NEW YORK, NEW YORK, APRIL 8, 1998...SWISSRAY INTERNATIONAL, INC.
(NASDAQ: SRMI) announced today the establishment of an OEM Agreement with Agfa
for the distribution of their laser imagers, dry printers, and computed radiography systems.
Swissray's AddOn-Multi-SystemO, the world's first multifunctional direct digital
radiographic system, is able to convert x-ray information directly into an image that can be
used for diagnostic purposes within 20 seconds. With the distribution of a full line of Agfa's
laser imagers, dry printers and computed radiography systems, Swissray is the first company
to offer a complete solution for a total digital radiology department. Products both from
Swissray and Agfa are DICOM 3.0 and HL-7 compatible, and can be used on a network or
for point-to-point connections.
Mr. Ueli Laupper, Vice President of Swissray International, Inc., stated, "I am very
pleased with the partnership with AGFA in the U.S. This will allow us to offer a
comprehensive package of products and solutions in the field of digital x-ray consistent with
our customers' goal of filmless radiology. I am convinced that this cooperation will be very
beneficial for Swissray as well as for Agfa."
Agfa, a leading worldwide manufacturer of Imaging products and systems is part of the
Agfa-Gevaert Group with annual sales of $5 billion. Agfa-Gevaert manufactures and
markets products and systems for the electronic and photographic prepress, medical and
technical diagnostic, and amateur and professional photographic markets. Headquartered in
Europe, Agfa-Gevaert is wholly owned by Bayer AG.
As an innovative developer and manufacturer of X-ray technology and systems, Swissray
International, Inc. is a pioneer of direct digital radiography (ddR) technology, Swissray is,
with its unique product line, the leader in direct digital X-ray systems.
For more information about the Company and its AddOn-Multi-SystemO visit the Swissray
web site at swissray.com
This release contains certain forward-looking statements which involve known and unknown risks,
uncertainties and other factors not under the Company's control which may cause actual results,
performance achievements of the Company to be materially different from the results, performance or
expectations implied by these forward-looking statements. These factors include, but are not limited
to, those detailed in the Company's periodic filings with the Securities and Exchange Commission.
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IMO they need another OEM to sell their products
more than they need to sell someone elses. They may
be biting off more than they can chew. If it works
their way will be more profitable. My suggestion
would lead to being profitable sooner. |
