Alliance Imaging holds annual meeting.ORANGE, Calif.--(BUSINESS WIRE)--May 20, 1996--Alliance Imaging Inc. (NASDAQ:SCAN), the nation's largest provider of hospital-based fixed-site and mobile magnetic resonance imaging (MRI) and computed tomography (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 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 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 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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