Swissray International, Inc. Signs Agreement With Cedara Software Corp. To Offer Orthopedic Specialty Software

ELIZABETH, N.J., May 2 /PRNewswire/ -- Swissray International, Inc. announced today that they have entered into a multi year agreement with Cedara Software Corp., a leading independent developer of medical software technologies to provide Swissray’s customers with advanced orthopedic software tools and applications. Swissray is a global leader in the design, manufacturing and marketing of direct digital radiography -- ddR -- systems. The Orthopaedic community has been drawn to the value proposition that Swissray offers with the fastest and most automated low dose DR systems on the market. This agreement will allow Swissray to provide its customers with a complete solution for Orthopaedic imaging.

Ueli Laupper, Swissray Sr. VP of Sales and Marketing states, “With over 500 Swissray DR systems sold we have always delivered the highest quality digital images, cost savings and efficiency in radiography. Swissray has focused on the Orthopaedic market since many years and fully understands the needs and challenges of orthopaedic imaging better than any other DR supplier. Our partnership with Cedara allows us to offer the most advanced orthopaedic software solutions available today.”

About Swissray

Swissray has received from Frost & Sullivan the “Best Product Value” award for their market leading digital radiography systems. This new technology provides high quality medical radiographic images in seconds at a significantly lower cost than conventional or computed radiography because, among other factors, film, imaging plates, cassettes and chemical processing are not required. By utilizing a multifunctional single detector design, Swissray offers an affordable high quality solution for direct digital radiography. Swissray currently provides a full range of DR systems for orthopedic applications, imaging centers, hospitals and emergency departments. All of Swissray’s DR systems include the APS(TM) -- Automated Positioning System for fully automated, remote controlled system positioning. Swissray offers customers choice between amorphous silicon flat panel or their unique 16 bit Quad CCD detector technologies.

Cedara Software is a Merge Healthcare company 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 .

For more information about Swissray’s family of ddR solutions, visit the Swissray website at http://www.swissray.com .

Safe Harbor: This press release may contain forward-looking statements, and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as “believe,” “expect,” “intend,” “anticipate,” “estimate,” “project,” or similar expressions. Swissray’s actual results, performance, actions and achievements may differ materially from the results, performance, actions and achievements expressed or implied in such forward-looking statements.

CONTACT: John Monahan Swissray International, Inc. (908) 353-0971 x 112 jmonahan@swissray.com

Swissray International, Inc.

CONTACT: John Monahan of Swissray International, Inc., +1-908-353-0971ext. 112, jmonahan@swissray.com

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