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Oxford Finance Provides $3 Million Growth Capital Loan to Avantis Medical Systems

November 09, 2011

ALEXANDRIA, VA, November 9, 2011 – Oxford Finance LLC (“Oxford”), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced that it closed a $3 million senior secured term loan with Avantis Medical Systems, Inc. Proceeds of the loan are being used for working capital and to support the Company’s ongoing launch of its FDA‐cleared product, Third‐Eye® Retroscope®. This device has been shown to enhance polyp detection when used in conjunction with a colonoscope by providing a retrograde view of the lining of the colon.

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