprised 4 million units at a purchase price of $0.50 per unit which
generated $2 million in gross proceeds prior to the deduction of placement agent fees and offering
related expenses. Each unit is comprised of one common share and a quarter warrant, each full
warrant being exercisable for one common share at a strike price of $0.60 for a period of five
years from the date of issue. Proceeds from the financing will be used for general working capital
and for sales and marketing activities.
About LMS: LMS is a leader in the application of advanced mathematical modeling and neural
networks for medical use. The LMS CALM Decision Support Suite provides physicians, nursing
staff, risk managers and hospital administrators with clinical information systems and risk
management tools designed to improve outcomes and patient care for mothers and their infants
during childbirth.
For further information about LMS Medical Systems please contact:
Yves Grou, Chief Financial Officer
LMS Medical Systems Inc.
Tel: (514) 488-3461 Ext. 238
Fax: (514) 488-1880
yves.grou@lmsmedical.com / www.lmsmedical.com
Except for historical information contained herein, the matters discussed in this news release are forward-looking statements. Because
these forward-looking statements involve risks and uncertainties, there are important factors that could cause actual results to differ
materially from those expressed implied by the forward-looking statements including, but without limitation, economic conditions in
general and in the healthcare market, the demand for and market for our products in domestic and international markets, our current
dependence on the CALM product suite, the challenges associated with developing new products and obtaining regulatory approvals if
necessary, research and development activities, the uncertainty of acceptance of our products by the medical community, the lengthy
sales cycle for our products, third party reimbursement, competition in our markets, including the potential introduction of competitive
products by others, our dependence on our distributors, physician training, enforceability and the costs of enforcement of our patents,
potential infringements of our patents and the other factors set forth from time to time in the Company’s filings with the United States
Securities and Exchange Commission and with the Canadian Securities Commissions. The Company has no intention of or obligation
to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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