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EKLIN MEDICAL SYSTEMS ANNOUNCES STRATEGIC PARTNERSHIP WITH Cedara to Become Ten Percent Equity Stakeholder in Eklin;
According to Cedara, Eklin was a natural choice as a strategic partner for Cedara because of its large global presence in the US, Canada, South America, Europe and Australia. With hundreds of daily users in private and academic environments, relationships with some of the most prestigious centers-of-influence worldwide, as well as major universities, Eklin is a key player in the field of veterinary dianostic imaging and informatics. In addition, Eklin has taken a leadership role in the formalization of veterinary medical DICOM standards through Working Group 25. “Eklin’s in-depth knowledge of the veterinary market and its vast customer base combined with access to Cedara’s extensive portfolio of imaging and data management technology creates a clear leader in imaging and practice management for any small animal practice, large animal clinic or zoo,” stated Brian Pedlar, president of Cedara Software. “Cedara and Eklin can clearly offer a broader range of products than is currently available to the veterinarian community.” As part of the partnership, Eklin will distribute veterinary-tailored versions of Cedara’s medical software solutions to the veterinary market and both companies will collaborate to investigate new solutions for animal healthcare. The two companies will exclusively co-market and co-brand these solutions. Eklin Medical Systems, Inc. is a world leader in Digital Radiology (DR) and digital image and practice management solutions for the veterinary care market. Eklin has built upon proven state-of-the-art human healthcare technologies to create professional, reliable high-performance products geared specifically for the veterinary market. Since the company's formation in 2002, Eklin has been credited with creating the veterinary Digital Radiography market and transforming the way veterinary practices create and share diagnostic imaging information. Recent figures indicate that American families spend almost $10 billion per annum on veterinarian care services for companion animals. Similar to the increasing role that radiology plays in human healthcare, veterinarian care presents a rising market opportunity for medical imaging. Eklin will distribute Cedara’s renowned solutions for image and data management, eFilm Workstation and Merge Fusion PACS into this market space. “The veterinary radiology market is clearly growing,” continued Pedlar. “Cedara’s relationship with Eklin indicates a strong commitment to the vet market and provides a new revenue channel for Cedara’s broad portfolio of technology.” The companies will work together in commercializing solutions customized for veterinary care. In particular, Cedara will assist with product management; validation and engineering; technical authoring and hot-line support services. “We are very pleased to be expanding our relationship with Cedara and Merge,” said Gary Cantu, president and CEO of Eklin Medical Systems. “Cedara’s technology brings a broad spectrum of additional solutions to veterinarian care and significant enhancements to the Eklin Digital Practice® platform. I believe many specialists will be excited by the ability to perform sophisticated diagnostics and share information between different clinics. Application development areas for 2006 will include surgical planning, templates, oncology, enhanced 3D CT/MRI rendering, 3D/4D Ultrasound visualization, DICOM stitching, and orthopedic measurements.”
With more than 300 systems installed in private practice and universities, Eklin Medical Systems, Inc. is the world’s leading provider of veterinary digital radiography imaging and practice and image management solutions. The company focuses on applications where speed, portability, and increased practice efficiency are critically important. Eklin is a privately-held company headquartered in Santa Clara, Calif., and can be contacted at 800-819-5538 or visit http://www.eklin.com.
Cedara Software is a Merge Healthcare company focused on the development of custom engineered software applications and development tools for the medical imaging OEM and International markets. Cedara’s software is deployed in hospitals and clinics worldwide and is licensed by many of the world's leading medical device and healthcare information technology companies. Cedara technologies and expertise span all the major digital imaging modalities including computed tomography (CT), magnetic resonance imaging (MRI), digital X-ray, mammography, ultrasound, echo-cardiology, angiography, nuclear medicine, positron emission tomography (PET) and fluoroscopy. Cedara medical imaging offerings are used in all aspects of clinical imaging workflow including the capture of a patient's digital image; the archiving, communication and manipulation of digital images; sophisticated clinical applications to analyze digital images; and the use of imaging in minimally-invasive surgery. For additional information, visit our website at www.cedara.com.
About Merge Healthcare Merge Healthcare is a market leader in the development and delivery of medical imaging and information management software and services. With over twenty years of leadership in the medical imaging and healthcare information technology markets, Merge Healthcare provides innovative solutions for both OEM and the end-user healthcare markets. We custom engineer clinical and imaging applications and development tools that are on the forefront of medicine and its use of medical imaging for OEM and international 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.
All trademarks appearing in this release are the property of Merge Healthcare, Cedara Software Corp. and Eklin Medical Systems
Jacques Cornet, VP of Business Development & Strategic Marketing |
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