PRS Announces Strong First Quarter and Year-Over-Year Growth
Provo, Utah - April 15, 2006 - Professional Radiology Solutions (PRS) announced today that revenue growth for the first quarter of 2006 was nearly 50 percent over the previous quarter's revenues. PRS is anticipating that its annual growth in 2006 will be 130 to 150 percent over 2005. PRS was cash flow positive in 2005 and continues to add to its bottom line by increasing both its gross and operating margins.
"We have built a strong set of radiology solutions and we are finding that the market is very receptive to what we can provide," said Joseph Nemelka, CEO of PRS. "We expect to continue our growth in the 2nd quarter and throughout 2006. Our pipeline is strong for equipment, PACS and professional services. We are also set on expanding outside of our core southeastern sales regions in 2006."
About Professional Radiology Solutions
Professional Radiology Solutions (PRS) offers affordable solutions that help small and medium-sized hospitals, specialty clinics and imaging centers improve the standard of patient care. PRS' solutions include equipment, such as MRI, CT, Ultrasound and CR; nighthawk and overread services, and workflow consulting. PRS is headquartered in Provo, Utah and can be located online at www.proradsol.com.