Banyan Subsidiary Premier Medical Group Reports Significant Increases
April 15 2010 - 9:30AM
Marketwired
Banyan Corporation (PINKSHEETS: BNYND) announced that its wholly
owned subsidiary, Premier Medical Group, Inc. ("PMG"), of Boca
Raton, Florida, has reported a Q1 2010 increase of diagnostic
testing of 17.75% over the same period in 2009.
Glen Collins, Vice President of Sales for PMG, stated: "We are
very pleased with our first quarter performance this year. We had a
strong fourth quarter in 2009 which carried over nicely into the
first quarter of this year."
PMG specializes in Nerve Conduction Velocity testing across the
United States.
About Banyan Corporation:
Banyan Corporation is a publicly traded holding company focused
on investing in and building a network of operating subsidiaries
engaged in various innovative businesses. Currently the company's
subsidiaries, Premier Medical Group, Inc. and affiliated companies,
provide diagnostic testing services to physicians nationwide.
This Press Release contains or incorporates by reference forward
looking statements including certain information with respect to
plans and strategies of Banyan Corporation. For this purpose, any
statements contained herein or incorporated herein by references
that are not statements of historical fact may be deemed forward
looking statements. Without limiting the foregoing, the words
"believes", "suggests", "anticipates", "plans", "expects", and
similar expressions are intended to identify forward looking
statements. There are a number of events or actual results of
Banyan Corporation operations that could differ materially from
those indicated by such forward looking statements.
Contact: Investor Relations Michael Gelmon 1-310-909-4607
www.PMGtesting.com
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