DHS announces filing of registration statement.DALLAS--(BUSINESS WIRE)--April 25, 1996--Diagnostic Health Services health services Managed care The benefits covered under a health contract , Inc. ("DHS DHS Department of Homeland Security (USA) DHS Department of Human Services DHS Department of Health Services DHS Demographic and Health Surveys DHS Dirhams (Morocco national currency) ") (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 National Market: DHSM (common stock), DHSMW (warrants)} today announced that it has filed with the Securities and Exchange Commission a registration statement with respect to a public offering of 3,000,000 shares of Common Stock. Of the shares to be offered, 2,500,000 are to be issued and sold by the Company, and 500,000 are to offered and sold by selling shareholders. The offering will be managed by Rodman & Renshaw, Inc. Net proceeds Net Proceeds The amount received after all costs are deducted from the sale of a piece of property or security. Notes: In the case of an investor selling a security, net proceeds represent the proceeds from the sale minus any trading costs (i.e. commissions). of the offering will be used for the retirement of outstanding debt and for acquisitions, capital expenditures and working capital. DHS is a leading provider of medical outsourcing services to hospitals, physicians' offices and other healthcare facilities primarily in the Midwest and South Central United States The South Central United States, South Central states, or Midsouth is a region of the United States located in the south central part of the country. It evolved out of the archaic southwest, which originally was literally the western U.S. South. . DHS provides radiology and cardiology diagnostic services diagnostic services, n.pl the imaging and laboratory capabilities available for determining the cause of an illness. and equipment, as well as departmental management services to healthcare facilities on an in-house and shared basis. The Company also provides skilled allied heathcare personnel on a temporary basis to perform a variety of functions in hospitals, long-term care facilities, physicians' offices, clinics and home healthcare settings. The Company is headquartered in Dallas, Texas, and additionally operates in Oklahoma, Louisiana, Mississippi, Missouri, Arkansas, Illinois, Ohio, Indiana, Iowa, Michigan and Mexico City. A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under securities laws of any such state. Copies of a written prospectus, when available, may be obtained from Rodman & Renshaw, Inc., Two World Financial Center, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , N.Y. 10281. CONTACT: Max W. Batzer, Chairman/CEO Diagnostic Health Services, Inc. (214) 634-0403 or The Equity Group Inc. Linda Latman (212) 836-9609 |
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