LAKE FOREST, Calif.--(BUSINESS WIRE)--I-Flow Corporation (NASDAQ: IFLO) announced today that it has entered into a Memorandum of Intent (the “MOI”) with HAPC, Inc. (“HAPC”) to amend the purchase price for I-Flow’s sale of its subsidiary, InfuSystem, Inc. (“InfuSystem”) to HAPC. HAPC has announced that a shareholder meeting to vote on the transaction is scheduled for September 26, 2007.
