Digital Imaging Resources Announces Completion of Acquisition of Boomerang Systems, Inc.

Digital Imaging Systems, Inc., ("Digital" or the "Company") (BULLETIN BOARD: DGIR) announced today that it has completed the previously announced acquisition of Boomerang Systems, Inc. Boomerang is engaged in the design, development, and initial marketing of automated racking and retrieval systems for automobile parking and automated racking and retrieval of containerized self-storage units.

Digital issued as consideration for the acquisition 200,000,000 pre- reverse split shares (13,333,334 shares on a post one-for-fifteen reverse split basis) of its Common Stock. Closing of the merger was subject to (i) the completion of a private placement of 30,000,000 pre-reverse split shares (2,000,000 post-split shares) of Common Stock of Digital pursuant to a transaction exempt from the registration requirements of the Securities Act of 1933, as amended, (the "Securities Act") resulting in net proceeds to Digital of approximately $1,500,000, (ii) the completion of a one-for-fifteen reverse stock split of Digital's outstanding shares, and (iii) completion by Digital of all filing requirements under the Securities Exchange Act of 1934, as amended, and the passage of all notice periods.