DALLAS, Nov. 30 /PRNewswire-FirstCall/ -- Radiologix, Inc. (Amex: RGX)
announced today that Executive Vice President and Chief Operating Officer,
Sami S. Abbasi, has been named President and Chief Executive Officer effective
immediately. Mr. Abbasi will also be appointed to the Radiologix Board of
Directors.
(Photo: http://www.newscom.com/cgi-bin/prnh/20041130/DATU031 )
An original member of Radiologix's executive team, Mr. Abbasi served as
Senior Vice President and Chief Financial Officer from the company's founding
in 1996 through December 1999, leading Radiologix through its successful
startup and initial public offering. He rejoined the company in December 2000
as Executive Vice President and Chief Financial Officer, and was an essential
driver in developing and implementing an improved financial structure for the
company. Mr. Abbasi was appointed Executive Vice President and Chief
Operating Officer in October 2003 and has played an integral role in leading
Radiologix's improving operational and financial performance over the last
year.
"Sami has played a critical and unique role in the evolution of
Radiologix. He possesses a thorough knowledge of our marketplace and
understanding of our key drivers for success. Most importantly, Sami has the
respect and trust of our many stakeholders," said Radiologix Chairman, Marvin
S. Cadwell. "The Board of Directors and I have great confidence in Sami's
ability to lead the company, and are looking forward to working with him in
developing growth strategies for Radiologix."
"I am grateful to have the opportunity to lead a company that I helped
start, whose mission and core values I strongly believe in, and at which I
have worked for much of my professional career. I'm excited about our future
and the prospect of working with our 2,200 dedicated employees and affiliated
radiologists across the country to ensure that we are providing outstanding
diagnostic expertise and service to referring physicians and responsive and
compassionate care to patients," Mr. Abbasi said. "We will continue to
concentrate on how to improve Radiologix's performance, and build on the
positive momentum that we have started to experience this year, while we
thoughtfully and deliberately develop and explore strategies for future
growth."
About Radiologix
Radiologix (http://www.radiologix.com ) is a leading national provider of
diagnostic imaging services, owning and operating multi-modality diagnostic
imaging centers that use advanced imaging technologies such as positron
emission tomography ("PET"), magnetic resonance imaging ("MRI"), computed
tomography ("CT") and nuclear medicine, as well as x-ray, general radiography,
mammography, ultrasound and fluoroscopy. The diagnostic images created, and
the radiology reports based on these images, enable more accurate diagnosis
and more efficient management of illness for ordering physicians. Radiologix
owned or operated 88 diagnostic imaging centers located in 13 states as of
September 30, 2004.
SOURCE Radiologix, Inc.
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Related links: http://www.radiologix.com
Photo Notes: NewsCom: http://www.newscom.com/cgi-bin/prnh/20041130/DATU031 NewsCom: http://www.newscom.com/cgi-bin/prnh/19991026/RLGXLOGO AP PhotoExpress Network: PRN8 AP Archive: http://photoarchive.ap.org PRN Photo Desk, photodesk@prnewswire.com
CONTACT: Paul R. Streiber, Investor Relations of Radiologix, Inc., +1-214-303-2702, or paul.streiber@radiologix.com
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