PRESS RELEASE

Laser Rejuvenation Shareholder Demands Rescission from $0.155 per Share Bid by Company Insider (LRC.a-TSX Venture Exchange)

TORONTO-August 21, 2003-IMAGIN Diagnostic Centres, Inc. (“IMAGIN”) a private company, has received a complaint and a demand to facilitate rescission by a Laser Rejuvenation Clinics (“Laser”) shareholder from the takedown made by Laser’s chairman Dr. Tom Woo on his going private tender offer at $0.155 per share which expired at 5:00 EST on Wednesday August 20, 2003.

On Tuesday August 19, 2003 IMAGIN made a tender offer for at least 436,500 shares of Laser at $0.22 per share plus 1 warrant to buy 1 LRC.a share for each 2 LRC.a shares tendered.

The cash portion of the bid is at least 41% (before giving value to the equity kicker) superior to the insider’s $0.155 per share inferior bid made by Dr. Woo, the company’s founder and recommended by the independent Directors. Dr. Woo and the Laser Directors ignored IMAGIN’s bid and made no press releases or recommendation on the IMAGIN bid until after the takedown of 536,455 LRC.a shares by Dr. Woo, the Offeror and Laser Chairman at the end of the day on August 20, 2003. IMAGIN has lodged a complaint with the appropriate securities commissions.

IMAGIN has passed the rescission demand on to Laser’s Directors, Dr. Woo and the appropriate securities commissions.

Cynthia Jordan, an IMAGIN Director stated “IMAGIN made a significantly superior tender offer before the expiration of an inferior “going private” bid by the Laser founder. We have been contacted by at least 1 Laser shareholder asking that we champion a movement of rescission. That particular shareholder tendered at $0.155 per share on the recommendation of the Laser independent Directors. Shareholders have been deprived of at least 41% of their value that is rightfully theirs. The Laser Board of Directors ignored our $0.22 per share (plus 1 Laser warrant to acquire 1 Laser share for each 2 tendered) and fully cooperated to facilitate their long-term associate Dr. Woo’s $0.155 per share inferior bid. IMAGIN is offering more money but equally important, a future equity play in the stock market through the Laser warrant. We would like to hear from Laser shareholders that tendered at $0.155. Their shareholder value has been extracted from them over time and this latest move by the Laser control party to strip shareholders of further value is outrageous. We intend to fight to maximize shareholder value on behalf of all shareholders. Interested Laser shareholders should contact us at the number below.”

IMAGIN will coordinate a demand for rescission.

IMAGIN Diagnostic Centres, Inc. is a closely-held developmental stage company dedicated to being the leader in bringing PET (“Positron Emission Tomography”) and PET/CT (“Computed Tomography”) technology to Canadians. IMAGIN is negotiating joint ventures with private imaging centers and hospitals for the financing, installation and management of PET scan facilities across Canada. IMAGIN has a control position in Scans For Life, an early-stage marketing company focused on the patient acquisition function for CT and PET scans in the USA. IMAGIN is negotiating various transactions in order to establish a foothold in multiple Canadian markets. IMAGIN is located in Toronto, Ontario

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