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[QUOTE]Originally posted by Jo4321: [QB] News.... Banyan Corp's Premier Medical Group Recognized as Nation's Leading Electro Diagnostic Testing Centers Last update: 5/3/2007 8:00:12 AM LOS ANGELES, May 03, 2007 (BUSINESS WIRE) -- Banyan Corporation (BANY), franchisors of nationally branded Chiropractic USA clinics, and owner of Premier Medical Group and Virtual Medical Systems, Inc. (VMS), announced that its subsidiary, Premier Medical Group has added 75 new physician groups able offer its unique testing services. This would increase Premier Medical Groups physician data-base to over 4300 in number. Michael Gelmon, Banyan CEO, speaking to analysts said that these new physicians, who signed on to Premier's system between January 1st and April 30th, 2007 would add an additional $725,000 in annual revenue. This will allow us to revise upward our estimated yearly revenue to approximately $7.5 million. "These additional physicians, utilizing both our VMS and Premier services, consolidate our position as one of the largest electro diagnostic testing companies in the United States. Banyan continues to outperform our early estimates." 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 subsidiary, Chiropractic USA, Inc. is focusing on the development of branded Chiropractic clinics throughout North America by way of franchising and the use of uniform operating systems and practices. The company's other subsidiaries, Premier Medical Group LLC, and Virtual Medical Systems, Inc., provide diagnostic testing services to physicians nationwide in addition to marketing the VT3000 Electro-diagnostic testing machine. [/QB][/QUOTE]
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