X0202 5 2006-12-31 0 0 1 0000887151 ORTHOLOGIC CORP OLGC 0000938112 HOLLIMAN JOHN M III 1275 WEST WASHINGTON TEMPE AZ 85281 1 1 0 0 Executive Chairman Common Stock 2006-02-27 4 J 0 1658 0 A 1658 I Valley Ventures III, L.P. Common Stock 3000 I Dorsey Drew Holliman Revokable Trust Common Stock 86612 D The reporting person is affiliated with Valley Ventures III, L.P., an investment fund that was a shareholder of AzERx, Inc.. AzERx, Inc. received shares of OrthoLogic Corp. common stock in connection with the sale of substantially all of AzERx's assets to OrthoLogic on February 23, 2006 (the "Asset Sale"), which shares subsequently were distributed to its shareholders, including Valley Ventures III, L.P. On the closing date (February 27, 2006) of the Asset Sale, the closing market price of OrthoLogic common stock was $5.82 per share. s/s Les Taeger, Attorney-in-fact 2007-02-14