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INSIGHT HEALTH CORP. ACQUIRES EAST BAY MEDICAL IMAGING, LLC OF SAN RAMON, CALIFORNIA Acquisition Strengthens its Presence in Northern California Marketplace LAKE FOREST, Calif. … March 15, 2006 … InSight Health Corp. (InSight), a national provider of diagnostic imaging services, announced today the completion of its acquisition of East Bay Medical Imaging, LLC of San Ramon, Calif., on March 1, 2006. East Bay Medical Imaging, located at 2242 Camino Ramon, Suite 100, specializes in the provision of diagnostic imaging services, specifically magnetic resonance imaging (MRI). In connection with the acquisition, InSight has partnered with radiologists Geoffrey Riley, M.D. and Hank Chen, M.D. Drs. Riley and Chen will serve as radiologists for the East Bay Medical Imaging center. Additionally, they will also serve as radiologists for InSight’s Advanced MRI of Pleasanton center, effective June 1, 2006. Advanced MRI of Pleasanton is located about ten miles from East Bay Medical Imaging at 4211 Rosewood Drive, Suite 5, Pleasanton. InSight operates eight additional imaging centers in Northern California, including centers in Fremont, Hayward, Los Gatos, Redwood City, Sacramento and San Francisco. The East Bay Medical Imaging center services patients in several communities throughout the East Bay including: San Ramon, Danville, Walnut Creek, Alamo, Concord, Pleasanton, Livermore and Dublin. "The acquisition of East Bay Medical Imaging is a key to the growth of our imaging network in that it complements our current, strong Northern California presence. Our management had previously identified the East Bay area of Northern California as a key market for growth and expansion. This acquisition allows InSight to further expand its footprint in this important market," noted Louis S. Schnierer, Jr., Ph.D., InSight’s area vice president – enterprise development for Northern California. "Furthermore, this acquisition allows us to forge an important partnership with Drs. Riley and Chen. These skilled and well respected radiologists truly understand and value the importance of delivering quality, integrated radiology and consultancy services; and, it is these services that have differentiated them in the San Ramon marketplace to date. Their consistently high quality imaging interpretation and consultancy services focuses on the importance of the patient and their referring physician. Now, we will work together to grow the business even further based on their personal and consultative approach," Schnierer concluded. Dr. Chen added. "Our foremost priority is making certain that the physicians and patients that we serve are appropriately cared for and receive the attention they deserve. We recognize that the service we deliver is as important as the technology we employ to obtain results. By partnering with InSight in San Ramon and Pleasanton, we can enhance the offering we bring to doctors and patients through the provision of personalized service and novel technologies. We look forward to establishing a long and productive relationship with InSight and to better serving the East Bay medical community." Dr. Chen is a graduate of the University of California at Los Angeles (UCLA) School of Medicine and completed his residency at Washington University in St Louis. Dr. Riley graduated from the Creighton University School of Medicine in Omaha and completed his residency at University of California at Davis. Both are assistant clinical professors at University of California at San Francisco (UCSF). InSight, headquartered in Lake Forest, California, provides diagnostic imaging and information, treatment and related management services. It serves managed care entities, hospitals and other contractual customers in more than 30 states, including the following targeted regional markets: California, Arizona, New England, the Carolinas, Florida and the Mid-Atlantic states. As of December 31, 2005, InSight’s network consisted of 111 fixed-site centers and 120 mobile facilities. For more information, please visit www.insighthealth.com. Forward-Looking Statements Statements contained herein that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. When used herein, forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of InSight to be materially different from historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates" or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in InSight’s filings with the Securities and Exchange Commission. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results. # # # |