Home | Business News | Browse by Publication | B | Business Wire

BioWave Innovations, LLC & ComVest Capital, LLC to Invest $1.5 Million in AFP Imaging Corporation for Growth & Expansion.

Publication: Business Wire
Publication Date: 23-JUN-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
ELMSFORD, N.Y. -- AFP Imaging Corporation (OTCBB: AFPC.OB) is pleased to announce that it has received a $1.5 Million investment in growth capital and debt restructuring from BioWave Innovations, LLC and ComVest Capital, LLC. In conjunction with the transaction, R. Scott Jones, Managing Director of BioWave Innovations, will assume the role of Chairman of the Board of Directors of AFP Imaging Corporation. David Vozick and Donald Rabinovitch, the founders of the Company, will remain on the Board of Directors and will retain their roles as Chief Executive Officer and President of the Company respectively.

As part of the transaction, Jack Becker and Robert Blatt, current Board...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Business Wire
SofTech in Business 40 Years., June 23, 2009
Putnam Announces Dividend Rates for Open-End Funds., June 23, 2009
John Hope Franklin, Julia W. Taylor Given First Mechanics and Farmers ..., June 23, 2009
STRATEGY ANALYTICS: Orange, O2 Propose Longer Contracts to Reduce Chur..., June 23, 2009
Micromem Subsidiary and Norwegian EM Technology Accelerate Development..., June 23, 2009

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.