Eigen Completes Company Restructuring; New Company Structure Positions Eigen For Rapid Expansion

GRASS VALLEY, Calif., Jan. 18, 2011 /PRNewswire/ -- Eigen, a worldwide specialty developer of medical imaging systems and software announced the completion of the company's restructuring plan designed to position Eigen for rapid expansion in the $5 billion urology medical device marketplace.

The company has successfully transitioned through a voluntary restructuring process and is now positioned with a unified management team and strong financial support. "With Eigen's restructuring complete, the company is now well positioned to seize the promise of our breakthrough technology," said Brian Burr, CEO.

For the last three decades, the name Eigen has been synonymous with high-definition imaging systems for cardiology and radiology in many of the world's finest hospitals. In addition, the company has built strong relationships with major OEM customers.

Eigen has expanded its expertise in imaging technology to urology by providing assistance with the very urgent need of diagnosing prostate cancer. Artemis is the world's first imaging technology platform to generate true, navigational and quantifiable 3D prostate images from a standard 2D ultrasound image. Backed by over twenty protective patents, Artemis provides urologists and radiation oncologists a revolutionary new way to view and biopsy the prostate.

About Eigen

Eigen is a world leader in the development of innovative imaging devices and technology that today allow healthcare professionals improve their ability to visualize, diagnose and determine appropriate treatment pathways in over 4,000 hospitals worldwide. Located at 13366 Grass Valley Ave., Grass Valley, CA 95945. Check us out at www.eigen.com.

SOURCE Eigen