MediVision Medical Imaging Ltd. ("MV", EURO.NM: MEDV) announced today, June 29th, 2009 that it signed an Asset Purchase Agreement ("APA") on June 24, 2009 with its US subsidiary Ophthalmic Imaging Systems ("OIS", OTCBB: OISI), under which OIS will acquire certain assets and assume certain liabilities from MV. In parallel, OIS announced that it has signed a share purchase agreement ("SPA") with U.M. AccelMed, Limited Partnership for a $6.0 million private placement of the Company's common stock and warrants to be completed in two installments.
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