Alliance Imaging Announces Promotion of Michael F. Frisch to Executive Vice President and Chief Operating Officer.ANAHEIM, Calif. -- Alliance Imaging, Inc. (NYSE NYSE See: New York Stock Exchange :AIQ AIQ Analytical Instrument Qualification AIQ Available in Quarters AIQ Action Internet Québec AIQ Allowance Item Quantity AIQ Analyst Interest Queue AIQ Algebraic Integer Quantization ), a leading national provider of diagnostic imaging services, today announced the promotion of Michael F. Frisch to the role of Executive Vice President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , effective January 5, 2007. In his new role, Mr. Frisch will be responsible for company-wide sales, operations, marketing, business development, operations, and human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. . Mr. Frisch joined Alliance Imaging in November 2002 and currently serves as Senior Vice President, Southeast Region. Mr. Frisch will assume the role to be vacated by Andrew P. Hayek, Alliance's President and Chief Operating Officer. As previously announced, Mr. Hayek submitted his resignation effective January 5, 2007 to pursue an opportunity with DaVita, Inc. "It is my privilege to announce the appointment of Michael Frisch to the role of Executive Vice President and Chief Operating Officer. Michael has demonstrated outstanding leadership in his role as Alliance's Senior Vice President of the Southeast Region and I expect the same level of commitment and effectiveness as he assumes his new duties next year," stated Paul Viviano, Chairman of the Board and Chief Executive Officer. "It is an honor to be appointed Executive Vice President and Chief Operating Officer of Alliance. I look forward to continue working closely with the Alliance management team to carry on our company initiatives and expand our presence in the PET/CT PET/CT Positron Emission Tomography and Computed Tomography , fixed-site, and radiation therapy markets. I am grateful to work with such an outstanding team, and look forward to working together with Paul and the Alliance Board of Directors in shaping Alliance's future," stated Frisch. About Alliance Imaging Alliance Imaging is a leading national provider of shared-service and fixed-site diagnostic imaging services, based upon annual revenue and number of diagnostic imaging systems deployed. Alliance provides imaging and therapeutic services primarily to hospitals and other healthcare providers on a shared and full-time service basis, in addition to operating a growing number of fixed-site imaging centers. The Company had 494 diagnostic imaging systems, including 334 MRI 1. (application) MRI - Magnetic Resonance Imaging. 2. MRI - Measurement Requirements and Interface. systems and 71 PET or PET/CT systems, and served over 1,000 clients in 43 states at September 30, 2006. Of these 494 diagnostic imaging systems, 74 were located in fixed-sites, which includes systems installed in hospitals or other buildings on or near hospital campuses, medical groups' offices, or medical buildings and retail sites. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. This press release contains forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof here·of adv. Of this. hereof Adverb Formal or law of or concerning this Adv. 1. hereof - of or concerning this; "the twigs hereof are physic" . These statements involve risks and uncertainties that could cause actual results to differ materially from those projected. For a complete list of risks and uncertainties, please refer to the Risk Factor section of the Company's Form 10-Q Form 10-Q See 10-Q. for the quarter ended September 30, 2006 filed with the Securities and Exchange Commission. |
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