July 19, 2009 Diagnostic Imaging International Corp.; Rated 'Speculative Buy,' Target Price $0.78 by Beacon Equity Research
DALLAS (July 19, 2009) - Diagnostic Imaging International Corp. (OTCBB: DIIG) has been rated Speculative Buy with a price target of $0.78 by Beacon Analyst, Victor Sula, Ph.D.
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In the report, the analyst writes, "DIIG plans to build a network of imaging clinics and is actively pursuing acquisitions of existing, profitable private clinics in major metropolitan areas across Canada, while expanding its CTS business segment. The Company plans to focus primarily on Magnetic Resonance Imaging (MRI) clinics. As its network grows, DIIG may add Computed Tomography (CT) scan equipment to its facilities. É
"In April 2009, CTS secured contracts to supply teleradiology services to 10 additional hospitals in Ontario. Night time and weekend service has already begun, and early feedback from the hospitals has been very positive. With these new contracts, CTS expects to double monthly study reads, significantly expand revenues and quickly achieve profitability."
Other companies providing radiology technology services: NightHawk Radiology Holdings Inc. (NHWK), Virtual Radiologic Corp. (VRAD0, Health Fitness Corp. (FIT) and RadNet Inc. (RDNT).
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SOURCE: Diagnostic Imaging International Corp.
BeaconEquity.com Jeff Bishop, (469)-252-3505 press@beaconequity.com www.BeaconEquity.com or Diagnostic Imaging International Corp. Richard Jagodnik CEO (866) 233-2005 Richard@diig.biz
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