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Procyon Corporation PCYN (.46), a Clearwater, Florida-based company whose subsidiaries include Amerx Health Care Corporation  and Sirius Medical Supply  announced today that the Board of Directors of the Company approved a plan on December 8, 2007 to repurchase shares of Procyon Corporation’s outstanding common stock. The repurchase plan authorizes management to repurchase from time to time up to 10% of the total outstanding shares of common stock as of December 8, 2007, subject to applicable SEC regulations and compliance with the Company’s trading window policies.

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