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HEALTH IMAGES, INC.'S BOARD OF DIRECTORS AUTHORIZES COMMON STOCK REPURCHASE

 HEALTH IMAGES, INC.'S BOARD OF DIRECTORS
 AUTHORIZES COMMON STOCK REPURCHASE
 ATLANTA, April 27 /PRNewswire/ -- Health Images, Inc.'s (NASDAQ: HIMG) board of directors has authorized the repurchase of up to 1 million shares of the company's common stock in open market or in privately negotiated transactions.
 The board made the following statement: "The board of directors of Health Images, Inc. expresses its confidence in the long-run future of the company. In authorizing this repurchase, the board remains mindful of the numerous investment opportunities available to the company. The board concludes, however, that in view of the company's strong cash position, excellent balance sheet (including over $21 million in cash and marketable securities) and $35 million in undrawn bank lines of credit, that the company's stock repurchase program will not preclude other investment opportunities which may be available to the company."
 As of March 16, Health Images had 12,342,667 shares of common stock issued and outstanding.
 Health Images, Inc. operates 34 magnetic resonance imaging (MRI) centers and one radiation oncology center, manufactures MRI scanners and provides MRI equipment maintenance and medical construction services to third-party clients.
 -0- 4/27/92
 /CONTACT: Robert D. Carl III, president and chairman, or Laura J. Werner, director of Shareholder Relations of Health Images, 404-587-5084/
 (HIMG) CO: Health Images, Inc. ST: Georgia IN: MTC SU: OFR


BR-BN -- AT001 -- 2933 04/27/92 08:18 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Apr 27, 1992
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