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Biotech / Medical : Visible Genetics Inc.(VGIN)
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To: Richard Haugland who wrote (171)3/19/1998 1:03:00 PM
From: Richard Haugland  Read Replies (1) of 337
 
These are the numbers of systems reported before the Amersham annoucement.

The fourth quarter 1997 sales include direct VGI sales of 43 OpenGene Systems and 5 additional OpenGene systems shipped as part of partnership projects. In addition, VGI received orders from customers and distributors for a further 51 systems that will be shipped in the first quarter 1998.

''At the end of 1997, Visible Genetics had 97 installed sites with a total of over 138 systems in the field. We are very pleased with our fourth quarter results and continued quarterly growth.

Since the VGINF announcement today says that the 100 units to Amersham "represent the first portion of a minimum order" it seems that between installed sites and new ones that the number of units in the field will double, with a good increase in number of kits too.
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