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The non-invasive nature of nuclear medicine imaging systems makes itfavorable for physicians and patients alike, and demand for nuclear medicineis dramatically on the rise. The North American Nuclear Medicine Market earnedrevenues of over $18 billion in 2007 and is bound to reach $20 billion in2014, according to estimates by Frost & Sullivan.
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"Since diagnostic imaging is the precursor to nuclear imaging, our JV withAdvanced Nuclear is ideal for extending the doctor referral network," saidGraham Williams, CEO of Bederra Corporation. "Combined with our recent JV withBasic Solutions, Inc., Lumar is creating a synergistic platform tocost-effectively create new sales opportunities to drive shareholder value. Weanticipate this JV will bring an additional $1 Million to Lumar's annualrevenues."
Advanced Nuclear Consultants, LLC is based in Houston, Texas and providesnational sales, service and technical support for nuclear imaging systems. Thecompany specializes in nuclear medicine consulting for private practice,diagnostic imaging centers and hospitals. For more information, visithttp://www.ancmedical.com/.
"Our joint venture is a monumental occasion for us and we are all excitedabout the long-term opportunities to better serve our community withexceptional levels of health care services through Lumar Imaging, Inc.," saidRichard Armijo, president of Advanced Nuclear Consultants, LLC.
Lumar Imaging is a six-year old facility that provides MRI, CT, Ultrasoundand Pain Management services to the greater Houston area and is locatedadjacent to the world famous Texas Medical Center.
About Bederra Corporation
Bederra Corporation, through its wholly owned subsidiaries Diagnos, Inc.and Lumar Imaging, Inc., provides multiple modality diagnostic medical imagingservices to the greater Houston area and the world famous Texas MedicalCenter. The Company's business strategy is to continue to expand its currentoperations and seek out additional acquisitions that will complement its coreofferings.
Under The Private Securities Litigation Reform Act of 1995: The statementsin the press release that relate to the company's expectations with regard tothe future impact on the company's results from new products and services indevelopment, including any planned acquisitions, are forward-lookingstatements within the meaning of the Private Securities Litigation Reform Actof 1995. The results anticipated by any or all of these forward-lookingstatements may not occur. The Company undertakes no obligation to publiclyrelease the result of any revisions to these forward-looking statements thatmay be made to reflect events or circumstances after the date hereof, or toreflect the occurrence of unanticipated events or changes in the Company'splans or expectations.
SOURCE Bederra Corporation
