In Loving Memory

Peter Karoly Born: March 1, 1953 in Allentown, PA Died: February 2, 2007 IN MEMORIUM

On 2 February 2007, a fatal airplane accident in New Bedford, Massachusetts took the lives of Peter J. Karoly and his wife Dr. Lauren B. Angstadt along with their pilot Michael Milot. Peter and Lauren were founders and principal owners of Image Medical Corporation, parent of eRAD Inc.

Peter J. Karoly was born in Allentown, Pennsylvania where he owned and operated a highly successful personal injury and medical malpractice law firm at the time of his death. Lauren B. Angstadt grew up in Kutztown, Pennsylvania where she was an active sportsperson and musician. Dr. Angstadt specialized in general and cosmetic dentistry at her own practice in Allentown from 1987 until her death.

Peter and Lauren were entrepreneurs having founded or owned a number of diverse businesses. One of their interests provided minor league professional baseball in the area for nine years via the Allentown Ambassadors of the Northern League. Other interests included the Haviland Grill in Allentown and a number of non-claustrophobic MRI Centers in Pennsylvania and South Carolina.

Peter and Lauren's knowledge of medicine and diagnostic imaging led to the founding of eRAD Inc. in 1999. Their notion of internet based delivery of studies would fulfill their goal of improved patient care and grater operating efficiency. Peter, as Chairman of the Board and CEO, was a visionary and driving force for operating the business. He was the prime mover for merging eRAD with Image Medical Corp. to form the entity as it is today. He successfully guided the growth of the business with emphasis on providing innovative technology for the 200 eRAD clients. In recent years, Peter focused on building infrastructure. He set customer satisfaction as a priority and was constantly building his employee base and management team. Peter and Lauren's legacy is the foresight that allows eRAD to continue the delivery of outstanding quality and value to the PACS community.

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