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Digirad signs agreement with Spectrum Assembly

Digirad Corporation, the leader in solid-state diagnostic imaging technology and services, announced today that it has signed an exclusive agreement with Spectrum Assembly, Inc. to outsource the manufacturing of its advanced, solid-state nuclear imaging cameras.

Digirad President and CEO Matthew G. Molchan said, “This agreement is exactly in line with our continued strategy to focus on driving income, cash flow and growth from our businesses at Digirad. As we have stated previously, we continue to believe our nuclear imaging cameras, with their solid-state design and technology, are well suited to meet the needs of the health-care industry, both domestically and internationally. With this new agreement, our camera production will become more cost effective, nimble and flexible to meet the demands of our customers and the market. Further, with this move to outsource manufacturing of our cameras, as well as our recent announcement to partner with Dilon Diagnostics to distribute our cameras internationally, we believe we are well-positioned to take advantage of these domestic and international opportunities in a very cost effective manner.”

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