Siemens Healthcare Diagnostics and Sysmex Corporation Renew Global Agreement

Partnership provides customer access to largest portfolio of clinical laboratory coagulation products

DEERFIELD, Ill., March 23 /PRNewswire/ -- Siemens Healthcare (www.siemens.com/diagnostics) and Sysmex Corporation (www.sysmex.co.jp/en/) have announced the signing of a five-year contract renewal for a global supply, distributorship, sales and service agreement. Under the agreement, clinical laboratory customers around the world continue to have access to the largest portfolio of coagulation instruments and tests. The companies will also continue joint product development activities ensuring customers have continued access to new coagulation technology.

(LOGO: http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO )

"Our shared value to deliver quality products and services that address our customers' needs is a key contributor to the success of our 14-year partnership," said Donal Quinn, CEO, Siemens Healthcare Diagnostics. "Together, we expect to offer customers the broad, high-quality portfolio of coagulation products they have come to expect from us today and also deliver next-generation technology in the future."

"We are pleased to continue our long-standing relationship with Siemens Healthcare," said Hisashi Ietsugu, President and CEO, Sysmex Corporation. "Our partnership combines the strengths of two leading diagnostic companies whose joint expertise offers best-in-class solutions for the laboratory, and we look forward to expanding the clinical utility of these solutions cooperatively."

The wide variety of coagulation instruments and tests covered in this agreement are used by clinical laboratories to test for blood disorders in patients or to monitor patients on blood-thinning medication. The agreement also includes access to automated platelet function testing.

The Siemens Healthcare Sector is one of the world's largest suppliers to the healthcare industry. The company is a renowned medical solutions provider with core competence and innovative strength in diagnostic and therapeutic technologies as well as in knowledge engineering, including information technology and system integration. With its laboratory diagnostics acquisitions, Siemens Healthcare is the first integrated healthcare company, bringing together imaging and lab diagnostics, therapy, and healthcare information technology solutions, supplemented by consulting and support services. Siemens Healthcare delivers solutions across the entire continuum of care - from prevention and early detection, to diagnosis, therapy and care. Additionally, Siemens Healthcare is the global market leader in innovative hearing instruments. The company employs around 49,000 people worldwide and operates in 130 countries. In the fiscal year 2008 (Sept. 30), Siemens Healthcare reported sales of euro 11.2 billion, orders of euro 11.8 billion, and Sector profit of euro 1.2 billion. Further information can be found by visiting http://www.siemens.com/healthcare.

Sysmex Corporation is a world leader in clinical laboratory systemization and solutions, including laboratory diagnostics, laboratory automation and clinical information systems. Serving customers for more than 40 years, Sysmex focuses on technological leadership in diagnostic science and information tools that make a difference in the health of people worldwide. The company is also exploring emerging opportunities in the life science field. Its R & D efforts focus on the development of high-value-added testing and diagnostic technologies that are innovative, original and optimize individual health. Sysmex also seeks to leverage its state-of-the-art technologies for gene and protein analysis. The company, headquartered in Kobe, Japan, has subsidiaries in North America, Latin America, Europe, China and Asia Pacific and employs more than 4,000 employees worldwide. Sysmex Corporation is listed in the top tier of the Tokyo Stock Exchange. For more information about Sysmex Corporation and its affiliate companies, please visit http://www.sysmex.co.jp/en/.

CONTACT: Lance Longwell, Media Relations, Siemens, +1-610-448-1473, or
lance.longwell@siemens.com

Web site: http://www.siemens.com/diagnostics/
http://www.siemens.com/healthcare/
http://www.sysmex.co.jp/en//

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