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INTERNATIONAL RESEARCH LABORATORY CONSUMMATES SHARE EXCHANGE WITH DIAGNOSTIC HEALTH SERVICES

      INTERNATIONAL RESEARCH LABORATORY CONSUMMATES SHARE EXCHANGE
                  WITH DIAGNOSTIC HEALTH SERVICES
    DALLAS, Nov. 11 /PRNewswire/ -- International Research Laboratory, Inc. (IRL), today announced that it has consummated a share exchange with Diagnostic Health Services, Inc. (DHS), a privately held Texas- based provider of ultrasound diagnostic services.  As a result of the transaction, DHS has become a wholly owned subsidiary of IRL, the former shareholders of DHS have received shares of IRL constituting 87.2 percent of the total outstanding shares of IRL, and management of DHS has become management of IRL.  IRL will now change its name to Diagnostic Health Services, Inc.
    IRL's securities are presently traded in the over-the-counter market, and are quoted in the daily pink sheets.
    -0-                  11/11/91
    /CONTACT:  Max Batzer, chairman, 212-420-8930, or Brad Hummel, president, 214-634-0403, both of DHS/ CO:  Diagnostic Health Services, Inc.; International Research
     Laboratory, Inc. ST:  Texas IN:  HEA SU:  TNM GK-OS -- NY050 -- 3073 11/11/91 13:30 EST
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Publication:PR Newswire
Date:Nov 11, 1991
Words:158
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