News

GMI Acquires TRIDENT IMAGING SERVICES

Global Medical Imaging, LLC (GMI) Acquires Trident Imaging Services
Largest independent ultrasound provider in the United States further expands its service presence and offerings.

CHARLOTTE, NC – (APRIL 2, 2010) – Global Medical Imaging, LLC (GMI) today announced that it has acquired Trident Imaging Services, based in Houston, TX. The two companies will combine to further expand their field service presence and broaden their scope of diagnostic medical imaging capabilities. The result of integrating the resources and capabilities from these two companies is a highly developed, comprehensive solution available to the medical imaging market.

Trident Imaging Services is an independent service organization with a strong track record of excellent service and repair in the areas of ultrasound and nuclear imaging. As a result of the acquisition, Trident customers will experience increased parts availability and repair capabilities for their medical imaging equipment. Will Martinez, President and founder of Trident Imaging Services, will continue to lead the Texas operation and conduct business out of the existing Texas location.

Martinez sees this as an exciting next step for Trident. “This is an opportunity to take our current operation to the next level as far as increasing our parts and repair capabilities as well as expanding the scope of equipment platforms we have full service capabilities on. By combining forces, we close the gaps for our customers and eliminate the need for them to go to more than one vendor to meet their ultrasound imaging needs. In the current economic environment, it is essential that we address the customers’ needs on every level by providing high quality, value‐added options that are focused on their ability to be productive and
profitable.”

Ryan Dienst, CEO at GMI, sees great potential by combining the two companies. “The talented people at Trident bring a lot to the table. Their experience, technical capabilities, and focus on customer service are what truly make this work. We are excited about the opportunity to integrate companies and resources to deepen our talent pool and expand our field service footprint in the Texas market. With our suite of comprehensive ultrasound services including probe repair, parts, technical support, training, system sales and field labor, we offer a very competitive ultrasound solution in this market. This is a critical step for us as we continue to fulfill our mission of “Lowering the cost of High Quality Healthcare™”.

About Trident Imaging Services
Trident Imaging Services, based in League City, TX, was founded in 2003 by Will Martinez. The Trident team has over 18 years combined technical and service experience. Trident provides high quality consultative sales, service and repair for both ultrasound and nuclear imaging equipment. Ultrasound services include parts and transducer replacement, emergency repair, PMs, and service contracts. Nuclear imaging services include parts replacement, linearity regeneration for GE Millenium, Siemens Ecam and Adac/Philips Epic, emergency repairs, PMs, and service contracts.



GMI Announces Jim Whalen as Director of Field Service

Global Medical Imaging (GMI) Announces New Director of Field Service - Jim Whalen

CHARLOTTE, NC – (JANUARY 31, 2010) – Global Medical Imaging (GMI) kicked off 2010 by announcing the addition of Jim Whalen as Director of Field Service. Whalen, whose impressive diagnostic imaging career spans over 35 years, has made his mark growing and managing diagnostic imaging field service teams at companies including Toshiba Medical, ATL Ultrasound, Philips Medical, and most recently Echoserve. During his career, he has consistently been recognized for excellence in customer service and growing successful field service divisions.

“Jim’s industry knowledge and vast experience building field service teams aligns perfectly with GMI’s goals for growing our service division. With recent additions of GMI Field Service Engineers in two new markets and plans to add a 3rd market this quarter , Jim provides the driving force we need to continue to expand our footprint both quickly and strategically,” says GMI CEO Ryan Dienst. “As the ultrasound market landscape continues to evolve and new opportunities come up, we have the right leadership and organizational structure in place to not only compete for these opportunities, but win.”

Whalen’s addition to GMI is timely, as GMI’s field service presence expands far beyond its Charlotte headquarters region and into the Baltimore/DC and Miami markets with plans for moving more resources into Dallas, TX this quarter. “GMI is positioned well in the market to offer our customers a value-added total ultrasound solution,” states Whalen. “As we continue to focus on growing the service side of the business by adding more engineers and expanding into new territories, our focus on the customer and our
commitment to exceptional quality remains central to our business and mission at GMI of “Lowering the Cost of High Quality Healthcare™.”



GMI growth capital investment

Company looks forward to accelerated growth.

CHARLOTTE NC – June 5, 2009) – Global Medical Imaging, LLC (GMI), a leading provider of diagnostic ultrasound systems and servicing, announced today that it has secured a capital investment from WJ Partners, LLC to help fund its accelerated future growth plans.

Since its inception in 2002, GMI has rapidly grown into the largest non-OEM ultrasound provider in the United States. GMI has built the leading R&D probe repair facility in the world and developed the capabilities to fully support all major manufacturer platforms found in both private practice and hospital settings, including the Philip’s iU22-iE33 platforms.

GMI’s founders, Scott Ray and Ryan Dienst, have been focused on building on these successes and extending the company’s exceptional growth. They see tremendous opportunities in the market and have secured this investment to strengthen and expand GMI’s position as the leading alternative to the OEMs in selling, supporting, and maintaining diagnostic ultrasound equipment.

In addition to retaining a significant ownership in GMI, Dienst and Ray will continue to manage the business and lead its outstanding team. The growth capital investment comes from WJ Partners, LLC, a private investment firm based in Spartanburg, South Carolina led by George Dean Johnson, Jr. and Benjamin Wall.

Founders Dienst and Ray are thrilled about the opportunity. “Securing this capital allows us to accelerate our plans to reach more customers with a cost effective solution for diagnostic ultrasound and enables us to better fulfill our mission of ‘Lowering the Cost of High Quality Healthcare’™. To be able to do this with partners like Mr. Johnson who founded or help build companies like Extended Stay America, Advance America and Blockbuster Entertainment is truly exciting.”



GMI Announces RECORD Q1 RESULTS

Global Medical Imaging (GMI) Announces Q1 2009 Results
Record First Quarter Results

CHARLOTTE, NC – (APRIL 29, 2009) – Global Medical Imaging, LLC (GMI) is pleased to announce that the company grew revenue by 12% and margins by 29% over Q1 2008. This strong growth continues in difficult economic conditions and during what is a seasonally slower quarter for GMI.

“GMI is very excited about our Q1 results” said Ryan Dienst, Managing Partner at GMI. “Our unique solutions and commitment to fanatical customer support have continued to attract new customers and to help us grow revenue and margins. These results made Q1 2009 the best quarter ever for GMI in terms of both revenue and margin. Our operational efficiency continues to improve and we have a number of new strategic customers that are driving our increased growth.”

GMI’s outlook for 2009 remains very positive with the economic environment encouraging customers to look for more cost effective ways to acquire and maintain their ultrasound assets. “Our vertically integrated, brand in-different business model gives us unique solutions for both the private practice and hospital/biomedical marketplaces” says Dienst. “We are looking for more new contracts and strong growth over the rest of 2009 as more customers seek out our ultrasound solutions.”