MedicVision shares spike on US marketing deal

MedicVision shares spike on US marketing deal

MedicVision (ASX:MVH), soon to be renamed Media3Corp, has announced that its marketing subsidiary cBox has scored a deal worth $1 million per year.

The company has arranged to provide a marketing fax distribution service for a large US company, which MedicVision declined to name for confidentiality and competitive advantage reasons.

MedicVision executive chairman Jitto Arulampalarm said that while the $1 million value is nice, “the really exciting prospect is having secured another large US client.”

MVH shares are today trading 20% higher at $0.078.

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Tags MedicVisionbusiness dealscBoxASX:MVHJitto Arulampalarm

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