Medicsight Launches Medical Imaging Software Portal For Radiologists

CHICAGO, Nov. 27 /PRNewswire-FirstCall/ -- Medicsight, Inc. , a medical imaging software company offering products for disease detection, diagnosis and patient management, today announced the United States launch of Medicexchange.com, a medical imaging software portal for radiology professionals. Plans for Medicexchange.com were unveiled at the Radiological Society of North America (RSNA) annual conference at Chicago's McCormick Place.

Medicexchange.com provides downloadable access to medical imaging software and related clinical research and developments, improving radiologists' ability to provide faster and more reliable patient diagnosis. Traditionally, radiologists' access to advanced imaging software involved a large capital investment in the software for their workstations. Medicexchange.com offers access to a variety of advanced imaging software in a pay-per-use portal that eliminates the need for a large capital investment in software.

Medicexchange.com targets five clinical application areas with imaging software from software partners:

* Cardiac * Thoracic * Breast Imaging * Orthopedic * Gastro Intestinal

Adam Boyse, Medicexchange CEO, stated, "Up until now, radiologists traditionally had limited access to advanced 3D imaging software to assist with patient diagnosis. With Medicexchange.com, these medical imaging professionals now have immediate access to downloadable imaging solutions, on a flexible pricing basis all through a single familiar and trusted online portal."

Research shows that radiologists around the world agree that there is a growing demand for improved access to online medical imagery in order to improve patient diagnosis and care. A survey by market research firm Frost & Sullivan of radiological professionals in the U.S., Europe, and Asia-Pacific markets showed:

* An average of 88 percent agree that there is increased demand for advance visualization when treating patients. * 83 percent surveyed indicate, on average, that there is an increased volume of medical images needed per patient exam. * On average, 83 percent agree that there is a need for medical imagery to provide faster patient diagnosis. * Overall, an average of 90 percent of those radiologists surveyed agreed that there is a need for improved advanced imagery access to provide more reliable patient diagnosis. * 85 percent appreciate the idea of having easy, "one-stop-shop" access to a medical imaging software portal to meet their rapidly evolving software needs.

Medicexchange.com also provides relevant clinical content within each Web-based community along with news feeds, forums and presentations.

Boyse concluded, "With Medicexchange.com, medical imaging professionals now have online communities focused on their specialty supported by on-demand imaging software solutions in a digitally-downloadable format. This is a truly unique global portal with products and content tailored for each region."

About Medicsight, Inc.

Medicsight, Inc. is the parent company to both Medicsight plc, a leading developer of computer-aided detection (CAD) technologies and software, and operator of Medicexchange.com, an online multi-vendor sales channel for diagnostic, treatment and surgery planning solutions. The CAD technology, which is developed by its subsidiary, Medicsight plc, is tested using one of the world's largest databases of verified CT scan data. Medicsight plc's software solutions help clinicians identify, measure, and analyze suspicious pathology, such as colorectal polyps and lung lesions. The company's CAD products include ColonCAD API, the first CAD technology available for CT colonography, and LungCAD API. Medicsight, Inc.'s subsidiary, Medicexchange.com, is an online multi-vendor sales channel for diagnostic, treatment and surgery planning solutions for cardiac, thoracic, breast imaging, orthopedic, and gastro intestinal imaging. Medicexchange.com provides these solutions in a low-cost, on-demand and digitally-downloadable format for medical imaging professionals, providing access to information and products that they would traditionally have difficulty accessing. Headquartered in London, Medicsight, Inc. employs more than 60 people and also has offices in the United States, Japan, and China. Product and company information can be found on www.medicsight.com. Stock symbol: MGT.

All forward-looking statements are made pursuant to the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. Forward- looking statements are based on current management expectations that involve risks and uncertainties that may result in such expectations not being realized. Potential risks and uncertainties include, but are not limited to, the risks described in company filings with the Securities and Exchange Commission.

For more information: Investors: Stephanie Carrington / Zack Kubow Medicsight, Inc. +1 646-536-7017 / 7020 scarrington@theruthgroup.comzkubow@theruthgroup.com Media: Dave Baldridge +1 314-982-7782 david.baldridge@fleishman.com Company contacts: Medicsight, Inc. Alex van Klaveren +1 646-468-8086 alex@medicexchange.com

CONTACT: Investors: Stephanie Carrington, +1-646-536-7017,scarrington@theruthgroup.com, or Zack Kubow, +1-646-536-7020,zkubow@theruthgroup.com, both for Medicsight, Inc.; and Media: DaveBaldridge, +1-314-982-7782, david.baldridge@fleishman.com; and Companycontacts: Alex van Klaveren, +1-646-468-8086, alex@medicexchange.com