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HEALTHCARE IMAGING SERVICES, INC. ANNOUNCES EXTENSION OF WARRANT EXERCISE PRICE REDUCTION PERIOD

 MIDDLETOWN, N.J., Nov. 8 /PRNewswire/ -- HealthCare Imaging Services, Inc. (NASDAQ: HISS), announced today that it has extended the period of time during which the exercise price of its Redeemable Common Stock Purchase Warrants would be reduced from $7 to $4 per share for an additional 30 days (until Dec. 8, 1993), at which time the exercise price will return to $7 per share.
 On July 10, 1992, the company had announced that the exercise price of the warrants was being reduced from $7 to $4 per share for a period of 60 days until Sept. 8, 1992. Since July 10, 1992, the exercise price of the warrants has been reduced from $7 to $4 per share. As of the date hereof, an aggregate of 316,670 common shares have been issued upon exercise of warrants during the period in which the exercise price of the warrants has been reduced.
 HealthCare Imaging Services, Inc. is a healthcare management and services company that supplies state-of-the-art healthcare equipment, facilities and services to physicians, hospitals and other healthcare providers.
 -0- 11/8/93
 /CONTACT: Calvin M. Sprung, vice president - finance of HealthCare Imaging Services, 908-224-9292/
 (HISS)


CO: HealthCare Imaging Services, Inc. ST: New Jersey IN: HEA SU:

TW-GK -- NY027 -- 1652 11/08/93 10:01 EST
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Publication:PR Newswire
Date:Nov 8, 1993
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