Metiscan, Inc. Completes Acquisition of Two Diagnostic Imaging Facilities

DALLAS, TX--(MARKET WIRE)--Dec 31, 2008 -- Metiscan, Inc. (Other OTC:MTIZ.PK - News) today announced that it has completed the acquisition of two outpatient diagnostic imaging facilities which exclusively provide Magnetic Resonance Imaging (MRI) services. The first facility is located in Corpus Christi, Texas and the second facility is located in Pottsville, PA. More information regarding the facilities and the details of the transaction shall be provided in the future.

About Metiscan, Inc.

Metiscan, Inc. is a national provider of products and services that streamline the management and operation functions of diagnostic imaging facilities, radiology groups, in-office imaging groups, small hospitals and physician offices. Metiscan’s keystone product is a web-based radiology information system that interfaces Radiology Information System (RIS), Teleradiology and PACS (Picture Archiving and Communication System) for its clients. Metiscan also provides information management and operations support for diagnostic imaging facilities through complete revenue cycle management, electronic medical records or EMR, medical transcription services and functional training as needed.

Safe Harbor Statement: Certain of the statements made in this press release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Metiscan’s actual results to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. In addition to statements that explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms “believes,” “belief,” “intends,” “anticipates” or “plans” to be uncertain and forward-looking. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.

Contact:

Contact: Investor Relations David Donlin Cervelle Group Phone: 407-475-9966

Source: Metiscan, Inc.

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