UTAH MEDICAL PRODUCTS,
INC. CORPORATE HEADQUARTERS |
PRESS RELEASE Utah Medical Products, Inc. Extends
Tender Offer Contact: Paul Richins Salt Lake City, Utah - Due to the nearness of the Companys expected July 20 public announcement of second quarter 1999 financial results and the July 9 expiration date of UMs Tender Offer for 800,000 of its Shares at $8.00 per share, UM announces that it will extend the Tender Offer expiration date by two weeks to July 23 to allow shareholders the opportunity to receive UMs most current financial results prior to deciding whether or not to tender their shares. In conjunction with the time extension, the Company also will increase the number of shares being sought in the Tender Offer to 1,000,000 shares from 800,000 shares under the terms of the Offer filed with the SEC and previously mailed to shareholders. Utah Medical Products, Inc., with particular interest in healthcare for women and their babies, develops, manufactures, assembles and markets a broad range of disposable and reusable specialty medical devices designed for better health outcomes for patients and their care-providers. |