PDH Announces Signing of Letter of Understanding with Assured Diagnosis Inc. to Provide Services to MyCare/Mayo Clinic Clients

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 1, 2012) -

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

Premier Diagnostic Health Services Inc. ("PDH") (CNSX:PDH) is pleased to announce that it has today signed a Letter of Understanding with Assured Diagnosis Inc. (ADI) to provide MRI and PET/CT diagnostic services to MyCare clients accessing MyCare/Mayo Clinic.

ADI has a contractual relationship with Mayo Clinic through its nationwide MyCare health benefit and insurance programs for serious illness and major orthopedic conditions. Mayo Clinic provides MyCare clients with initial diagnosis assistance, complex and multiple condition diagnosis and medical second opinions, plus medical treatment at any of 3 Mayo Clinic locations if required. MyCare programs support the Canadian public system, are collaborative with the attending Canadian physicians and in keeping with Mayo Clinic's mission statement and philosophy:

"Our intention is to provide whatever services are in the best interest of the client in an efficient and timely manner"

"The Letter of Understanding is a direct result of the recent appointment of Dr. Raj Attariwala as our Medical Director and the ensuing affiliation with the MRI clinic, AIM Medical Imaging," said Denis Tusar President and CEO of PDH. "This process has created a unique assembly of talent, experience and technology delivering state of the art services to the benefit of our patients. We are honored to be so recognized by our peers, ADI and Mayo Clinic."

As referenced in the Letter of Understanding, when requested by the attending Canadian Physician or Mayo Clinic, PDH will provide MRI and PET/CT diagnostic services best suited to the patients' needs and when in the interest of the patient, will consult directly with Mayo Clinic's physicians regarding results and/or additional studies.

PDH will work with ADI and Mayo Clinic to integrate electronic management systems to facilitate efficient scheduling, consultation and transfer of information. ADI anticipates that as a result of this agreement there will be many other opportunities that will benefit the participants of this agreement and the patients as a whole. A process will be established for regular consultation and exchange of ideas.

Please visit the company's website www.premierdiagnostics.ca and Facebook page at www.facebook.com/petctscan, or you can contact us at 604-678-9115 for more information.

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")

Premier designs, builds, finances, and manages diagnostic clinics, such as PET-CT and MRI facilities in Canada and abroad. From our "Concept Centre" in Burnaby BC Canada, we offer partnerships in Joint Ventures to hospitals seeking enhancement of their existing diagnostic facilities and patient services. We model our activities on our PDH designed joint venture MRI clinic at the No. 3 Military Police Hospital in Beijing, PRC and our PET-CT cancer imaging clinic in our Burnaby head office.

The Canadian National Stock Exchange has neither approved nor disapproved the contents of this press release.
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