Viking Systems, Inc. (VKNG.OB) Secures $5 Million Equity Line
Viking Systems Inc. is a leading worldwide developer, manufacturer and supplier of 2D and 3D visualization solutions for the medical market. The company provides surgeons with proprietary visualization systems enabling minimally invasive surgical procedures that reduce patient trauma and recovery time. The company announced today that it has entered into an investment agreement for a $5 million equity line with Dutchess Opportunity Fund. Dutchess Capital is an investment manager which provides creative financing for promising, growth-stage companies. Under terms of the agreement, Dutchess has committed to purchase up to $5 million of the company's stock over thirty-six months. While the…