Imaging3 Files with the SEC to Become a Publicly Reporting Company

BURBANK, California -- November 12, 2002 -- Imaging3, a leading provider of advanced technology medical imaging devices, announced today that it has voluntarily filed Form 10-SB with the Securities Exchange Commission (SEC) to become a publicly reporting company.

The Company will now comply with reporting requirements under Section 12g of the Securities Exchange Act, such as providing annual reports on Form 10K to shareholders, submitting proxy statements under Rule 14, and filing quarterly financial reports on Form 10Q.

Imaging3 CEO Dean Janes explains, "Unlike most private companies, we have taken this approach to ensure operational and fiscal discipline as well as provide our shareholders with accurate and timely information. Taking this step also prepares the Company for a successful exit event."

About Imaging3, Inc.

Imaging3, Inc., founded in 1993, is a leading provider of advanced technology medical imaging devices. The Company has developed a breakthrough medical technology (patent pending) that will produce 3D medical diagnostic images in real time. Imaging3 Technology has enormous potential to contribute to the improvement of healthcare. For the first time ever, healthcare workers will be able to instantly view 3D, high-resolution images of virtually any part of the human body. Imaging3 is also the largest remanufacturer of C-arms in the world. A C-arm is an integral component of a fluoroscopic imaging system used for various types of surgery. For more information on Imaging3, Inc., visit the Company's Web site at www.Imaging3.com or call (818) 260-0903.