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Imaging Diagnostic Systems, Inc. announced that it has signed a non-exclusive agreement with Neomedica d.o.o. Beograd to market the CT Laser Mammography Imaging Diagnostic Systems, Inc. (OTCBB:IMDS) announced that it has signed a non-exclusive agreement with Neomedica d.o.o. Beograd to market the CT Laser Mammography (CTLM) system to the private and public sectors of Slovenia, Croatia, Serbia, Montenegro, and Macedonia.

Neomedica d.o.o. Beograd was founded in 1984 in Belgrade, Serbia and shortly thereafter expanded by adding four sister companies located in Croatia, Slovenia and Macedonia as a result of the increasing demand for innovative medical technologies throughout these rejoins. Their focus for the past twenty years has been introducing innovative medical technologies and minimally invasive procedures to the medical community. The company holds ISO 9001:2000 and SA 8000 certificates, the first company in Serbia with SA Certification.

“For the past twenty years we have established strong relationships with key Opinion Leaders in the medical field. We are currently investing in organizing awareness and training to the prestigious University Clinics giving the doctors the opportunity to learn new procedures. There is an increasing demand for new technologies and products such as the CTLM system," explained Nikola Markovic, Neomedica Deputy Director. “With our experience and know-how in the introduction of new products and technologies, particularly in oncology, radiology, and surgery markets, we would like to expand our portfolio and be the first to introduce CTLM in our territories."

Neomedica expects sales projections for 2009 to exceed 5 million (EURO) in revenues. Their sister companies expect to have around 4.5 million in sales revenue for 2009.

About Imaging Diagnostic Systems, Inc.

Imaging Diagnostic Systems, Inc. has developed a revolutionary new imaging device to aid in the detection and management of breast cancer. The CTLM® system is a patented new breast imaging system that utilizes continuous wave laser technology and patented algorithms to create 3-D images of the breast. The procedure is non-invasive, painless, and does not expose the patient to ionizing radiation or painful breast compression. CT Laser Mammography (CTLM®) is designed to be used in conjunction with mammography. It reveals information about blood distribution in the breast and may visualize the process of angiogenesis, which usually accompanies tumor growth. For more information, visit corporate website: www.imds.com

Source: Imaging Diagnostic Systems, Inc