ADAC Signs Multi-Year Service Agreement with Serviscope.MILPITAS, Calif.--(BUSINESS WIRE)--Aug. 6, 1996--ADAC Laboratories (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ADAC ADAC Allgemeiner Deutscher Automobil Club (German automobile club) ADAC Aboriginal Drug and Alcohol Council ADAC Art Directors and Artists Club (Sacramento, California) ADAC Alcohol and Drug Abuse Council ), the world market share leader in nuclear medicine imaging nuclear medicine imaging, n the diagnostic imaging field that evaluates organ function by injecting isotopes into a structure and documenting the amount of radiation emanating from the tissues. equipment, Tuesday announced a multi-year agreement with Serviscope Corporation of Wallingford, Conn. The agreement designates ADAC to be the primary nuclear medicine service and support provider to Serviscope's extensive customer base of hospitals and multi-facility healthcare organizations within their AssetCare Technology (A.C.T.(TM)) program. Serviscope's A.C.T. program assists healthcare facilities throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. to more effectively improve their overall clinical care capabilities while reducing costs associated with acquiring, managing and maintaining diagnostic imaging equipment. This relatively new market segment, known as diagnostic imaging equipment asset management, has emerged as healthcare providers have been forced to achieve cost savings from not only better management of patients but through implementing lower cost alternatives for the products and services they require. Robert McGee, Chief Executive Officer and President, Serviscope Corporation, stated: "We selected ADAC because of their national breadth and reputation for quality. By providing training for our personnel, as well as support for our customers' nuclear medicine equipment, ADAC is assisting us in our goal to deliver cost-effective and results-oriented total equipment asset management programs to healthcare providers throughout the U.S." David Lowe
ADAC entered the multi-vendor service market with the 1995 acquisition of JD Technical Services. ADAC Laboratories is the world market share leader in nuclear medicine and a leading supplier of radiology and laboratory information systems in North America. For the second consecutive year, ADAC has received a site visit for the prestigious Malcolm Baldrige National Quality Award The Malcolm Baldrige National Quality Award is given by the United States National Institute of Standards and Technology. Through the actions of the National Productivity Advisory Committee chaired by Jack Grayson, it was established by the Malcolm Baldrige National Quality . The company headquarters is in Milpitas. CONTACT: ADAC Laboratories Kathleen Call, 408/321-9100 x2665 (investor relations Investor relations The process by which the corporation communicates with its investors. ) |
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