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MRI MEDICAL DIAGNOSTICS ANNOUNCES AGREEMENT TO OPEN MRI CENTER IN SACRAMENTO

 MRI MEDICAL DIAGNOSTICS ANNOUNCES AGREEMENT
 TO OPEN MRI CENTER IN SACRAMENTO
 SAN DIEGO, June 11 /PRNewswire/ -- MRI Medical Diagnostics Inc. (NASDAQ: MRMD) announced today that it has executed a Letter of Intent with J.J. Parker, M.D. and Resonex Corp. to form a new entity to open the Sacramento Imaging Center. The 2,200-square-foot center is located at 2801 J St. in Sacramento, Calif.
 The center is expected to commence operations in October of 1992. Management believes that gross revenues for 1993 should be $2.1 million - $2.5 million resulting in a net income of $650,000 - $800,000. This should add $325,000 - $400,000 net income to MRI Medical Diagnostics Inc. in 1993 for its majority interest in the center.
 The Sacramento Imaging Center is the fourth of several acquisitions planned with the first two quarters of 1992 and the third venture with Resonex Corp. MRI MD expects to close this transaction within 30 days.
 MRI Medical Diagnostics Inc. develops, finances, owns and operates outpatient health care facilities specializing in state-of-the-art magnetic resonance imaging centers.
 -0- 6/11/92
 /CONTACT: Arthur E. Quillo, president of MRI Medical Diagnostics, 619-296-5090/
 (MRMD) CO: MRI Medical Diagnostics; Resonex Corp. ST: California IN: HEA MTC SU:


EH-KJ -- SD001 -- 9084 06/11/92 08:31 EDT
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Publication:PR Newswire
Date:Jun 11, 1992
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