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Peer Review acquired all of the issued and outstanding common stock of Key Vista for $4,188,350 comprised of $113,350 in cash, 200,000 shares of PRVW restricted common stock and a $75,000 note due in quarterly installments commencing January 2011.
Once the Key Vista applications are available throughout the PRVW organization, doctors will be able to turn over the 'business of medicine' to medical business experts with an arsenal of weapons for innovation, technology and new practice protocols for more efficient and cost effective management," Mr.
Key Vista is expected to be fully integrated into the PRVW organization and add immediate revenue as of the fourth quarter.