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EKLIN MEDICAL REPORTS RECORD REVENUES FOR 2007
Demand for Open DICOM Standard DR and Data Management Systems Spurs
45 Percent Growth for Company
Santa Clara, Calif. February 14, 2008 Eklin Medical Systems, a
leading developer of digital radiography (DR), PACS (Picture Archiving and Communications
System) and Practice Management software (VIA™) for veterinary care practices, announced the company's revenues grew 45 percent to surpass $35 million for the year ending 2007 compared to the prior year. Both U.S. and international demand for Eklin's open standard imaging and data management systems were credited for spurring the company's growth.
"As the veterinary care market increasingly realizes the significant workflow and economic
benefits of digital technology, we are seeing a substantial demand for our open standard
solutions," said Gary R. Cantu, president and CEO of Eklin. "In addition to hundreds of
small animal and equine practices, we installed multiple systems at leading zoos and
universities. In fact, Eklin now has systems in roughly 90 percent of accredited U.S.
medical schools alone."
Eklin provides a number of digital products including DR, PACS and Practice Information
Management software (VIA) for equine, exotic and small animal practices. Using the Eklin
Digital PracticeŽ, veterinarians can obtain images in seconds, then store, review and
archive the images at the touch of a button. It also offers sophisticated image processing
tools, giving the clinician much greater depth of information that can be enlarged or
manipulated for far better detail, resulting in closer scrutiny of potential areas of
concern. All of Eklin's digital technologies are built on published DICOM standards,
the medical industry's digital imaging and storage protocols. This allows practices to
select products from multiple vendors which follow the same open standard and be able to
seamlessly integrate these other digital systems within the practice.
According to Cantu, several installations and events were specifically notable for the
year. For example, installations at Texas A&M Veterinary School of Medicine included five
RapidStudy™ DR systems (small and large animal), nine workstations, two servers with Eklin
Remote™ web-based, long-term storage service, and integration of 13 DICOM devices
represented by eight different third-party vendors. A similar installation also occurred
at the University of Georgia, Veterinary School of Medicine where four RapidStudy systems,
workstations and a PACS server were installed and 11 DICOM devices representing nine
third-party vendors integrated.
Other significant installations included major zoos, such as in Denver, Columbus and St.
Louis, and large aquariums like Atlantis and Georgia. In yet another milestone, the company
expanded the Eklin Digital Repository™ at Keeneland from 12 review workstations to 32,
enabling over 500,000 images to be reviewed during the 2007 September Yearling Sale alone.
For Keeneland, Eklin published the industry's first pre-purchase, radiographic study
submission standard for digital radiographs.
"In support of Keeneland, we worked with its staff to draft and publish the first equine
DICOM protocol for submitting pre-purchase exams and digital radiographs, an industry-wide
open standard," said Cantu. "Our goal is to achieve the same industry standard for digital
information in veterinary care as now exists in human medicine. Keeneland, as the largest
Thoroughbred auction facility in the world, represents an excellent example of leadership
in supporting this goal."
Eklin's equine and small animal practice presence also increased internationally with key
expansion in Europe and the Middle East. Canada experienced solid system growth as did
Australia, including a multi-unit installation at the largest equine facility in the
country, Randwick Equine Centre in Sydney. Introduction of the Mark III and Mark V DR
systems contributed to the growth in the equine and exotic (zoo/marine) markets during
the year. In December, the company introduced the RapidPACS Web Edition, offering an
economical, per study-based, digital image storage and review solution, designed to
grow with practice needs.
Eklin's VIA Practice Management software group was reorganized as the Eklin Information
Systems Division. A long-time veterinary care executive, Christine Stafford, was hired
as division manager of the new entity. During the year, VIA completed the majority of
its work on the VIA Hospitalization functionality and VIA Safe.
"In support of all of our expansion, we grew our regional training offerings through
Eklin University to assist clients with their expanding education needs," said Cantu.
"We are planning even more programs of this nature as we continue to grow Eklin. Key
to our success, we believe, is the satisfaction and education of our clients. These
will continue to be our driving goals throughout the year."
About Eklin Medical Systems, Inc.
With hundreds of systems installed in private practices and universities
around the globe, Eklin Medical Systems, Inc. is one of the world’s
leading providers of veterinary PACS, practice management and digital
radiography products. 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
Media Contact:
Laurie Hallwyler
Eklin Medical Systems
650-248-9081
lhallwyler@eklin.com
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