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To: daveG who wrote (10821)8/14/1998 12:14:00 PM
From: Glenn Olsen  Read Replies (1) | Respond to of 19354
 
Dave

Gosh check the 12/31/94 filing. 3 1/2 years ago.
. The Company is progressing toward the completion of its "Quad 12000" and
"Quad 7000" MRI scanners, which together with other research and development
projects is intended to significantly improve the Company's competitive
position. The Company expects to commence sales of its "Quad" scanners in
fiscal 1995. This scanner will be a highly competitive and totally new high
field non-claustrophobic scanner not available in today's MRI market. The
Company expects vigorous sales from this new product.
The exceptional versatility and productivity of MRI technology creates
the impetus for new uses. As a result, dramatic new features are developed
and sold to the Company's customer base thereby extending the useful life of
their equipment, avoiding obsolescence and minimizing capital expenditures.
Upgrades consist of hardware, software and pulse sequences designed to
maximize throughput while maintaining image quality and patient comfort.
This income resource is considered to be a major asset of the company.
Accordingly, during the current fiscal year, the Company has continued
the program for upgrading previously installed scanners. In conjunction
with this program, significant research and development programs have been
continued, which emphasize the development of new features for the Company's
scanner upgrade program. More specifically, products derived from the
Company's new "Quad" and "Ultimate" scanners are expected to generate
substantial upgrade revenue as customers upgrade their existing scanners to
take advantage of the improved image quality and high speed image processing
capabilities.
Products derived from the Company's "Ultimate MR" scanner product line
are expected to generate significant revenue in fiscal 1995. The Ultimate
MR scanner provides improved image quality and high speed imaging at costs
that are significantly less than the competition and more in keeping with
the medical cost reduction demands being made by our national leaders on
behalf of the public.



To: daveG who wrote (10821)8/14/1998 12:26:00 PM
From: WebDrone  Read Replies (1) | Respond to of 19354
 
Dave, that post speaks for itself:

<The QUAD scanners are totally new non-claustrophobic scanners not previously available in the MRI market.>

translation: The Quad scanner was not previously available

<At .6 Tesla field strength, the QUAD 12000 magnet is the highest field "Open MRI" in the industry, offering non-claustrophobic MRI together with high-field image quality for the first time. >

translation: Now that we have 0.6T, higher field is better. Forget our other scanners. We call 0.6T "high field", although the industry calls this "mid-field", and we finally hope to have some image quality- for the first time.

<The Company expects marked demand for its high-field "Open MRI" scanners since image quality increases as a direct proportion to magnetic field strength. In addition, the Company's new scanners provide improved image quality and high speed imaging at costs that are significantly less than the competition>
translation: Although we said there is no competition for this product, we are much cheaper and have better image quality. Forget about 1.5T, we can't compete there, but we are cheaper.

<In addition to the QUAD scanners, the Company is completing the development of two new MRI scanners which are intended to enhance the Company's competitive position and revenues.>...<The OR 360 has an enlarged room sized magnet>
translation: Forget about what we said about field strength, this is cool.