Alliance Imaging holds annual meeting.ORANGE, Calif.--(BUSINESS WIRE)--May 20, 1996--Alliance Imaging Inc. (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 :SCAN), the nation's largest provider of hospital-based fixed-site and mobile magnetic resonance imaging magnetic resonance imaging (MRI), noninvasive diagnostic technique that uses nuclear magnetic resonance to produce cross-sectional images of organs and other internal body structures. (MRI 1. (application) MRI - Magnetic Resonance Imaging. 2. MRI - Measurement Requirements and Interface. ) and computed tomography Computed tomography (CT scan) X rays are aimed at slices of the body (by rotating equipment) and results are assembled with a computer to give a three-dimensional picture of a structure. (CT) services, held its Annual Meeting of Shareholders on May 16 with a quorum of 95.4 percent of the shareholders present in person or by proxy. All proposals submitted to the shareholders were approved. The shareholders approved the reelection re·e·lect also re-e·lect tr.v. re·e·lect·ed, re·e·lect·ing, re·e·lects To elect again. re of five directors to serve a one-year term expiring at the Annual Meeting of Stockholders to be held in 1997. The Directors are Richard N. Zehner, chairman, president, and chief executive officer of Alliance Imaging; Vincent S. Pino, 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. of Alliance Imaging; Robert B. Waley-Cohen, chairman of Alliance Medical Ltd., in the United Kingdom; James E. Buncher, president of the Health Plans Group of Value Health Inc.; and John C. Wallace, a principal of ALPHA+ Capital Management. The shareholders approved the proposal to amend the company's 1991 stock option plan to increase the number of shares of common stock available for grant from 1 million to 2 million shares. The shareholders also ratified the selection of the firm of Ernst & Young, LLP LLP - Lower Layer Protocol as the company's independent auditors for the current year. Zehner reviewed the key elements that contributed to the company's continued growth and increased profitability for the past year, as well as the strategic acquisition programs put into place to maintain this upward trend and assist the company in maintaining and enhancing its leadership position. Alliance Imaging is a leading provider of comprehensive diagnostic imaging services to hospitals and other healthcare providers. Services are provided on either a mobile, shared-user basis or on a full-time single-user basis. The company currently operates 87 MRI and 10 CT systems nationwide. CONTACT: Alliance Imaging Inc. Terrence M. White, 714/921-5656 or South Coast Communications Group Marty Tullio (investors) Owen Daley (media) 714/252-8440 |
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