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Base Ten debt issue raises $10 million

Article

Base Ten Systems last week completed the sale of a convertiblesubordinated debenture that raised $10 million for the Trenton,NJ, company. Base Ten plans to use proceeds of the issue to funddevelopment and marketing of its Pharmasyst pharmaceutical

Base Ten Systems last week completed the sale of a convertible

subordinated debenture that raised $10 million for the Trenton,

NJ, company. Base Ten plans to use proceeds of the issue to fund

development and marketing of its Pharmasyst pharmaceutical manufacturing

execution system, as well as its uPACS ultrasound miniPACS archiving

product. Base Ten received 510(k) clearance for several uPACS

components in June (SCAN 7/17/96).

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