DHS announces listing on NASDAQ National Market and completion of acquisition of Pediatric Echocardiographic Diagnostics.DALLAS--(BUSINESS WIRE)--Jan. 22, 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 its acceptance for listing on the NASDAQ National Market where its common stock and publicly traded warrants begin trading today. The Company also announced the acquisition of Pediatric pediatric /pe·di·at·ric/ (pe?de-at´rik) pertaining to the health of children. pe·di·at·ric adj. Of or relating to pediatrics. Echocardiographic Diagnostics, Inc. (PEDI PEDI Pediatric Evaluation of Disability Inventory PEDI Protocol for Electronic Data Interchange ). Terms were not disclosed. Max W. Batzer, Chairman and Chief Executive Officer, commented, "With our acceptance for trading on the NASDAQ National Market, we have joined an elite group of publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. . NASDAQ National Market listing provides important benefits for our Company and its security holders. Our securities are now marginable and the exposure afforded by NASDAQ National Market will result in a higher degree of trading liquidity. DHS securities are now eligible for purchase by a broader range of investment management funds and achieve wider recognition through the increased information available to the investing public. For an acquisition-oriented company, whose common stock is its primary currency, achieving this milestone should result in many transactional benefits as we profitably grow our Company by continuing to execute our business plan." Mr. Batzer further commented, "The acquisition of PEDI provides us with a unique capability particularly suited to outsourcing by our hospital client base. We look forward to rapidly expanding client access to this modality throughout our entire operating area. PEDI helps us to continue to increase the breadth of our diagnostic capabilities." PEDI, which had been privately owned, is a Dallas-based company that specializes in neonatal diagnostics. DHS is engaged as an outsource manager of radiology and cardiology departments, and provides shared ultrasound and nuclear imaging services, temporary staffing of physical/occupational therapists, and other allied healthcare professionals. In addition, the Company performs consulting services to healthcare providers relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the development of radiology and cardiology facilities. The Company is headquartered in Dallas, Texas “Dallas” redirects here. For other uses, see Dallas (disambiguation). The City of Dallas (pronounced [ˈdæl.əs] or [ˈdæl. , and additionally operates in Oklahoma, Louisiana, Mississippi, Missouri, Arkansas, Illinois, Indiana, Ohio, Michigan, Iowa and Mexico City. CONTACT: Max Batzer, Chairman/CEO The Equity Group Inc. Diagnostic Health Services Linda Latman (212) 836-9609 (214) 634-0403 Bob Goldstein (212) 371-8660 |
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