Mr. Sanjeev Parsad reports

PREMIER DIAGNOSTIC HEALTH SERVICES INC. ANNOUNCES ANNUAL FISCAL 2014 RESULTS

Premier Diagnostic Health Services Inc. has released its results for the fourth quarter and the fiscal year ended Sept. 30, 2014.

"Fiscal 2014 was a year of significant change for the company," said Sanjeev Parsad, president and chief executive officer. "Managerial changes that facilitated a vast shift in corporate culture have led to strengthened morale and a renewed sense of fiscal responsibility throughout Premier. Every dollar we now spend has to provide a dollar in return long term. With our Burnaby and Beijing medical diagnostic clinics running consistently, alongside the substantial capital raised in our recent private placement and our investment in insurance brokerage Sequant Re, Premier is well positioned for financial stability. The board, management and employees of Premier are already focusing efforts on fiscal 2015."

The company's management's discussion and analysis and financial statements for the year ended Sept. 30, 2014, are available on SEDAR.