Metiscan Refines Direction of Parent and Managed Services Subsidiary

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Wed Jun 24, 2009 2:15pm EDT

  DALLAS, TX, Jun 24 (MARKET WIRE) -- 
Metiscan, Inc. (PINKSHEETS: MTIZ), a holding company focused on growing
its organization by making key acquisitions and developing companies and
emerging technologies, today announced that the Company has refined the
direction of its parent Company and managed services subsidiary.
Coinciding with the refinement of the Company's direction, Metiscan
Managed Services, Inc. has been renamed FirstView EHR, Inc. to better
define the Company's end-to-end IT services for diagnostic imaging
facilities.

    Metiscan, the parent company, with its newly outlined direction is focused
on growing its organization by making key acquisitions and developing
companies and emerging technologies. Metiscan is actively seeking
acquisition candidates that will add to the Company's overall valuation.
Metiscan's management is most interested in pursing technologies and
businesses related to mobile products and services. Metiscan has updated
its corporate website www.metiscan.com to better reflect its new
direction.

    Metiscan Managed Services has changed its company name to FirstView EHR,
Inc. (FirstView), www.firstviewehr.com. FirstView is focused on providing
end-to-end IT services for diagnostic imaging facilities including
web-based electronic healthcare records (EHR), workflow efficiency, PACS
administration, long-term archiving, professional IT services and
strategic consulting. FirstView differentiates itself from its
competitors by providing comprehensive IT services in addition to its
traditional hosted information management, teleradiology, and archive
solution. FirstView enables diagnostic imaging facilities to focus on
providing high quality patient care, increasing productivity, while
reducing operating expenses.

    Bryan A. Scott, President & CEO of Metiscan, Inc., commented, "These
changes put Metiscan in a better position to expand its organization and
increase its valuation. We have sharpened our focus and our subsidiary's
focus."

    Iain Shigeoka, Ph.D., President & CEO of FirstView EHR, Inc., a wholly
owned subsidiary of Metiscan, further added, "I believe the direction that
FirstView EHR has chosen is more in line with our customers needs. Based
on feedback from our customers and potential customers, we are now
directly addressing their largest concerns with supporting electronic
health records. Diagnostic imaging centers specialize in tending to
patient care, not IT or electronic health record storage and retrieval.
That's where we step in and deal with all of the IT headaches and
maintenance so our customers can focus on their business."

    About Metiscan, Inc.

    Metiscan, Inc. is a holding company focused on growing its organization by
making key acquisitions and developing companies and emerging
technologies. Previously, Metiscan had been focused on healthcare related
businesses and is currently pursuing acquisitions and opportunities
related to healthcare and non-healthcare mobile products and services.

    Metiscan operates FirstView EHR, Inc., a wholly owned subsidiary, that
provides end-to-end IT services for diagnostic imaging facilities
including web-based electronic healthcare records (EHR), workflow
efficiency, PACS administration, long-term archiving, professional IT
services and strategic consulting. Metiscan also operates Schuylkill Open
MRI, Inc., a majority owned subsidiary that is an independent diagnostic
testing facility (IDTF) providing Magnetic Resonance Imaging (MRI)
services.

    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
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.

    

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