TORONTO, Jan. 8 /PRNewswire-FirstCall/ - Med-Emerg International Inc. (OTCBB:MDER) ("MedEmerg"), one of Canada's leading providers of health services, is pleased to announce that its shareholders have voted in favour of the previously announced plan of arrangement (the "Arrangement") with AIM Health Group Inc. ("AIM") at a special meeting of MedEmerg's shareholders held in Toronto today. In excess of 90% of the votes cast at the meeting were in favour of the Arrangement.
The completion of the Arrangement remains subject to a final hearing by the Ontario Superior Court of Justice, currently expected to take place on January 13, 2009, and satisfaction of certain additional closing conditions.
About Med-Emerg International Inc.
MedEmerg specializes in the coordination and delivery of health care services in Canada. These services include an integrated chronic pain management program, community-based infusion centers and health human resource management, including physician and nurse staffing.
MedEmerg's audited revenue for its fiscal year ended December 31, 2007 was approximately US$22 million.
Caution Concerning Forward-Looking Statements
Certain statements in this press release are forward-looking statements, including, but not limited to, those relating to the proposed transaction, the timing of the closing of the proposed transaction and other statements that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "plan", "expect", "believe", "intend", "anticipate", "forecast", "target", "estimate" and similar expressions identify forward-looking statements. Forward-looking statements are based on assumptions made by and information currently available to MedEmerg. Investors are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These risks and uncertainties are outlined in MedEmerg's Annual Report on Form 10-K for 2007, and such other documents as are filed with the Securities and Exchange Commission from time to time. MedEmerg does not undertake to review or update these forward-looking statements. MedEmerg qualifies all of the information contained in this press release, and particularly its forward-looking statements, by these cautionary statements.
Additional information about the risks and uncertainties of AIM's and MedEmerg's business is provided in their respective disclosure materials filed with the securities regulatory authorities in Canada, available at www.sedar.com.
SOURCE Med-Emerg International Inc.