Digirad Corporation Responding to Wildfire Emergency
October 24 2007 - 12:23PM
PR Newswire (US)
Offices Closed Since Monday, Expected to Reopen Later in Week
POWAY, Calif., Oct. 24 /PRNewswire-FirstCall/ -- Digirad
Corporation (NASDAQ:DRAD), a leading provider of medical diagnostic
imaging systems and services to physicians' offices, hospitals and
imaging centers, today reported that on Monday it closed its
headquarters and manufacturing plant in Poway but plans to reopen
as soon as the wildfires are under control and the area is cleared
by fire officials. Digirad Chief Executive Mark Casner remarked:
"The safety of our employees is our primary concern, and, given the
widespread nature of these fires and their close proximity to our
offices in Poway, we voluntarily closed our facilities on Monday
and plan to reopen as soon as it is safe to do so. We can report
that the factory itself is intact and not currently impacted by any
of the fires, but anticipate some mild disruption in customer
service, particularly as it relates to parts distribution. However,
we expect to have a small crew on site on Wednesday to meet any
immediate needs. The decentralized structure of our field services
team is helping to minimize the disruptions to the usual flow of
services to our customers and partners, and we do not expect this
temporary closure to have any meaningful impact on either our
production or delivery of cameras. "While no disaster plan could
anticipate the severity of these fires, our preparedness should
allow us to return to normal in short order." Casner added, "It has
been the character and commitment of our employees that have
contributed the most to the Company's ability to respond to this
emergency and, in turn, quickly and effectively adjust to the
situation to minimize any impact to our customers. Most importantly
to those directly and personally impacted by the fires, our
thoughts and prayers go out to you." Third-Quarter Financial
Results At present, Digirad management intends to report
third-quarter financial results, as previously scheduled, on
Thursday, October 25, and hold its quarterly conference call at 8
a.m. Pacific (11 a.m. Eastern). A simultaneous web cast of the call
may be accessed online from the Events & Presentations link on
the Investor Relations page at http://www.digirad.com/; an archived
replay of the webcast will be available within 15 minutes of the
end of the conference call. A telephone replay of the call will be
available at (800) 406-7325 or (303) 590-3030, conference ID
#3793192, from approximately 2 p.m. EDT. The telephone replay will
be available until 11:59 pm EDT on October 27. About Digirad
Corporation Digirad provides diagnostic nuclear and ultrasound
imaging systems and services to physicians' offices, hospitals and
imaging centers for cardiac, vascular, and general imaging
applications. Digirad's Cardius XPO line of nuclear imaging cameras
use patented solid-state technology and unique multi (single, dual,
triple) head design for superior performance and advanced features
for sharper digital images, faster processing, compact size,
lighter weight for portability, ability to handle patients up to
500 pounds, and improved patient comfort compared to standard
nuclear cameras. Digirad's 2020tc general-purpose nuclear imager
has a small footprint and may also be configured for fixed or
mobile use to supplement primary imaging. Digirad's installed base
of equipment exceeds 450 systems; in addition, a mobile fleet of
more than 120 nuclear and ultrasound imaging systems is being used
in 22 states, primarily in the eastern, midwestern and southwestern
United States. For more information, please visit
http://www.digirad.com/. Digirad(R), Digirad Imaging Solutions(R),
and Cardius(R) are registered trademarks of Digirad Corporation.
DATASOURCE: Digirad Corporation CONTACT: investors, Dan Matsui or
media, Len Hall, both of Allen & Caron, +1-949-474-4300, for
Digirad Corporation; or Todd Clyde, Chief Financial Officer of
Digirad Corporation, +1-858-726-1600 Web site:
http://www.digirad.com/
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