-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FptoIYYGUMAfuV9OWbv4D5dyCHCBJgUP0+UGi61JqJO4YbZnEbqi0xir+6UQPCxP 2GFvRCS8VF+j92fBfONt0Q== 0000932799-00-000005.txt : 20000202 0000932799-00-000005.hdr.sgml : 20000202 ACCESSION NUMBER: 0000932799-00-000005 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000120 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EP MEDSYSTEMS INC CENTRAL INDEX KEY: 0001012394 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-MEDICAL, DENTAL & HOSPITAL EQUIPMENT & SUPPLIES [5047] IRS NUMBER: 223212190 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-48865 FILM NUMBER: 510289 BUSINESS ADDRESS: STREET 1: 100 STIERLI COURT STREET 2: SUITE 107 CITY: MOUNT ARLINGTON STATE: NJ ZIP: 07856 BUSINESS PHONE: 9733982800 MAIL ADDRESS: STREET 1: 58 ROUTE 46 WEST CITY: BUDD LAKE STATE: NJ ZIP: 07828 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SC FUNDAMENTAL INC CENTRAL INDEX KEY: 0000919094 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 133563937 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 712 5TH AVE 19TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 2129573500 MAIL ADDRESS: STREET 1: 712 5TH AVENUE 19TH FL STREET 2: 712 5TH AVENUE 19TH FL CITY: NEW YORK STATE: NY ZIP: 10019 SC 13G 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No.1 - Final Filing) EP MEDSYSTEMS, INC. --------------------- (Name of Issuer) Common Stock, Par Value $.001 ---------------------------------------------------- (Title of Class of Securities) 26881P103 ------------------------ (CUSIP Number) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [X] Rule 13d-1(c) [ ] Rule 13d-1(d) The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of section 18 of the Securities Exchange Act of 1934 ("Act") or to otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 of 17 Pages SCHEDULE 13G ------------------- - ----------------------- CUSIP No. 26881P103 Page 2 of 17 Pages - ----------------------- ------------------------ =============================================================================== 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The SC Fundamental Value Fund, L.P. - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 - ------------------------------------------------------------------------------- 6 SHARED VOTING POWER 221,880 - ------------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 221,880 - ------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 221,880 - ------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.0% - ------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* PN =============================================================================== SCHEDULE 13G - ------------------------------- CUSIP No. 26881P103 Page 3 of 17 Pages - -------------------------------- ------------------------------- ============ ================================================================== 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON SC Fundamental Value BVI, Ltd. - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] - ------------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION British Virgin Islands - ----------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ------------------------------------------------------------------------------ 5 SOLE VOTING POWER 0 - ----------------------------------------------------------------------------- 6 SHARED VOTING POWER 183,688 - ------------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 183,688 - ------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 183,688 - ------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.7% - ------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO =============================================================================== SCHEDULE 13G - ---------------------------- ------------------------------------ CUSIP No. 26881P103 Page 4 of 17 Pages - ---------------------------- ------------------------------------ =============================================================================== 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON SC Fundamental Inc. - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 - ------------------------------------------------------------------------------- 6 SHARED VOTING POWER 221,880 - ------------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 221,880 - ------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 221,880 - ------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.0% - ------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO ==================================================----========================= SCHEDULE 13G - ------------------------------ ---------------------------- CUSIP No. 26881P103 Page 5 of 17 Pages - ----------------------------- ---------------------------- ============================================================================ 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON SC Fundamental Value BVI, Inc. - ----------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 - ------------------------------------------------------------------------------- 6 SHARED VOTING POWER 183,688 - ------------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 183,688 - ------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 183,688 - ------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.7% - ------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO =============================================================================== SCHEDULE 13G - ----------------------------- ----------------------------- CUSIP No. 26881P103 Page 6 of 17 Pages - ----------------------------- ----------------------------- =============================================================================== 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON SC Fundamental, LLC - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION New York - ------------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 - ------------------------------------------------------------------------------- 6 SHARED VOTING POWER 221,880 - ------------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 221,880 - ------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 221,880 - ------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.0% - ------------------------------------------------------------------------------- TYPE OF REPORTING PERSON* OO =========================================================================== SCHEDULE 13G - ----------------------------------- ---------------------------- CUSIP No. 26881P103 Page 7 of 17 Pages - ------------------------------------ ---------------------------- =============================================================================== 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON SC-BVI Partners - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 - ------------------------------------------------------------------------------- 6 SHARED VOTING POWER 183,688 - ------------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 183,688 - ------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 183,688 - ------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.7% - ------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN =============================================================================== SCHEDULE 13G - ----------------------------- ------------------------------------ CUSIP No. 26881P103 Page 8 of 17 Pages - -------------------------------- ------------------------------------ =============================================================================== 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Peter M. Collery - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] - ------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------=====------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ------------------------------------------------------------------------------ NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 - ------------------------------------------------------------------------------- 6 SHARED VOTING POWER 405,568 - ------------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 405,568 - ------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 405,568 - ------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.7% - ------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN =============================================================================== SCHEDULE 13G - -------------------------------- ----------------------------------- CUSIP No. 26881P103 Page 9 of 17 Pages - -------------------------------- ---------------------------------- =============================================================================== 1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Neil H. Koffler - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] - ----------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ------------------------------------------------------------------------------- NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 - ------------------------------------------------------------------------------- 6 SHARED VOTING POWER 405,568 - ------------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 405,568 - ------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 405,568 - ------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.7% - ------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN =============================================================================== Page 10 of 17 Pages SCHEDULE 13G Item 1. (a) Name of Issuer: EP Medsystems, Inc. (b) Address of Issuer's Principal Executive Office: 100 Stierli Court Suite 107 Mount Arlington, NJ 07856 Item 2. Name of Person Filing (a) Name of Person Filing: The SC Fundamental Value Fund, L.P. ("Fund") SC Fundamental Value BVI, Ltd. ("BVI Fund") SC Fundamental Inc. ("SC") SC Fundamental Value BVI, Inc. ("BVI Inc.") SC Fundamental, LLC ("SCFLLC") SC-BVI Partners ("SC-BVI") Peter M. Collery ("Collery") Neil H. Koffler ("Koffler") (b) Address of Principal Office: 10 East 50th Street New York, New York 10022 (c) Citizenship/Organization: Fund - Delaware BVI Fund - British Virgin Islands SC - Delaware BVI Inc. - Delaware SCFLLC - New York SC-BVI Partners - Delaware Collery - United States Koffler - United States Page 11 of 17 Pages (d) Title Class of Securities: Common Stock, Par Value $.001 (e) CUSIP Number: 26881P103 Item 3. If this Statement is filed pursuant to ss.ss. 240.13(d)-1(b or 240.13d-2(b) or (c), check whether the person filing is a: If this Statement is filed pursuant to ss.240.13(d)-1(c), check this box [x]. Item 4. Ownership. I. Fund, SCFLLC and SC (a) Amount Beneficially Owned: Fund, SCFLLC and SC SCFLLC, as the general partner of Fund, and SC, as the corporate member and manager of SCFLLC, may be deemed to share with Fund the power to vote or direct the vote and to dispose or to direct the disposition of the 221,880 shares of Common Stock of which Fund is the direct beneficial owner. (b) Percent of Class: 2.0% (c) Number of Shares to Which Such Person Has: (i) Sole voting power - 0 (ii) Shared voting power - 221,880 (iii) Sole dispositive power - 0 (iv) Shared dispositive power - 221,880 II. BVI Fund, BVI Inc. and SC-BVI Partners (a) Amount Beneficially Owned: BVI Fund, BVI Inc. and SC-BVI Partners BVI Inc., as the managing general partner of SC-BVI Partners, and SC-BVI Partners, as the investment manager of BVI Fund, may be deemed to share with BVI Fund the power to vote or direct the vote and to dispose or direct the disposition of the 183,688 shares of Common Stock of which BVI Fund is the direct beneficial owner. (b) Percent of Class: 1.7% Page 12 of 17 Pages (c) Number of Shares to Which Such Person Has: (i) Sole voting power - 0 (ii) Shared voting power - 183,688 (iii) Sole dispositive power - 0 (iv) Shared