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Press Release

Digirad Corporation Files Registration Statement for Initial Public Offering

Mar 19, 2004
Digirad Corporation Files Registration Statement for Initial Public OfferingSan Diego, CA - March 19, 2004 Digirad Corporation announced today that it has filed a registration statement with the Securities and Exchange Commission for the proposed initial public offering of its common stock. All of the shares are to be sold by the Company. The joint book-running managers for the offering are Merrill Lynch, Pierce, Fenner & Smith Incorporated and J.P. Morgan Securities Inc. Banc of America Securities LLC and William Blair & Company, L.L.C. are acting as co-managers. The offering will be made only by means of a prospectus. When available, copies of the preliminary prospectus relating to this offering may be obtained from Merrill Lynch, at 4 World Financial Center, New York, NY 10080, (212) 449-1000, or J.P. Morgan Securities Inc., at One Chase Manhattan Plaza, Floor 5B, New York, NY 10081, (212) 552-5164.

Digirad Corporation is a leader in the development, manufacture and distribution of solid-state medical imaging products and services for the detection of cardiovascular disease and other medical conditions.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time that the registration statement becomes effective. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.