LAS VEGAS, NEVADA--(Marketwired - May 20, 2013) - Diagnostic Imaging International Corp. (DIIG) announced today that its wholly-owned subsidiary, Canadian Teleradiology Services ("CTS"), has signed a new client hospital in Ontario, Canada.
CTS has signed a three year contract with a new client hospital to provide teleradiology services. The contract was signed in April, at which time CTS began preparation for reporting for the new client. Hardware has now been installed, software is now being tested, and radiologists are finalizing the credentialing process. Full time service will begin in June.
The contract specializes in emergency after hours CT service. CT's are a high paying modality that will benefit CTS. Once again, CTS has been able to demonstrate that we are a leading supplier and solution for remote rural hospitals to help ensure they can service their communities properly. CTS service will allow the hospital to offer its patients the ability to provide emergency care on a 24 hour 7 day a week cycle.
CTS is continuing to grow by aggressively adding new client contracts and increasing radiologist reading revenue.
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.