dispositive power - 183,688 III. Collery and Koffler (a) Amount Beneficially Owned: Collery and Koffler Collery, by virtue of his status as principal member of SCFLLC, the general partner of Fund, and as the controlling stockholder, director and executive officer of SC, the corporate member and manager of SCFLLC, may be deemed to share with Fund, SCFLLC and SC the power to vote or direct the vote and to dispose or to direct the disposition of the 221,880 shares of Common Stock of which Fund is the direct beneficial owner. Koffler by virtue of his status as employee member of SCFLLC, the general partner of Fund, may be deemed to share with Fund and SCFLLC the power to vote or direct the vote and to dispose or to direct the disposition of the 221,880 shares of Common Stock of which Fund is the direct beneficial owner. Collery, by virtue of his status as a controlling stockholder, director and executive officer of BVI Inc., the managing general partner of SC-BVI Partners, which is the investment manager of BVI Fund, may be deemed to share with BVI Inc., SC-BVI Partners and BVI Fund the power to vote or direct the vote and to dispose or direct the disposition of the 183,688 shares of Common Stock of which BVI Fund is the direct beneficial owner. Koffler, by virtue of his status as executive officer of BVI Inc., the managing general partner of SC-BVI Partners, which is the investment manager of BVI Fund, may be deemed to share with BVI Inc., SC-BVI Partners and BVI Fund the power to vote or direct the vote and to dispose or direct the disposition of the 183,688 shares of Common Stock of which BVI Fund is the direct beneficial owner. (b) Percent of Class: 3.7% (c) Number of Shares to Which Such Person Has: (i) Sole voting power - 0 (ii) Shared voting power - 405,568 (iii) Sole dispositive power - 0 (iv) Shared Dispositive power - 405,568 Page 13 of 17 Pages Item 5. Ownership of Five Percent or Less of a Class. Fund, SCFLLC, SC, BVI Fund, BVI Inc., SC-BVI, Collery and Koffler ceased to be beneficial owners of five percent or more of the Issuer's Common Stock. Therefore, this Amendment No. 1 is a final filing. Item 6. Ownership of More Than Five Percent on Behalf of Another Person. Not Applicable. Item 7. Identification and Classification of Members of the Subsidiary Which Acquired the Securities Being Reported on by the Parent Holding Company. Not Applicable. Item 8. Identification and Classification of Members of the Group. Not Applicable. Item 9. Notice of Dissolution of Group. Not Applicable. Item 10. Certification. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purposes or effect. Page 14 of 17 Pages Signature: After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Date: January 20, 2000 THE SC FUNDAMENTAL VALUE FUND, L.P. By: SC FUNDAMENTAL, LLC., as General Partner /s/ Neil H. Koffler By: Neil H. Koffler, as Attorney-in-Fact for Peter M. Collery, Vice President (1) SC FUNDAMENTAL VALUE BVI, LTD. BY: SC FUNDAMENTAL VALUE BVI, INC., as Managing General Partner of Investment Manager /s/ Neil H. Koffler By: Neil H. Koffler, as Attorney-in-Fact for Peter M. Collery, Vice President (1) SC FUNDAMENTAL INC. BY: /s/ Neil H. Koffler Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President (1) SC FUNDAMENTAL VALUE BVI, INC. BY: /s/ Neil H. Koffler Neil H. Koffler as Attorney- in-Fact for Peter M. Collery, Vice President (1) Page 15 of 17 Pages SC FUNDAMENTAL, LLC BY: SC FUNDAMENTAL INC., AS MANAGER BY: /s/ Neil H. Koffler Neil H. Koffler as Attorney- in-Fact for Peter M. Collery, Vice President (1) SC-BVI PARTNERS BY: SC FUNDAMENTAL VALUE BVI, INC., AS MANAGING GENERAL PARTNER BY: /s/ Neil H. Koffler Neil H. Koffler as Attorney- in-Fact for Peter M. Collery, Vice President (1) /s/ Neil H. Koffler Neil H. Koffler as Attorney- in-Fact for Peter M. Collery /s/ Neil H. Koffler Neil H. Koffler (1) Executed by Neil H. Koffler as Attorney-in-Fact for Peter M. Collery. The powers of attorney for Mr. Collery were filed as Exhibit A to Amendment No. 5 to Schedule 13D relating to US Facilities Corporation on August 4, 1995 and is hereby incorporated herein by reference. Page 16 of 17 Pages Exhibit A JOINT FILING AGREEMENT In accordance with Rule 13d-1(c) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the Common Stock, par value $.001 per share, of EP Medsystems, Inc. and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filing. In evidence thereof, the undersigned, hereby execute this Agreement this 20th day of January, 2000. THE SC FUNDAMENTAL VALUE FUND, L.P. By: SC FUNDAMENTAL, LLC., as General Partner /s/ Neil H. Koffler By: Neil H. Koffler, as Attorney-in-Fact for Peter M. Collery, Vice President (1) SC FUNDAMENTAL VALUE BVI, LTD. BY: SC FUNDAMENTAL VALUE BVI, INC., as Managing General Partner of Investment Manager /s/ Neil H. Koffler By: Neil H. Koffler, as Attorney-in-Fact for Peter M. Collery, Vice President (1) SC FUNDAMENTAL INC. BY: /s/ Neil H. Koffler Neil H. Koffler as Attorney- in-Fact for Peter M. Collery Vice President (1) Page 17 of 17 Pages SC FUNDAMENTAL VALUE BVI, INC. BY: /s/ Neil H. Koffler Neil H. Koffler as Attorney- in-Fact for Peter M. Collery, Vice President (1) SC FUNDAMENTAL, LLC BY: SC FUNDAMENTAL INC., as Manager BY: /s/ Neil H. Koffler Neil H. Koffler as Attorney- in-Fact for Peter M. Collery, Vice President (1) SC-BVI PARTNERS BY: SC FUNDAMENTAL VALUE BVI, INC., As Managing General Partner BY: /s/ Neil H. Koffler Neil H. Koffler as Attorney- in-Fact for Peter M. Collery, Vice President (1) /s/ Neil H. Koffler Neil H. Koffler as Attorney- in-Fact for Peter M. Collery /s/ Neil H. Koffler Neil H. Koffler (1) Executed by Neil H. Koffler as Attorney-in-Fact for Peter M. Collery. The Powers of Attorney for Mr. Collery were filed as Exhibit A to Amendment No. 5 to the Schedule 13D relating to the US Facilities Corporation on August 4, 1995 and are hereby incorporated herein by reference. -----END PRIVACY-ENHANCED MESSAGE-----