DALLAS, Texas 3/17/2009 2:03:35 AM
News / Finance

Diagnostic Imaging International (DIIG) Acquires Canadian Teleradiology Services, Article Posted on BeaconEquity.com

BeaconEquity.com announces the publication of an article covering Diagnostic Imaging International’s acquisition of Canadian Teleradiology Services.

 

Investors can view all of the investment articles for free by visiting: http://www.beaconequity.com/m

 

In the article the author writes:

 

Diagnostic Imaging International Corp. (OTCBB: DIIG), a provider of quality MRI services company, today announced it has completed the acquisition of Canadian Teleradiology Services (CTS), an arrangement first announced Sept. 25, 2008.  Details of acquisition include the purchase of all CTS outstanding shares.  Additional terms of the deal can be found in the company's Form-8-K, filed on March 5, 2009.

 

CTS expects revenues to double in 2009:

 

CTS is a provider of remote professional radiology services –referred to as teleradiology –to hospitals and clinics throughout the United States and Canada 24 hours per day, 7 days per week.  Teleradiological services allow medical facilities to send MRI and CT scans to CTS through the Internet to a central location of professional radiology staff whereby a staff member interprets the diagnostic information and sends back the results to the client medical facility. … According to a company news release, CTS revenues are expected to double in 2009 from a current revenue base of more than $800,000.

 

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Source: BeaconEquity.com

 

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