TAMPA, Fla., April 22, 2011 /PRNewswire/ — As a result of its
recent acquisition announced yesterday of Optimum Mobile Imaging
LLC (“OMI”), iMD is actively seeking to dramatically expand
its overall Medical Diagnostics operations. Currently operating
mainly in the Phoenix area, iMD will expand OMI’s services
throughout the state. We believe we can gain traction in this
growing Medical Diagnostics market within several additional parts
of the country including FL, UT, CA and TX. With the financial
resources to attract qualified marketing representatives , iMD
hopes to have OMI operating in all these states within the next 12
months. This initial expansion should serve to multiply
revenues exponentially. Our analysis shows that Independent
Diagnostic Testing Facility (IDTF’s) such as the ones described
herein can generate annual revenues of $20 million as we increase
our penetration into each state.
Saeb Jannoun stated, “We are very pleased to be moving quickly
to fully integrate OMI and to grow our diagnostics revenues.
We are fully committed to increase shareholder value as we
grown our Medical Diagnostics group, and by seeking additional
acquisition candidates that will be accretive to earnings.”
ABOUT IMD COMPANIES, INC.
IMD Companies, Inc., (OTC MARKETS: ICBU) is a Florida
corporation, engaged in the medical diagnostics and health and
fitness industries. Its primary products and services lie in the
health and fitness nutraceutical and medical diagnostics services
markets. The company further plans to expand into the weight-loss
industry.
The company delivers its medical diagnostic services on-site
participating medical clinics and physician offices. The
nutraceutical supplements, pills, bar and gels will be marketed and
distributed through participating clinics and on-line web marketing
retail methods. The company will continue to develop its
innovative marketing strategies, including the use of
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