LAS VEGAS - (Marketwired) â”€ March 31, 2014 - Diagnostic Imaging International Corp. (OTCQB:DIIG) ("DIIG"), a provider of advanced fixed-base and remote medical diagnostic imaging services to clients across the U.S. and Canada, today announced that it will be introducing high quality, out-patient computerized axial tomography (CT) scanning capabilities to complement existing magnetic resonance imaging (MRI) services at Schuylkll Medical Imaging ("SMI") in Pottsville, Pennsylvania.
A wholly-owned subsidiary of DIIG, SMI is the premier medical imaging facility serving patients and medical care providers in Schuylkill County, Pennsylvania; and has provided high quality medical diagnostic imaging services to patients and referring physicians in the region for more than 11 years. Accredited by the American College of Radiology, SMI has the first and only Open MRI in Schuylkill County and has earned a respected reputation within the communities it serves through its board certified radiologists, highly trained technologists, state-of-the-art medical equipment and advanced technology matched with exceptional care and service.
DIIG has completed a strategic $300,000 convertible debt financing with an accredited investor to finance the purchase of a high speed, 16-slice CT scanner and to lease and build-out new office space contiguous with SMIâ€™s current medical imaging clinic to house the new CT scanning center. Commenting on the expansion initiative, DIIG President and CEO Mitch Geisler, stated, "We expect to have SMIâ€™s new CT imaging center completed and ready to begin accepting patients within the next 90-120 days. We are excited to be offering these new services and choices to the Schuylkill County community "
Dr. John Chawluk, Medical Director of SMI, added, "Using this specialized imaging equipment, we are able to create and interpret CT scans of the human body that allow our radiologists and referring physicians to readily diagnose problems such as cancers, cardiovascular disease, infectious disese, trauma and musculoskeletal disorders. We are delighted to be integrating this in-demand diagnostic imaging capability into SMIâ€™s service platform, which will undoubtedly serve to further improve and enhance the care and medical outcomes of the patients we serve."
For additional details on the related $300,000 financing transaction, please refer to the Form 8-K filed with the U.S. Securities and Exchange Commission today, March 31, 2014.
For additional information, please contact:
Erin Palmer, Director of Client Relations
Phone: 407-585-1080 | Email: DIIG@hanoverelite.com
About Diagnostic Imaging International Corp.
Headquartered in Las Vegas, Diagnostic Imaging International Corp. ("DIIG") is engaged in providing comprehensive medical diagnostic imaging services to clients in the United States and Canada through its wholly owned subsidiaries: Custom Teleradiology Services, Inc. ("CTS") and Schuylkill Medical Imaging (SMI). Founded in 2004, CTS is a leading provider of expert remote reading and reporting of medical diagnostic imaging scans for rural hospitals, clinics and referring physicians. SMI is the premier outpatient diagnostic imaging facility serving patients in Schuylkill County, Pennsylvania; and has provided high quality medical diagnostic imaging services to the region for more than 11 years. For more information, please visit www.diig.biz.
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control Diagnostic Imaging International Corp. Such forward-looking statements are based on current expectations, estimates and projections about our industry, management beliefs and certain assumptions made by our management. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Information concerning factors that could cause the Company's actual results to differ materially from those contained in these forward-looking statements can be found in the Company's periodic reports on Form 10-K and Form 10-Q, and in its Current Reports on Form 8-K, filed with the Securities and Exchange Commission. Unless required by law, we undertake no obligation to update publicly any forward-looking statements, whether as a result of new information, future events, or otherwise to reflect future events or circumstances or reflect the occurrence of unanticipated events.