John W. Hlywak, Jr. (Investors) Scott Soifer (Media & Physicians)
Executive Vice President & CFO Vice President Marketing & Development
IntegraMed America, Inc. IntegraMed America, Inc.
(914) 251-4143 (914) 251-4186
email: jhlywak@integramed.com email:scott.soifer@integramed.com
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Web Address: http://www.integramed.com
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IntegraMed Declares 25% Stock Split Effected in the Form of A Dividend
Purchase, NY, March 20, 2007 -- IntegraMed America, Inc. (Nasdaq: INMD), the
largest fertility services company in the United States, today announced that on
March 19, 2007 the Board of Directors of the Company declared a 25 percent stock
split effected in the form of a stock dividend.
The 25 percent stock split effected in the form of a stock dividend will result
in shareholders receiving 1.0 additional share of common stock for each four
shares owned on April 13, 2007, which was established as the record date for the
25 percent stock split effected in the form of a stock dividend. The payable
date for the 25 percent stock split effected in the form of a stock dividend was
established as May 4, 2007, with certificates issued pursuant to the 25 percent
stock split effected in the form of a stock dividend to be mailed to
shareholders on that date. No fractional shares will be issued; fractional share
amounts will be rounded to the next whole share.
As of March 19, 2007 the Company had 6,513,634 shares of common stock
outstanding. As a result of the 25 percent stock split effected in the form of a
stock dividend, after the payment day, the Company will have 8,142,043 shares of
common stock outstanding.
About IntegraMed America, Inc.
IntegraMed America, Inc. provides business services to a national network of 30
fertility centers in 86 locations across the United States; distributes
pharmaceutical products and treatment financing programs directly to consumers;
and operates the Web site http://www.integramed.com, a leading fertility portal.
The IntegraMed network includes 153 physicians and Ph.D. scientists. Network
membership is limited to one practice per metropolitan area, yet one of every
five procedures in the U.S. is performed in an IntegraMed practice. IntegraMed
provides more services to both consumers and medical providers in the fertility
field than any other consortium.
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Statements contained in this press release that are not based on historical
fact, including statements concerning future results, performance, expectations
and expansion of IntegraMed are forward-looking statements that may involve a
number of risks and uncertainties. Actual results may differ materially from the
statements made as a result of various factors, including, but not limited to,
the risks associated with IntegraMed's ability to finance future growth; the
loss of significant business services contract(s); profitability at Reproductive
Science Centers serviced by IntegraMed; changes in insurance coverage,
government laws and regulations regarding health care or managed care
contracting; and other risks, including those identified in the company's most
recent Form 10-K and in other documents filed by IntegraMed with the U.S.
Securities and Exchange Commission. All information in this press release is as
of March 20, 2007 and IntegraMed undertakes no duty to update this information.