Sept 28 (Reuters) - CloudMD Software & Services Inc DOC.V :
* CLOUDMD ACQUIRES MAJORITY INTEREST IN INNOVATIVE U.S. BASED PROVIDER OF CLOUD BASED PRACTICE MANAGEMENT AND ELECTRONIC HEALTH RECORDS WITH US$4.9M IN SALES
* CLOUDMD SOFTWARE & SERVICES INC - DEAL FOR US$4.4 MILLION PAYABLE IN CASH
* CLOUDMD SOFTWARE & SERVICES INC - ACQUISITION IS IMMEDIATELY ACCRETIVE
* CLOUDMD SOFTWARE & SERVICES INC - ANTWORKS WILL RETAIN A 12.5% EQUITY STAKE AND REMAIN A STRATEGIC PARTNER FOR CLOUDMD