Mr. Sanjeev Parsad reports

PREMIER DIAGNOSTIC HEALTH SERVICES INC. ANNOUNCES SECURITIES ISSUANCE

Premier Diagnostic Health Services Inc. has issued a total of 9,196,885 common shares following receipt of notices of warrant exercise from certain warrantholders of the company. A total of 9,196,885 common shares are issuable upon the exercise. All the warrantholders are insiders of the company and are subject to a hold period expiring on Feb. 25, 2015.

Following the exercise, Corner Market Capital Corp. (CMCC), an insider of the company, indirectly owns and exercises control and direction over 45,707,935 common shares of the company, being 35.09 per cent of the issued and outstanding common shares on an undiluted basis. CMCC is a private company of which Sanjeev Parsad and Alnesh Mohan are majority shareholders, and directors and officers. Mr. Parsad is the president and chief executive officer, and a director of Premier. Mr. Mohan is a director of Premier.