Digirad Corporation Names President and Chief Executive Todd Clyde to Board of Directors

Digirad Corporation Names President and Chief Executive Todd Clyde to Board of
Directors

POWAY, Calif., Oct. 23 /PRNewswire-FirstCall/ -- Digirad Corporation
(Nasdaq: DRAD), a leading provider of medical diagnostic imaging systems and
services to physicians' offices, hospitals and imaging centers, today
announced the appointment of President and Chief Executive Officer Todd P.
Clyde to its Board of Directors, effective immediately. Clyde, 40, whose
promotion to Digirad president and chief executive officer was announced on
October 20, replaces Mark Casner, 53, who had resigned as president, chief
executive officer and director. The number of directors on the Digirad board
remains at six and consists of Clyde and five outside directors.
King Nelson, Digirad's chairman, commented: "Todd brings years of
financial and business experience to the board, and his in-depth working
knowledge of Digirad, its business and new strategy will be particularly
beneficial as the Company steps up its focus on achieving profitability and
positive cash flow. We welcome Todd as a director and look forward to working
with him in his new capacities as director and CEO in realizing the Company's
full potential and enhancing shareholder value."
Clyde joined Digirad as chief financial officer in November 2002. In
December 2007, he was promoted to executive vice president, chief financial
officer and product head. Prior to joining Digirad, he held senior executive
and senior management positions in finance and accounting at Del Mar Database,
Inc.; Verance Corporation; and I-Bus/Phoenix, a division of Maxwell
Technologies, Inc. Clyde was a senior auditor at Ernst & Young, LLP, an
international public accounting firm, and received a Bachelor of Science
degree in accounting and a Masters of Accountancy from Brigham Young
University. He is a certified public accountant and lives in San Diego, Calif.
with his family.
About Digirad
Digirad Corporation provides diagnostic nuclear and ultrasound imaging
systems and services to physicians' offices, hospitals and other medical
services providers for cardiac, vascular, and general imaging applications.
Digirad's Cardius XPO line of nuclear imaging cameras use patented solid-state
technology and unique multi (dual, triple) head design for superior
performance and advanced features for sharper digital images, faster
processing, compact size, lighter weight for portability, ability to handle
patients up to 500 pounds, and improved patient comfort compared to standard
nuclear cameras. Digirad's 2020tc general-purpose nuclear imager has a small
footprint and may also be configured for fixed or mobile use to supplement
primary imaging. Digirad's installed base of equipment exceeds 550 systems; in
addition, a mobile fleet of 158 nuclear and ultrasound imaging systems is
being used in 22 states and the District of Columbia, primarily in the
eastern, midwestern and southwestern United States. For more information,
please visit www.digirad.com. Digirad(R), Digirad Imaging Solutions(R), and
Cardius(R) are registered trademarks of Digirad Corporation.
Forward-Looking Statements
Statements in this press release that are not a description of historical
facts are forward looking statements. You can identify these statements by the
fact that they do not relate strictly to historical or current facts and use
words such as "anticipate," "estimate," "expect," "project," "intend," "plan,"
"believe" and other words and terms of similar meaning. Examples of such
forward looking statements include statements regarding cash flow,
profitability, business strategy, growth potential, and shareholder value.
Actual performance, results and benefits results may differ materially from
those set forth in this press release due to risks and uncertainties inherent
in business and economic conditions, new technology, working conditions, work
force, use of Digirad's camera systems and services, reliability, recalls, and
other risks detailed in Digirad's filings with the U.S. Securities and
Exchange Commission, including Annual Report on Form 10-K, Quarterly Reports
on Form 10-Q, Form 8-K and other reports. Readers are cautioned to not place
undue reliance on these forward looking statements, which speak only as of the
date hereof. All forward looking statements are qualified in their entirety by
this cautionary statement, and Digirad undertakes no obligation to revise or
update the forward looking statements contained herein.
Investor Contact: Company Contact:
Dan Matsui Todd Clyde, President & CEO
Allen & Caron 858-726-1600
949-474-4300 ir@digirad.com

SOURCE Digirad Corporation

Investors, Dan Matsui of Allen & Caron, +1-949-474-4300, or Company, Todd
Clyde, President & CEO of Digirad Corporation, +1-858-726-1600,
ir@digirad.com