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Virtual Radiologic Corporation Announces Closing of Initial Public Offering and Exercise of Option to Purchase Additional Shares
Date:11/20/2007

MINNEAPOLIS, Nov. 20 /PRNewswire-FirstCall/ -- Virtual Radiologic Corporation (Nasdaq: VRAD) today announced the closing of its initial public offering of 4,600,000 shares of common stock at a price to the public of $17.00 per share. The offering consisted of 4,000,000 shares offered by Virtual Radiologic and an additional 600,000 shares offered by certain selling stockholders pursuant to the exercise by the underwriters of their option to purchase additional shares in the offering.

Virtual Radiologic intends to use the net proceeds from the offering to repay outstanding debt and for general corporate purposes. Shares of Virtual Radiologic's common stock are listed on the NASDAQ Global Market under the ticker symbol "VRAD."

Goldman, Sachs & Co. acted as the sole book-running manager of the offering, while Merrill Lynch & Co. acted as co-lead manager and William Blair & Company acted as co-manager.

A registration statement relating to the offering was filed with and declared effective by the Securities and Exchange Commission. The offering was made solely by means of a prospectus. A copy of the final prospectus relating to these securities may be obtained from Goldman, Sachs & Co., Attn: Prospectus Department, 85 Broad Street, New York, New York, 10004, via fax at 212-902-9316, or via e-mail at prospectus-ny@ny.email.gs.com.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, and there shall not 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 juri
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SOURCE Virtual Radiologic Corporation
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