
MarCap to Provide Financing Program for Digirad
Manufacturer of nuclear cameras to offer financing to its customers through MarCap
Chicago - June 16, 2005 - MarCap Corporation, a leading finance company that specializes in healthcare equipment financing, announced today that it has signed an agreement with Digirad Corporation to provide financing for Digirad's customers. Based in Poway, California, Digirad (NASDAQ: DRAD) is a leading designer, developer and manufacturer of nuclear cameras. MarCap will work with Digirad's direct sales force to provide equipment financing for hospitals, imaging centers and physician offices.
“Digirad customers can now buy their equipment and finance it through one source,” says Justin Tabone, MarCap’s director of strategic accounts. “This can facilitate Digirad in selling its equipment and providing its customers with a simple solution for financing a nuclear camera purchase.”
“We selected MarCap because it will provide attentive service and flexible financing options to our customers across the country,” says Todd Clyde, Digirad chief financial officer. “MarCap is committed to providing a high standard of quality in responsiveness and turnaround to our customers, which is something Digirad prides itself on.”
The two companies will market the financing program under the MarCap brand through Digirad's sales force.
About MarCap
For over 30 years, MarCap has provided creative, flexible financing solutions for outpatient imaging centers, surgery centers and hospitals. The company offers quick turnaround, competitive rates and flexible terms.
About Digirad
Digirad Corporation develops, manufactures and markets solid-state, digital gamma cameras to hospitals, imaging centers and physician offices. Digirad offers a comprehensive line of solid-state nuclear gamma cameras that produce a high-quality image for use in the detection of many medical conditions, including cardiovascular disease. Digirad's cameras are unique as their lightweight and compact design allows them to fit easily into small office spaces. Through its wholly owned subsidiaries, Digirad Imaging Solutions and Digirad Imaging Systems, Digirad also offers a comprehensive and mobile imaging leasing and services program for physicians who wish to perform nuclear cardiology procedures in their offices but do not have the patient volume, capital or resources to justify purchasing a gamma camera. Digirad Corporation and subsidiaries are headquartered in Poway. For more information, please visit www.digirad.com. Digirad® and Digirad Imaging Solutions® are registered trademarks of Digirad Corporation.
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