Digirad Corporation Sells Arizona, Nevada Service Hubs
March 04 2009 - 4:35PM
PR Newswire (US)
POWAY, Calif., March 4 /PRNewswire-FirstCall/ -- Digirad
Corporation (NASDAQ:DRAD), a leading provider of diagnostic imaging
products and personnel and equipment leasing services that improve
patient care while driving positive healthcare economics, today
reported that it has sold the assets related to its Arizona and
Nevada service hub locations. The asset purchase agreement with
Ohio-based Antigua Medical Services LLC calls for the sale of
portable nuclear imaging cameras, vans and related equipment, and
the assignment of certain customer contracts of the former Digirad
service hub locations in Las Vegas, Phoenix and Tucson. Antigua
Medical Services is committed to providing outstanding customer
care and advanced imaging equipment manufactured by Digirad.
Digirad CEO Todd Clyde said, "Our strategy is to focus on a core
group of DIS (Digirad Imaging Solutions) locations in order to
facilitate improved utilization and profitability and this
agreement is another important step in that direction. With this
sale, our goal of hub realignment and consolidation is well on its
way to completion and we expect to conclude the program in the
coming months." He continued, "Antigua Medical Services was a
natural choice as a buyer because of its commitment to customer
service with an employee-oriented culture. We look forward to a
continued and supportive business relationship with Antigua Medical
Services." Daniel Rice, Managing Member of Antigua Medical Services
commented, "We are excited about the opportunity in front of us and
believe we can build on the success and quality-of-service
reputation Digirad has created at these Arizona and Nevada
locations. We plan to continue providing excellent service for the
customers that will be served by Antigua Medical Services." About
Digirad Corporation Digirad provides medical diagnostic imaging
systems and personnel and equipment leasing 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 600 systems;
in addition, a mobile fleet of more than 145 nuclear and ultrasound
imaging systems is being used in 21 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. Investor Contact: Company
Contact: Matt Clawson Todd Clyde Allen & Caron Chief Executive
Officer 949-474-4300 858-726-1600 DATASOURCE: Digirad Corporation
CONTACT: Investors, Matt Clawson of Allen & Caron,
+1-949-474-4300, for Digirad Corporation; or Company, Todd Clyde,
Chief Executive Officer of Digirad Corporation, +1-858-726-1600 Web
Site: http://www.digirad.com/
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