Sydney - Wednesday - September 13: (RWE Aust Business News)...

Sydney - Wednesday - September 13: (RWE Aust Business News) -
Vision Systems (ASX:VSL) said today, in response to a confidential
preliminary and incomplete proposal from Cytyc Corp - a Nasdaq-listed
company from the USA - it has permitted that company to undertake certain
due diligence in relation to Vision.
It siad this action was taken in good faith to satisfy what the
Vision board considers to be its fiduciary and statutory duties.
The efforts are preliminary and incomplete, and there is no
certainty that any definitive proposal will be made.
Vision has entered into a merger implementation agreement with
Ventana Medical Systems Inc (Ventana) under which Ventana will acquire
for cash all of Vision's shares for $2.13 each and Vision will redeem and
cancel all of its unsecured notes for $2.73 each.
Scheme meetings are to be held on or about November 2, with the
final court hearing scheduled for about November 10.