Dynamic Healthcare acquires DMI

May 22, 1996

Dynamic Healthcare Technologies of Maitland, FL, has completedits acquisition of image management and radiology informationsystems vendor Dimensional Medicine of Minnetonka, MN.Dynamic Healthcare paid $550,000 to acquire all of DMI's outstandingcommon

Dynamic Healthcare Technologies of Maitland, FL, has completedits acquisition of image management and radiology informationsystems vendor Dimensional Medicine of Minnetonka, MN.

Dynamic Healthcare paid $550,000 to acquire all of DMI's outstandingcommon stock. Dynamic also assumed responsibility for $2.5 millionin debt and other liabilities owed by DMI. DMI posted sales of$4.5 million and a net loss of $400,000 for fiscal 1996 (end-March).

Dynamic Healthcare plans to integrate DMI's Maxifile RIS and Maxiviewimage management product with its own DynamicVision enterprise-wideelectronic health record. DMI's Minnetonka office will becomeDynamic's Radiology Technology Center.