VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 3, 2012) -
NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA
Premier Diagnostic Health Services Inc. (CNSX:PDH) is very pleased to inform the public that our Joint Venture partner, the No. 3 Military Police Hospital in Beijing, has had its ranking status upgraded from a Level 2A Hospital to a Level 3A Hospital, the highest ranking for hospitals in China. This honor has been bestowed as a result of our very successful collaboration with the MRI clinic and an aggressive, ongoing improvement program initiated by the Hospital as an integral part of this Joint Venture.
"A very positive sign that our joint programs and collaborations are considered successful is the Hospital's wish to expand the relationship," said Denis Tusar, CEO and Chairman of PDH. "Discussions have now been initiated for the supply, installation, and operation of a high end CT scanner to complement the existing MRI."
Furthermore, as a result of this successful collaboration and the Hospital's initiatives, the number of outpatients served has grown to more than 800 per day, and overall revenues have tripled in the past two years. Patients are traveling from other hospitals, as well as from the countryside, to benefit from the hospital and MRI clinic's exceptional facilities and care. We are very proud that PDH has been a major contributor to No. 3 Military Hospital's significant success.
Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Premier.
About Premier Diagnostic Health Services Inc. ("PDH")
The company is engaged in developing and operating diagnostic imaging clinics in Canada and China, with a focus on PET-CT Scanning ("Positron Emission Tomography - Computed Tomography"). Premier is committed to providing the latest technology to enhance health options and owns and operates the first and only private PET-CT clinic in Western Canada as well as an MRI clinic in collaboration with Beijing AP Hospital No. 3 in China. The Centre for Advanced Diagnostics in Burnaby offers access to the most advanced medical imaging technology available in cancer care today, and is dedicated to meeting today's healthcare needs through delivering exceptional patient care.The Canadian National Stock Exchange has neither approved nor disapproved the contents of this press release.