Mediware (MEDW) Adds $3.3M to Buyback

October 16, 2008 8:59 AM EDT

Mediware Information Systems, Inc. (NASDAQ: MEDW) announced today that the Company's board of directors has authorized an expansion of its stock repurchase program by about $3.3 million.

In total, the Company has been authorized to repurchase up to $7.3 million under the plan. The repurchases can be made at the discretion of the President and Chief Executive Officer or Chief Financial Officer of the Company. The Company has no obligation to repurchase shares under the program.

Mediware Information Systems, Inc. develops, markets, licenses, implements, and supports clinical management information solutions in the United States and the United Kingdom.


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