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November 19, 2013
Diagnostic Imaging International Corp. - 2013 Q3 Financial Results

LAS VEGAS, NEVADA -- (Marketwired - Nov. 19, 2013) - Diagnostic Imaging International Corp. (OTCQB:DIIG)(PINKSHEETS:DIIG) announced today that it has filed its 10-Q report for the third quarter of 2013.

The Company is very pleased to report that it has generated record revenues in Q3 2013. The Company is now looking to expand operations through additional acquisitions. The Company will require financing in order to complete additional acquisitions.

For Q3 2013 total Company revenues were $1.322 million. For the nine months ended September 30, 2013 total Company revenues were $3.814 million.

EBITDA for the nine months ending with the third quarter of 2013 was $0.018 per share.

"Our Q3 results demonstrate solid growth for the company following the acquisition of SMI," said Mitchell Geisler, CEO. "We are continuing our hard work on organic growth within the Company, as well as looking for new acquisition opportunities."


Financial Highlights and Breakdowns

For the three months ended September 30, 2013 revenues from teleradiology services was $847,326 compared to $846,043 for the three months ended September 30, 2012, an increase of 0.5% or $1,283. The increase in revenue from teleradiology services of 0.5% was due to a new contract.

For the three months ended September 30, 2013, revenues from medical scans services were $486,197. Due to the acquisition date of December 10, 2012 of SMI, we had no revenue from medical scans for the three months ended September 30, 2012.

For the three months ended September 30, 2013, cost of sales incurred relating to radiology services were $820,487 compared to $690,014 for the three months ended September 30, 2012, an increase of 19% or $130,473. The increase of $140,293 represents three months of operation of SMI, along with a decrease in cost of sales of CTS of 1.5% or $9,820 as a result of the decrease in system costs.

Operating expenses for the three months ended September 30, 2013 and September 30, 2012, totalled $395,178 and $152,628, respectively.

To find out more about Diagnostic Imaging International Corp. (OTCBB:DIIG), visit our website at www.diig.biz.


About DIIG
Diagnostic Imaging International Corp., ("DIIG") owns and operates CTS a Teleradiology company, and SMI an MRI clinic. Teleradiology is the process of assessing radiological patient images, such as x-rays, CTs, and MRIs, from one location to another for the purposes of interpretation and/or consultation. CTS provides remote radiology (teleradiology) technology to hospitals and practices, on-call 24 hours a day, 7days a week. CTS connects clients with a global teleradiology network, providing access to global partner facilities and American and Canadian board-certified radiologists. SMI provides full out-patient MRI diagnostic scans and results, and offers its patients both an open MRI and closed 1.5T MRI depending on needs and requirements.

This news release includes forward-looking statements that reflect Diagnostic Imaging International Corp.'s current expectations about its future results, performance, prospects and opportunities. Diagnostic Imaging International Corp. has tried to identify these forward-looking statements by using words and phrases such as "may", "will", "expects", "anticipates", "believes", "intends", "estimates", "should", "typical", "we are confident" or similar expressions. These forward-looking statements are based on information currently available to Diagnostic Imaging International Corp. and are subject to a number of risks, uncertainties and other factors that could cause the Company's actual results, performance, prospects of opportunities in the remainder of 2013 and beyond, to differ materially from those expressed in, or implied by, these forward-looking statements.

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Diagnostic Imaging International Corp. (“DIIG”) may from time to time provide links to independent web sites on the Internet containing various information content relative to the Company or its industry. The Company makes no judgment or warranty with respect to the accuracy, timeliness or suitability of the content of other services or sites to which these screens link. A link to a service or site outside of the site on which you are currently located, is not an endorsement of the service or site, its content, or its sponsoring organization. It is further understood that the materials provided on this site are for information purposes only and any references to our specific publicly traded securities contained herein, do not constitute recommendations to buy or sell stock. Any investment you make will be based solely on your own evaluation of your financial circumstances and investment objectives.

Certain statements contained on www.diig.biz, which are not based on historical facts, are forward-looking statements as the term is defined in the Private Securities Litigation Reform Act of 1995, and are subject to substantial uncertainties and risks in part detailed in the respective Company's Securities and Exchange Commission filings, that may cause actual results to materially differ from projections. Although the Company believes that its expectations are reasonable assumptions within the bounds of its knowledge of its businesses, expectations, representations and operations, there can be no assurance that actual results will not differ materially from their expectations. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include the Company's ability to execute properly its business model, to raise additional capital to implement its continuing business model, the ability to attract and retain personnel - including highly qualified executives, management and operational personnel, ability to negotiate favorable current debt and future capital raises, and the inherent risk associated with a diversified business to achieve and maintain positive cash flow and net profitability. In light of these risks and uncertainties, there can be no assurance that the forward-looking information contained on DIIG’s web site will, in fact, occur.