Dental Products Developer Holds Private Stock Sale

Dental/Medical Diagnostic Systems Inc., Woodland Hills, has received equity funding in a private placement, selling approximately 216 million shares of common stock and warrants to purchase up to 719,101 shares of common stock for $1.92 million. The proceeds will be used for new product marketing and as working capital.

Dental/Medical Diagnostic Systems develops and markets products used in dentistry, including a digital X-ray system.