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HEALTHCARE IMAGING SERVICES, INC. REPORTS EXTENSION OF WARRANT EXERCISE PRICE PRODUCTION PERIOD

 HEALTHCARE IMAGING SERVICES, INC. REPORTS EXTENSION
 OF WARRANT EXERCISE PRICE PRODUCTION PERIOD
 SHREWSBURY, N.J., Nov. 6 /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 thirty days (until Dec. 7, 1992). The company further stated that the exercise price would return to $7 per share on Dec. 8, 1992.
 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 sixty days until Sept. 8, 1992. On Sept. 4, 1992, the company announced that the exercise price of the warrants would be reduced to $4 per share for an additional sixty days (until Nov. 7, 1992). An aggregate of 246,870 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 health care management and services company that supplies state-of-the-art health care equipment, facilities and services to physicians, hospitals and other health care providers.
 -0- 11/6/92
 /CONTACT: Calvin M. Sprung, vice president of finance of HealthCare Imaging Services, Inc., 908-542-3311/
 (HISS) CO: HealthCare Imaging Services, Inc. ST: New Jersey IN: HEA SU:


TS-OS -- NY015 -- 8099 11/06/92 10:15 EST
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Publication:PR Newswire
Date:Nov 6, 1992
Words:242
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