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Rx MEDICAL SERVICES CORP. ACQUIRES HIGH DESERT IMAGING FOR $4.0 MILLION

 Rx MEDICAL SERVICES CORP.
 ACQUIRES HIGH DESERT IMAGING FOR $4.0 MILLION
 NEWPORT BEACH, Calif., July 24 /PRNewswire/ -- Rx Medical Services Corp. (AMEX: RXM) is pleased to announce the acquisition of High Desert Imaging (HDI). The HDI acquisition marks the company's first move into the medical diagnostic imaging business. Until now RXM's medical diagnostic business was limited to clinical laboratories.
 HDI's revenue for 1991 exceeded $3.3 million. RXM plans to upgrade the equipment at HDI and has arranged to acquire a General Electric 1.5 tesla MRI. General Electric Capital Corp. has agreed to finance the purchase of the new MRI and the cost of upgrading other imaging equipment.
 RXM stated that its last two acquisitions should cause yearly revenue to exceed $20 million. Revenue for 1991 was $2.6 million.
 -0- 7/24/92
 /CONTACT: Maurice Levy of Rx Medical Services, 714-474-3000/
 (RXM) CO: Rx Medical Services Corp.; High Desert Imaging ST: California IN: MTC SU: TNM


CH -- LA016 -- 2962 07/24/92 10:32 EDT
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Publication:PR Newswire
Date:Jul 24, 1992
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