NOVARAD Radiology Technologies Selected by GPO, MAGNET American Fork, Utah, July 19, 2010 – MAGNET Cooperative (Mid-Atlantic Group Network of Shared Services) a group purchasing organization (GPO) of comprised of 9,500 healthcare members in the northeastern United States awarded NOVARAD a three-year vendor contract. “The main factors MAGNET uses to gauge a good fit between a vendor’s products and our members’ equipment needs are price, quality, reliability and service,” said Steven R. Duke, vice president and COO of MAGNET. “NOVARAD has a reputation of developing radiology solutions that work exceedingly well, offer a very affordable total cost of ownership and has excellent customer service. Additionally, despite the challenging economic climate, NOVARAD has continued to grow. This combination gave us the confidence that it was the right radiology technology partner for us.” Under the agreement, MAGNET’s member organizations will have access to NOVARAD’s complete radiology product line: NOVAPACS, its flagship web-based PACS product NOVARIS scheduling, reporting and billing CLINICPACS orthopedic PACS CARDIOPACS cardiology PACS for all cardiovascular modalities NOVAMG breast imaging viewer. FDA 510(k) cleared the IHE compliant, it supports multi-modality viewing and iCAD structured reports. NOVAPRO, a PACS/RIS built specifically for radiologist groups and singleuser radiologists that read for multiple hospitals, clinics and imaging centers. NOVAVAULT vendor –neutral archive service. On-site and off-site storage and off-line disaster recovery of data. “Being selected by MAGNET, one of the oldest, largest and most experienced shared services organizations in the country, is tremendous,” said Bob Ahlman, senior vice president of sales at NOVARAD. “The northeast region has been a big growth area for us over the past few years and our new affiliation with MAGNET will now more fully allow us to reach facilities that have a shared interest in acquiring state-of-the art products that deliver a quick return on their investment. We look forward to providing these facilities with the technologies and services to help them work faster, better and more cost effectively.” About MAGNET Cooperative, Inc. Located in Mechanicsburg, PA, MAGNET (Mid-Atlantic Group Network of Shared Services) www.magnetgroup.com, through it’s Member Organizations (HCSC, JPC / CSC, CHA SSP, MONOC and SOHCA) has served hospitals, alternative care facilities, and physician practices and clinics since 1979, bringing quality products and cost advantages to their participating facilities. MAGNET’s participating facilities include more than 600 acute-care hospitals, nearly 800 long-term care facilities, more than 7,200 physician offices and clinics, and more than 700 residential/assisted living centers and other allied providers. About NOVARAD Corporation For more than a decade, NOVARAD, www.novapacs.com, has filled the niche of providing a full range of affordable PACS, RIS, orthopedic, cardio and mammography systems, DR and peripherals to hospitals, clinics and imaging centers. The privately owned company based in American Fork, Utah currently has installations of its product at more than 600 sites worldwide. Press Contacts: Paul Shumway, NOVARAD Corporation, pauls@novarad.net, 877-668-2723 Stephanie Miller, NOVARAD Corporation PR, smiller@ppbh.com, 801-487-4800 x141