LONDON, June 23 /PRNewswire-FirstCall/ -- Medicsight, Inc. , parent company to both Medicsight plc, a leading developer of computer-aided detection (CAD) technologies and software, and Medicexchange.com, an online multi-vendor sales channel for diagnostic, treatment and surgery planning solutions, announced today that Medicexchange.com has signed an exclusive agreement with AuntMinnie.com, the leading online resource for radiology professionals worldwide, for the development of the Software Center, a centralized directory of downloadable medical imaging software solutions.
Under terms of the agreement, AuntMinnie.com will create the Software Center as an exclusive section within its "Communities" area that will house descriptions of and provide links to the latest cutting-edge software applications for demo and download. The section will include links to Medicexchange.com's low-cost downloadable imaging solutions and will allow for other imaging software vendors to list their applications as well. AuntMinnie.com will provide its users with the technical requirements and downloading instructions for each of the software offerings, along with brief descriptions and previews of the applications. Initially, Medicexchange.com's software listings through AuntMinnie.com will focus on thoracic, cardiac, orthopedic, abdominal and women's imaging. The Software Center is expected to launch in August 2006.
David Mason, Executive Vice President, Corporate Development, Medicsight, Inc. commented, "We are extremely pleased to sign this exclusive agreement with AuntMinnie.com, one of the premier online resources for radiologists. We believe that the over 130,000 active AuntMinnie.com users will benefit greatly from Medicexchange.com's low-cost, on-demand imaging solutions through a familiar and trusted online portal. This is especially true for radiologists with traditionally limited access to advanced imaging software. AuntMinnie.com's established relationships with and access to radiologists will be invaluable as we introduce Medicexchange.com. We believe this partnership will broaden the distribution of important clinical applications throughout the worldwide medical imaging community."
"AuntMinnie.com has always been a leader in finding new ways to deliver meaningful content to the medical imaging community," said Ashok Shah, General Manager of AuntMinnie.com. "We're pleased to continue this tradition of innovation as we partner with Medicexchange.com on the creation of the AuntMinnie.com Software Center. We believe that better access to these software tools will not only help radiologists in their practice, but improve the level of care provided to patients as well. We are very excited about the opportunities the Software Center Digital Community and the Medicexchange.com relationship offers to everyone."
About AuntMinnie.com
AuntMinnie.com is the premier online information, transaction, and education site for all individuals affiliated with the diagnostic imaging market. Rich in timely, original content and customer-centered products and services, AuntMinnie.com is designed to enhance the professional lives of its members through interaction, participation, exchange, and commerce. AuntMinnie.com is owned by IMV, Ltd. Additional information on AuntMinnie.com is available at http://www.auntminnie.com.
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, orthopedic, women's and abdominal 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 http://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.
Company contacts: For more information: Medicsight, Inc. Investors David Mason, Stephanie Carrington, 646-536-7017 Executive Vice President, Nick Laudico, 646-536-7030 Corporate Development 615-665-9007
Medicsight, Inc.CONTACT: David Mason, Executive Vice President, Corporate Development, ofMedicsight, Inc., +1-615-665-9007; or Investors: Stephanie Carrington,+1-646-536-7017, or Nick Laudico, +1-646-536-7030, both for Medicsight,Inc.
