Nationwide Imaging Services, Inc. Acquires Kosmic Medical, Inc. (dba Atlas Medical Technologies of California)

De âmbito nacional Imagem latente Serviços, Inc. Adquire Kosmic Médico, Inc. (tecnologias médicas do Atlas do DBA de Califórnia)

November 25, 2009
Major acquisition announced




Brick, NJ -- Nationwide Imaging Services is proud to announce its acquisition of Kosmic Medical, Inc. (dba Atlas Medical Technologies of California), a national provider of used medical imaging equipment. Nationwide has acquired a majority of Kosmic Medical's (dba Atlas Medical Technologies of California) California division.

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This acquisition strengthens Nationwide's ability and enables them to offer unparalleled 24-hour service and support, maintenance, installation, training and financing for all diagnostic imaging equipment throughout the United States, confirming their true leadership in used medical imaging equipment sales, service and financing. Atlas Medical Technologies of Florida LLC is not part of the acquisition but will remain a close business partner of Nationwide Imaging.

Recognizing the increasing demand for refurbished equipment-a result of the budget constraints many hospitals and imaging centers are facing
today-Nationwide's Rob Manetta saw the value of getting bigger to better serve Nationwide's globe-spanning customer base. He began a search to identify other capable companies that, like Nationwide, inspired customer confidence. "It became clear," said Mr. Manetta, "that by acquiring selected assets of Kosmic Medical (dba Atlas Medical Technologies of California), along with their service and support staff, our customers would greatly benefit from the wealth of experience present in the combined organizations. The Kosmic Medical (dba Atlas Medical Technologies of California)engineers share our values, our conscientious concern for the customer and our trademark tenacity when it comes to finding solutions."

Kosmic Medical, Inc. (dba Atlas Medical Technologies of California) is a highly respected organization known for outstanding service and ethical business practices. Kosmic Medical's (dba Atlas Medical Technologies of California) founder Rick Stockton will remain in a key position within the new organization. With over 25 years of experience in the medical equipment industry, Stockton has worked in almost all modalities Nationwide sells and now services. Terms of the deal were not disclosed.

"All of us share the understanding that quality and dependability are the backbone of a successful business", commented Senior Vice President Manetta. "Clearly, with this expansion, Nationwide wins and most of all, our customers win."