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NEWS RELEASE:
FOR IMMEDIATE RELEASE:
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Beth Frost-Johnson, Sr. VP of Marketing
Merge Healthcare
414.977.4254
bethfj@merge.com
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MERGE HEALTHCARE ANNOUNCES NEW PARTNERSHIP WITH HBO MIDDLE EAST TO DELIVER RADIOLOGY SOLUTIONS THROUGHOUT THE MIDDLE EAST HBO ME
- to distribute Merge Healthcare’s RIS, PACS, clinical applications, connectivity products and other solutions throughout the Middle East
- Merge Healthcare and HBO ME to work together to service end user healthcare needs in the region
Milwaukee, WI, February 14, 2007 – Merge Healthcare (Nasdaq: MRGE; TSX: MRG), a leading medical imaging software and services company, today announced a new partnership with HBO Middle East (ME) to deliver radiology solutions throughout the Middle East. As part of the agreement, HBO ME will distribute Merge Healthcare’s PACS, clinical applications, connectivity products and other solutions throughout the region. The two companies will work together to service end user healthcare needs. Merge Healthcare and HBO ME will work jointly towards offering customers in the GCC region and Yemen a set of unique solutions for radiology needs and beyond.
During the recent Arab Health Conference held in Dubai, HBO ME showcased Merge Healthcare's new suite of medical imaging solutions named FUSION GL™, as well as a selection of clinical applications for orthopaedic planning, breast imaging, PET/CT analysis, obstetrics, virtual colonoscopy and other specialties.
FUSION GL provides a variety of advanced imaging technologies to streamline radiology workflow. Included in the offering is a web enabled Picture Archiving and Communication System (PACS) used to acquire digital medical images from radiology equipment, visualize the images for diagnostic purposes, and store them for future reference.
"The strength of Merge’s offerings lies in their ability to provide customers with truly unique solutions that are clinically advanced and tailored to meet their needs and environment," said Eli Chedid, President of HBO ME. "Using these applications, physicians can perform imaging procedures such as orthopaedic planning for a hip replacement surgery over the internet, from any location. With a wide range of dedicated applications for different specialists, their solutions clearly enhance both clinical productivity and capability."
"We are very pleased to be working with HBO ME in the Middle East," said Jacques Cornet, President of Merge Healthcare EMEA. "Merge Healthcare is firmly committed to improving patient care through the development and delivery of healthcare IT solutions that directly address the different needs of each healthcare practitioner. In the Gulf Countries, HBO’s experience and knowledge of regional needs provide an important foundation to accomplish this goal."
Following the announcement of this partnership, HBO ME commenced plans to implement an initial PACS installation at a private hospital in Jeddah, Saudi Arabia.
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Merge Healthcare is a market leader in the development and delivery of medical imaging and information management software and services. Merge Healthcare has over 20 years of leadership in the medical imaging and healthcare information technology market. For OEM customers, Merge Healthcare custom engineers clinical and imaging applications and development tools that are on the forefront of medicine and its use of medical imaging. For end-user customers, we develop innovative medical imaging software solutions that support end-to-end business and clinical workflow for radiology department and specialty practices, imaging centers and hospitals. Our innovative software solutions use leading-edge imaging software technologies that accelerate market delivery for our OEM customers, while our end-user solutions improve our customers' productivity and enhance the quality of patient care they provide. For additional information, visit our website at www.merge.com.
HBO ME was established in 1992 to serve customers in the Middle East. HBO Middle East is the leading provider of world-class healthcare information solutions and consulting services to hospitals and healthcare organizations in the Region. With over 45 professional staff on the ground in the GCC region to serve its customers, HBO Middle East is dedicated to delivering innovative solutions that are cost effective and improve the outcomes of their customers on time and on budget. For additional information, visit www.hbo-me.com.
All Trademarks appearing in this release are the property of Merge Healthcare.
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Attn: Beth Frost-Johnson
Merge Healthcare
6737 West Washington St.
Suite 2250
Milwaukee, WI 53214
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| Except for the historical information herein, the matters discussed in this news release include forward-looking statements that may involve a number of risks and uncertainties. When used in this press release, the words “will,” “believes,” “intends,” “anticipates,” “expects” and similar expressions are intended to identify forward-looking statements. Actual results could differ materially from those expressed in, or implied by, the forward-looking statements based on a number of factors, including, but not limited to, the uncertainty created by, the adverse impact on relationships with customers, potential customers, suppliers and investors potentially resulting from, and other risks associated with, the changes in the Company’s senior management; costs, risks and effects of the investigation by the Audit Committee of the Board of Directors; the impact of the restatement of financial statements of the Company and other actions that may be taken or required as a result of such restatement; the Company's inability to timely file reports with the Securities and Exchange Commission; risks associated with the Company's inability to meet the requirements of The NASDAQ Stock Market for continued listing, including possible delisting; costs, risks and effects of legal proceedings and investigations, including the informal, non-public inquiry being conducted by the Securities and Exchange Commission and class action, derivative, and other lawsuits; risks in product and technology development, market acceptance of new products and continuing product demand, the impact of competitive products and pricing, ability to integrate acquisitions, changing economic conditions, credit and payment risks associated with end-user sales, dependence on major customers, dependence on key personnel, and other risk factors detailed in the Company’s filings with the Securities and Exchange Commission. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update such factors or to publicly announce the results of any of the forward-looking statements contained herein to reflect future events, developments, or changed circumstances, or for any other reason.
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