Newbridge Capital to Buy Imaging Companies

NEWPORT BEACH, Calif., Oct. 24 -- Newbridge Capital Inc. announced it has signed a letter of intent to acquire all of the assets and business interests of BodyScan Imaging LLC, Cardiac Imaging LLC and Imaging Center Management Inc., which own seven BodyScan Imaging Centers, which use GE Imatron electron beam tomography scanners to help detect early coronary artery disease, cancerous tumors and other potentially life-threatening diseases.

The BodyScan Imaging Centers are in Kansas City, Mo.; Scottsdale, Ariz.; Las Vegas; Tampa, Fla.; and San Antonio and Austin, Texas. The companies have selected and purchased or are in lease negotiations for facilities in Philadelphia, Penn. and Orlando and Sarasota, Fla. The companies say they anticipate having one or more BodyScan Imaging Centers in at least 40 major metropolitan areas by 2004.

For more information, visit: newbridgecm.com