AOI Aoi (Regs)

    RNS Number : 8222W
  AOI Medical, Inc.
  16 June 2008
   

    AOI Medical, Inc.

     ("AOI Medical" or "the Company")
    Issue of share options and payments to Licensor

    London, UK, 16 June 2008 - AOI Medical Inc. (the "Company" or "AOI") (AIM: AOI), the medical device company focusing on innovative
orthopaedic medical devices for the spine and trauma markets, announces that it has paid US$51,390 in cash and issued stock options over
13,242 common shares to one of AOI Medical's intellectual property licensors ("Licensor") for AOI Medical's successful achievement of a
milestone pursuant to a license agreement between AOI Medical and the Licensor executed on 1 January 2006. 

    Under the licence agreement, AOI Medical has been granted an exclusive worldwide right to exploit certain patents, patent applications
and know-how of the Licensor within the field of vertebral body compression fracture technology subject to AOI Medical making certain
license payments upon the achievement of specific milestones.

    Enquiries:

 AOI Medical Inc.          Tel: +1 407 770 1800
 William J. Christy, CEO
 Angela Johnston, CFO 

 Financial Dynamics        Tel: +44 (0) 20 7831 3113
 Ben Atwell
 Susan Quigley

 Numis Securities Limited  Tel: +44 (0) 20 7260 1000
 David Poutney
 Brent Nabbs

    Background to AOI Medical Inc.
    AOI Medical is a medical device company focussing on the development and commercialisation of innovative orthopaedic medical devices for
the spine and trauma markets.  It is progressing the development of three separate technology platforms: Ascendx* VCF Reduction System, BAMF
Trauma and Cervical Plate. Further information can be found at www.aoimedical.net

This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
MSCEASKKFEAPEFE

Aoi (Regs) (LSE:AOI)
Historical Stock Chart
From Feb 2025 to Mar 2025

Aoi (Regs) (LSE:AOI)
Historical Stock Chart
From Mar 2024 to Mar 2025