ZONARE Medical Systems, Inc. Cancels $86.25 Million IPO  
12/18/2008 7:55:58 AM

Zonare Medical Systems Inc., a Mountain View, Calif.-based developer of ultrasound systems for diagnostic imaging, has withdrawn registration for an $86.25 million IPO. It had planned to trade on the Nasdaq under ticker symbol ZONE, with Citi and Piper Jaffray serving as co-lead underwriters.