Premier Diagnostic Health Services Inc.

Premier Diagnostic Health Services Inc.

January 27, 2015 20:00 ET

Premier Diagnostic Health Services Inc. Announces Annual Fiscal 2014 Results

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 27, 2015) -


Premier Diagnostic Health Services Inc. ("Premier" or the "Company") (CSE:PDH), a medical diagnostics company, released its results for fourth quarter and the fiscal year ended September 30, 2014.

"Fiscal 2014 was a year of significant change for the Company," said Sanjeev Parsad, President and CEO. "Managerial changes that facilitated a vast shift in corporate culture have lead to strengthened morale and a renewed sense of fiscal responsibility throughout Premier. Every dollar we now spend has to provide a dollar in return long-term. With our Burnaby and Beijing medical diagnostic clinics running consistently, alongside the substantial capital raised in our recent private placement and our investment in insurance brokerage Sequant Re, Premier is well positioned for financial stability. The Board, management and employees of Premier are already focusing efforts on Fiscal 2015."

The Company's MD&A and financial statements for the year ended September 30, 2014 are available on SEDAR at

About Premier Diagnostic Health Services Inc.

Premier is a Canadian company that provides, through its subsidiaries, advanced medical diagnostic tools using PET/CT technology and/or MRI technology and related diagnostic skills in Canada and in the People's Republic of China, in partnership with local medical professionals, public and private investors, hospitals and clinics. The Company's mission is to provide physicians and other health care professionals with exceptional diagnostic information that will assist them in making medical decisions that lead to better outcomes for their patients. The Company's approach involves building long-term relationships regarding management, quality, and financial services that are necessary to build, operate and grow the diagnostic capacity and capability of hospitals and clinics worldwide.

On behalf of the Board of Directors

Sanjeev Parsad, President, CEO and Director

The Canadian Securities Exchange (CSE) has not reviewed the adequacy or the accuracy of the contents of this document. Company information can be viewed here: Further information regarding the Company can be found on SEDAR at

Legal Notice Regarding Forward Looking Statements: This news release contains "forward-looking statements" within the meaning of applicable Canadian securities legislation. Forward-looking statements are indicated expectations or intentions. Forward-looking statements in this news release include that every dollar spent by the Company must provide an equal return and that the Company is well positioned to be financially stable. Factors that could cause actual results to be materially different include but are not limited to the following: that the nature of Premier's spending policy will change and that the Company may not be or remain financially stable despite its medical diagnostic centers running consistently. Investors are cautioned against placing undue reliance on forward-looking statements. It is not our policy to update forward looking statements.

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