Miracor Diagnostics Inc. Announces Appointment of Ross S. Seibert as Chief Financial Officer

Business Wire, March 2, 2000

Business Editors

SAN DIEGO--(BUSINESS WIRE)--March 2, 2000

Miracor Diagnostics Inc. (OTCBB:MRDG) announced today the appointment of Ross S. Seibert to chief financial officer.

M. Lee Hulsebus, chairman and chief executive officer of Miracor Diagnostics Inc., stated," I am delighted we were able to attract an executive of this caliber to assist us in our efforts to improve the performance and to grow the company through our planned roll-up/acquisition strategy of MRI centers."

Seibert will have the responsibility for all financial functions including accounting, treasury, tax, SEC reporting, investor relations, and acquisition due diligence. He will also assist in all funding activities.

Seibert has extensive experience with Deloitte & Touche, LLP. He is a graduate of Indiana University and has his MBA in finance from San Diego State University. He is also a certified public accountant.

Miracor Diagnostics Inc. provides "Open" MRI imaging services through its ownership and operation of sites in the Midwest and Southeast regions of the United States.

Statements contained in this press release, which are not historical, are forward looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on the company's expectations are subject to a number of risk and uncertainties, including but not limited to economic, competitive and other factors affecting the company's operations, markets, expansion strategies, available financing, government regulations involving the company, and other factors discussed in the company's filings with the Securities and Exchange Commission.