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Terarecon, Inc. Announces Leading Market Share and 10,000 Concurrent Users for Aquarius



3/16/2009 12:04:26 PM

SAN MATEO, CA--(Marketwire - March 15, 2009) - TeraRecon (www.terarecon.com), a leader in advanced imaging processing technology and solutions, today announced it has achieved greater than 10,000 licensed concurrent users globally for its Aquarius advanced visualization solution, giving the company by far the greatest market share in the direct-to-end-user market for advanced visualization.

TeraRecon president and chief operating officer, Robert Taylor, Ph.D., said, "TeraRecon provides server-based access to advanced visualization for multiple users per server, and unlike most other companies in this space, we operate almost exclusively in the direct-to-end-user market, where every purchase is the result of a careful evaluation of TeraRecon's technology in contrast to the competing solutions available in the market. These implementations are typically much larger and more often represent truly enterprise-wide deployments. Our installed base of servers has now grown to the point where even by the most conservative estimates, more than 10,000 users are able to access our solutions concurrently, far more than the number of licensed users any independent competitor can claim, for applications of the nature offered by the company."

Dr. Taylor continued, "Most competing advanced visualization solutions are offered bundled with a modality purchase, such as CT or MR, and hence in these situations, the majority of installations result because the modality was chosen, rather than the advanced visualization solution per se, and are in large part simple, single-seat workstations with limited features. It is less common for an objective comparison of competing technologies to be made in this situation by the customer. TeraRecon on the other hand achieves almost all its sales by providing a unified server-side rendering solution for the entire department or enterprise, as an alternative to the isolated workstation provided with scanners. Every purchasing decision is made after careful consideration of the alternatives by the end user and therefore our products are deeply integrated into the multi-specialty workflow of these institutions from the outset. While other companies can achieve significant installed-base numbers thanks to 'workstation' sales through their modality partners, no other company can claim the penetration of solutions that TeraRecon can, in the market of direct purchases of advanced visualization solutions by medical imaging facilities. Furthermore, we are encouraged to see that the company's market share is growing, and that it is forecast to grow more in the coming year, when we consider the sales forecasts of our competitors in comparison to our own."

About TeraRecon, Inc.

TeraRecon Inc., a leader in advanced image processing and 3D visualization techniques, provides advanced imaging systems for medical and other visualization applications based on its unique and patented image processing technologies. A four-time winner of Frost and Sullivan awards, the company has developed a leading portfolio of products that advance the performance, quality, functionality, and integration of image processing and 3D visualization systems. Founded in 1997, TeraRecon has developed a unique family of powerful processors that are used in its real-time, enterprise-wide image processing solutions and real-time 3D volume rendering hardware engines. TeraRecon is a privately-held company with headquarters in San Mateo, CA, European headquarters in Frankfurt, Germany, and branch offices in Concord, MA; Tokyo, Japan and Osaka, Japan.



Read at BioSpace.com


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