American Shared Hospital Services Reports Federal Trade Commission Request.SAN FRANCISCO--(BW HealthWire)--June 1, 1998--American Shared Hospital Services (AMEX/PCX:AMS AMS - Andrew Message System for common stock) Monday said that it has received a request from the Federal Trade Commission for additional information in connection with American Shared's proposed sale of its medical diagnostic imaging assets to an affiliate of Alliance Imaging Inc. The sale was announced on March 12, 1998. American Shared said today that it will respond promptly to the request, and that the Company continues to believe that the transaction will close during the third quarter of 1998. American Shared Hospital Services is a diversified diversified (di·verˑ·s medical services company, with interests in mobile and shared diagnostic imaging, insurance services and (through its 81% equity interest in GK Financing, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control ) radiosurgery radiosurgery /ra·dio·sur·gery/ (-ser´jer-e) surgery in which tissue destruction is performed by means of ionizing radiation rather than by surgical incision. services. Headquarters are in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden .
CONTACT: American Shared Hospital Services
Richard Magary, 415/788-5300 (8 a.m.-6 p.m. M-F)
415/658-8003(after hours)
415/431-2359 (home)
www.ashs.com
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