MILWAUKEE, June 9 /PRNewswire-FirstCall/ -- Merge Technologies Incorporated , historically d.b.a. Merge eFilm, a leading global healthcare software and services company, today announced that it has changed its corporate name to Merge Healthcare, following its recent merger with Cedara Software Corp and its subsidiary eMed Technologies. The stock will continue to trade on NASDAQ under the MRGE symbol, and will trade on the Toronto Stock Exchange under the ticker symbol MRG. Merge Healthcare will have two operating divisions: Merge eMed, which develops, markets, and services RIS/PACS products for hospitals, imaging centers and specialty clinics; and Cedara, which focuses on developing innovative medical imaging software for the OEM and International markets.
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“The name Merge Healthcare states our intent to continue leading the medical imaging and information management industry within radiology, to leverage the product innovation depth, quality and speed of our OEM Division with the distribution reach of our Direct Solutions Division, while simultaneously expanding our reach into other healthcare clinical specialties,” said Richard Linden, President and CEO of Merge Healthcare. “Merge has evolved over time from a single-product technology company to a global provider of medical imaging software products, end-to-end solutions and professional services designed to meet the business and clinical needs of our OEM and end user target markets. Our new corporate name and divisional operational model sets the stage for building on the success Merge, Cedara and eMed have achieved to date, and positioning the company for further product, healthcare market and geographic expansion.”
“In the direct solutions healthcare market, the Merge eMed brand communicates the strength of our company’s combined RIS, PACS, Advanced Visualization and Clinical Application products, services and customer base that numbers over 500 hospitals, imaging centers and specialty clinics. In our OEM and International Division, the Cedara brand is reinforced by the addition of the experienced Merge OEM group, becoming the largest independent developer of innovative medical imaging software. We have leveraged the brand equity of all three organizations while establishing a clear message that builds upon the strengths of the three merged organizations to deliver value to our stakeholders -- employees, customers and shareholders,” said Linden.
Merge Healthcare
Merge Healthcare is a market leader in the development and delivery of medical imaging and information management software and services. With over twenty years of leadership in the medical imaging and healthcare information technology markets, Merge Healthcare provides innovative solutions for both OEM and the end-user healthcare markets. We custom engineer clinical and imaging applications and development tools that are on the forefront of medicine and its use of medical imaging for OEM and international customers. We develop innovative medical imaging software solutions that support end-to- end business and clinical workflow for radiology department and specialty practices, imaging centers and hospitals. Our innovative software solutions use leading-edge imaging software technologies that accelerate market delivery for our OEM customers, while our end-user solutions improve our customers’ productivity and enhance the quality of patient care they provide. For additional information, visit our website at http://www.merge.com .
Merge eMed
Merge eMed is a division of Merge Healthcare focused on accelerating productivity for radiology department and specialty practices, imaging centers and hospitals. By combining sophisticated RIS, PACS, advanced visualization and clinical imaging applications, Merge eMed delivers integrated end-to-end software solutions and professional services that are transforming the way our customers interact with referring physicians, manage their workflow, position their businesses in their markets and deliver imaging services. We ensure our customers’ success in today’s competitive healthcare environment by streamlining business and clinical workflow with digital image and information solutions and services. For additional information, visit our website at http://www.merge.com and http://www.emed.com .
Cedara
Cedara is a division of Merge Healthcare focused on the development of custom engineered software applications and development tools for the medical imaging OEM and International markets. Cedara software is deployed in hospitals and clinics worldwide and is licensed by many of the world’s leading medical device and healthcare information technology companies. Cedara technologies and expertise span all the major digital imaging modalities including computed tomography (CT), magnetic resonance imaging (MRI), digital X-ray, mammography, ultrasound, echo-cardiology, angiography, nuclear medicine, positron emission tomography (PET) and fluoroscopy. Cedara medical imaging offerings are used in all aspects of clinical imaging workflow including the capture of a patient’s digital image; the archiving, communication and manipulation of digital images; sophisticated clinical applications to analyze digital images; and the use of imaging in minimally-invasive surgery. For additional information, visit our website at http://www.cedara.com .
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CONTACT: Richard Linden, President & CEO, +1-414-977-4665, or BethFrost-Johnson, Sr. VP, Marketing, +1-414-977-4254, both of Merge Healthcare