30 Jan 2009 07:00
Amphion Innovations plc
Funding Update
London and New York, 30 January 2009 - Amphion Innovations plc (LSE: AMP) ("Amphion" or the "Company"), the developer of medical and technology businesses, today announces that it has received a further subscription of £408,750 for the Convertible Promissory Note, first announced on 31 December 2008. This brings the total amount issued to £2,599,650 on the same terms as previously announced.
For further information please contact
Amphion Innovations Charlie Morgan +1 212 210 6224
Cardew GroupTim Robertson/ Jamie Milton/ Matthew Law +44 20 7930 0777
Charles Stanley (Nominated Adviser) Mark Taylor/ Freddy Crossley +44 20 7149 6000
About Amphion Innovations plc
Amphion (LSE: AMP) builds shareholder value in high growth companies in the medical and technology sectors, by using a focused, hands-on company building approach, based on decades of experience in both the US and UK. Amphion has significant shareholding in 8 Partner Companies, developing proven technologies targeting substantial commercial marketplaces, each in excess of $1 billion. Each Partner Company is chosen with the goal of achieving an exit valuation in excess of $100 million.
On the web: www.amphionplc.com