Premier Diagnostic Health Services Inc.
CNSX : PDH

Premier Diagnostic Health Services Inc.

July 14, 2014 12:42 ET

Premier Diagnostic Health Services Inc. Announces New Director and Officer Appointments and Option Grant

BURNABY, BRITISH COLUMBIA--(Marketwired - July 14, 2014) -

NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA.

Premier Diagnostic Health Services Inc. ("Premier" or the "Company") (CSE:PDH) is pleased to announce the appointment of a new member to its board of directors and the appointment of a new officer. Effective as of July 11, 2014, Alnesh Mohan, CA replaces Geoffrey Waters as a director of Premier. Mr. Waters resigned from the board of Premier on June 26, 2014 to focus on his role at Premier's Vancouver diagnostic center and will continue to serve as President, General Manager and director of Premier's wholly-owned subsidiary, Premier Diagnostic Center (Vancouver) Inc.

Mr. Mohan is a Chartered Accountant and has almost 20 years of accounting, auditing, and tax experience providing advisory services to a wide array of clients. Acting on behalf of several public companies listed on the TSX Venture Exchange, Mr. Mohan has considerable experience in financial reporting, corporate governance and regulatory compliance. He is a founding partner of Quantum Advisory Partners LLP and worked for over a decade with several large public accounting firms. Most recently he spent four years with KPMG LLP in Vancouver as a tax manager providing corporate and personal tax consulting and compliance services to clients both in Canada and the United States.

Sanjeev Parsad, a director of the Company, was appointed as Chief Operating Officer of Premier effective June 26, 2014.

The Company further announces that, subject to any required regulatory approval, it has granted a total of 900,000 options to purchase common shares of the Company at an exercise price of $0.05 to directors and officers pursuant to the Company's stock option plan. This action is being taken in conjunction with the appointment of new directors and officers of the Company as announced on June 9, 2014.

About Premier Diagnostic Health Services Inc. ("PDHS")

PDHS 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 professional 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

Denis Tusar, President and CEO

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

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