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For Immediate Release<\/strong> Orem, Utah -2\/20\/2018<\/strong><\/em> – Turner Imaging Systems, developer of the Smart-C\u00a0battery-powered mini C-arm, announced today the successful closing of its seed\u00a0funding round. The round was completed by Radnet Management, Inc., the principal\u00a0operating subsidiary of RadNet, Inc. (NASDAQ: RDNT or \u201cRadNet\u201d), with additional\u00a0participation by Cavendish Impact Capital and private investors.<\/p>\n \u201cWe are extremely pleased to complete our funding with RadNet, which is a\u00a0national leader in providing high-quality, fixed-site outpatient diagnostic imaging\u00a0services,\u201d said Dr. D. Clark Turner, Ph.D., President & CEO of Turner Imaging Systems.\u00a0\u201cThese funds will allow completion of our Smart-C technology, which brings operating room\u00a0quality imaging into a field-portable configuration. This technology will improve\u00a0imaging capabilities world-wide, particularly in underserved regions without access to\u00a0state-of-the-art equipment.\u201d<\/p>\n Additionally, Turner has announced that John V. Crues, III MD, Vice President\u00a0and Medical Director of RadNet, has joined the Board of Directors. \u201cAs a world-renowned\u00a0radiologist, he will provide us with broad perspectives on the both the medical\u00a0and business aspects of medical imaging,\u201d stated Turner. Dr. Crues received his M.D.\u00a0at Harvard University, completed his internship at the University of Southern California\u00a0in Internal Medicine and completed a residency at Cedars-Sinai in Internal Medicine and\u00a0Radiology. Dr. Crues has authored numerous publications while continuing to actively\u00a0participate in radiological societies such as the Radiological Society of North America,\u00a0American College of Radiology, California Radiological Society, International Society for\u00a0Magnetic Resonance Medicine and the International Skeletal Society. Dr. Crues also\u00a0manages RadNet\u2019s radiology fellowship program.<\/p>\n \u201cMedical imaging continues to be a dynamic area of rapid advancements in\u00a0medicine. Turner Imaging Systems has developed the first significant new technology\u00a0in the acquisition of skeletal x-rays and fluoroscopy in many decades with the new\u00a0Smart-C battery-powered mini C-arm. I am very excited to join the Board of this\u00a0inventive company as it moves forward in revolutionizing the implementation of x-rays\u00a0throughout the medical industry,\u201d<\/em> stated Dr. Crues upon joining the Board of Directors.<\/p>\n Turner imaging Systems<\/strong> will use the proceeds from this funding round to finance\u00a0operations, continue development efforts related to its innovative technology, and\u00a0commercialization of the Smart-C Portable C-Arm upon regulatory approval from the US\u00a0Food and Drug Administration.<\/p>\n About Turner Imaging<\/strong> About RadNet, Inc.<\/strong> Ginny Rowland<\/strong> For Immediate Release 2\/20\/18 Orem, Utah -2\/20\/2018 – Turner Imaging Systems, developer of the Smart-C\u00a0battery-powered mini C-arm, announced today the successful closing of its seed\u00a0funding round. The round was completed by Radnet Management, Inc., the principal\u00a0operating subsidiary of RadNet, Inc. (NASDAQ: RDNT or \u201cRadNet\u201d), with additional\u00a0participation by Cavendish Impact Capital and private investors. \u201cWe are […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-965","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"_links":{"self":[{"href":"https:\/\/turnerimagingsys.com\/index.php?rest_route=\/wp\/v2\/posts\/965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/turnerimagingsys.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/turnerimagingsys.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/turnerimagingsys.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/turnerimagingsys.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=965"}],"version-history":[{"count":1,"href":"https:\/\/turnerimagingsys.com\/index.php?rest_route=\/wp\/v2\/posts\/965\/revisions"}],"predecessor-version":[{"id":966,"href":"https:\/\/turnerimagingsys.com\/index.php?rest_route=\/wp\/v2\/posts\/965\/revisions\/966"}],"wp:attachment":[{"href":"https:\/\/turnerimagingsys.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/turnerimagingsys.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/turnerimagingsys.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n2\/20\/18<\/strong><\/p>\n
\nTurner Imaging Systems develops and markets X-ray imaging systems that give the\u00a0user the ability to acquire X-ray images wherever and whenever they are\u00a0needed. These products expand the reach of medical imaging to the underserved and\u00a0humanitarian efforts around the world. The company is a spin-out from Turner\u00a0Innovations, LC, a developer of novel medical technologies, and is headquartered in\u00a0Orem Utah with distribution partners in Europe and Asia. (www.turnerimagingsys.com)<\/p>\n
\nRadNet, Inc. is the leading national provider of freestanding, fixed-site diagnostic\u00a0imaging services in the United States based on the number of locations and annual\u00a0imaging revenue. RadNet has a network of 298 owned and\/or operated outpatient\u00a0imaging centers. RadNet’s core markets include California, Maryland, Delaware, New\u00a0Jersey and New York. In addition, RadNet provides radiology information technology\u00a0solutions, teleradiology professional services and other related products and services to\u00a0customers in the diagnostic imaging industry. Together with affiliated radiologists, and\u00a0inclusive of full-time and per diem employees and technicians, RadNet has a total of\u00a0approximately 7,300 employees. For more information, visit www.radnet.com.
\nFor further information, contact:<\/p>\n
\nVice President of Business Development
\nTurner Imaging Systems
\n1119 South 1680 West
\nOrem, UT 84058
\n(801) 361-9809
\ngrowland@tmedtech.com
\nwww.turnerimagingsys.com<\/p>\n","protected":false},"excerpt":{"rendered":"