IMGG's first-quarter 2010 revenues decrease 18%: MicroStockProfit.com

MicroStockProfit.com announces an investment report featuring Imaging3 Inc. (OTCBB:IMGG). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.

The full report is available at: www.microstockprofit.com/lp/IMGG

Imaging3 Inc. (IMGG) is a medical device manufacturer, distributor and third-party service provider of medical equipment, parts and services to hospitals, surgery centers, research labs, physician offices and veterinarians. The Company has developed a technology, known as Dominion, which utilizes photo-fluoroscopy to produce three dimensional (3D) medical diagnostic images in real time. IMGG is also a remanufacturer of C-arms. The Company offers new, demonstration, remanufactured, refurbished and pre-owned systems in all price ranges from every manufacturer, including OEC, General Electric (GE), ISI, Philips, Siemens, FluoroScan, XiScan and Ziehm. The Company supplies full-size, compact and mini C-arms. The Company was formerly known as Imaging Services Inc. and changed its name to Imaging3 Inc. in August 2002 to position the Company for its future direction, away from service and toward providing proprietary medical imaging products. 

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In the report, the analyst notes:

"IMGG had revenues in the first quarter of 2010 of $265,586 compared to $314,369 in 2009, which represents an 18% decrease. The decrease in revenue is due in part to the Company's focus on obtaining approval for its new proprietary medical device but this year it intends to focus on the marketing, sale and provision of historic products and services as well.  

"IMGG, developer of a breakthrough medical imaging device that produces 3D medical diagnostic images of virtually any part of the human body in real-time, announced recently that a new video has been provided on the Company's Investor Forum Web site. The video features a tour of the Imaging3 facility led by Dean Janes, chairman and CEO of IMGG. In the video, Janes also demonstrates the DViS's multi-modality capabilities, which include 2D, 3D real-time and CT slice imagery."