TAMPA, Fla., May 4, 2011 /PRNewswire/ -- As a result of its
recent acquisition of Optimum Mobile Imaging LLC ("OMI"), iMD is on
track to double revenues in the second quarter of 2011 over the
last quarter of 2010. The addition of OMI has expanded iMD's
overall diagnostics accounts even while being currently limited to
the Phoenix area. As we
expand, we expect to exponentially increase revenues and
earnings.
Saeb Jannoun stated, "We are very
pleased with the revenue figures and anticipate that this trend
will continue for the foreseeable future. We feel we will continue
to increase shareholder value by growing revenue through our
current acquisitions as well as additional acquisition candidates
that will be accretive to earnings."
ABOUT IMD COMPANIES, INC.
iMD Companies, Inc., (OTC MARKETS: ICBU) is a Florida corporation, engaged in the medical
diagnostics and health and fitness industries. Its primary products
and services lie in the health and fitness nutraceutical and
medical diagnostics services markets. The company further plans to
expand into the weight-loss industry.
The company delivers its medical diagnostic services on-site
participating medical clinics and physician offices. The
nutraceutical supplements, pills, bar and gels will be marketed and
distributed through participating clinics and on-line web marketing
retail methods. The company will continue to develop its
innovative marketing strategies, including the use of social
networking vehicles.
Safe Harbor Statement:
Certain statements made in this press release constitute
forward-looking statements that are based on management's
expectations, estimates, projections and assumptions. Words such as
"expects," "anticipates," "plans," "believes," "scheduled,"
"estimates" and variations of these words and similar expressions
are intended to identify forward-looking statements.
Forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995,
as amended. These statements are not guarantees of future
performance and involve certain risks and uncertainties, which are
difficult to predict. Therefore, actual future results and trends
may differ materially from what is forecast in forward-looking
statements due to a variety of factors. All forward-looking
statements speak only as of the date of this press release and the
company does not undertake any obligation to update or publicly
release any revisions to forward-looking statements to reflect
events, circumstances or changes in expectations after the date of
this press release.
www.imdcompanies.com
SOURCE iMD Companies, Inc.