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Novoste Corporation (NASDAQ: NOVT) announced today that it has been unsuccessful in negotiating revised terms to its merger agreement with ONI Medical Systems, Inc. The Company stated that it had convened its shareholders' meeting on September 14, 2005, as scheduled, and adjourned the meeting to provide further time to negotiate revised terms of its merger agreement with ONI Medical Systems. Ericsson's telephony softswitch solution will provide ONI with a secure evolution from a circuit-switched to a multi-service network. |
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