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Biotech / Medical : Swissray Intl. Inc. (SRMI) -- Ignore unavailable to you. Want to Upgrade?

To: Ron who wrote (678)	10/6/1998 9:04:00 AM
From: SIer formerly known as Joe B.	Respond to of 763

Swissray sells 2 multifunctional direct digital radiography systems to the university of texas NEW YORK, NEW YORK, OCTOBER 6, 1998...SWISSRAY INTERNATIONAL, INC. (NASDAQ: SRMID) today announced the sale of two multifunction direct digital Radiography (ddR) systems, the AddOn- Multi-System, to the University of Texas Medical Branch at Galveston, Galveston, Texas. Financial terms were not disclosed. Both systems are scheduled to be installed during the month of October 1998. Ueli Laupper, CEO of Swissray America, Inc. stated: "I am delighted about these orders. After having successfully installed AddOn-Multi-Systems on both the East and West Coast as well as in North Dakota, we have now reference sites throughout the United States. This will greatly enhance our sales due to the importance of reference sites in our sales process." Mr. Raul Reyes Jr., Director of Radiology at the University of Texas Medical Branch at Galveston, said: "Our institution is committed to the conversion of analog image capture to digital. The Swissray direct digital radiography system is a natural fit to our long term strategy. It will enable us to improve efficiency and reduce operating costs immediately. The Swissray product will be an integral part of our PACS." "This is clearly the direction of the future as ddR eventually will become the norm. We are pleased that the Swissray product is being brought on board at this stage of our conversion to PACS, and have found that Swissray has the vision required to dove tail and work with developing technology", Dr. Swischuk, Assistant Chairman of Radiology at the University of Texas Medical Branch at Galveston, added. The AddOn-Multi-System is the worlds first multifunction direct digital Radiographic (ddR) system. It is the missing link for a fully digital radiology department and will move the industry closer to the ultimate goal: filmless radiology. The Swissray system significantly reduces operating costs and increases efficiency and productivity of radiology departments by eliminating time-consuming, labor-intensive and costly use of film, cassettes, chemicals and imaging plates. 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 radiographic systems and provides a comprehensive package of medical imaging informatics. For more information about the company and its AddOn-Multi-System visit the Swissray website at www.swissray.com. This release contains certain forward-looking statements which involve known and unknown risks, uncertainties or other factors not under the company's control which may cause actual results or 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.

To: Ron who wrote (678)	10/20/1998 9:39:00 AM
From: SIer formerly known as Joe B.	Read Replies (1) \| Respond to of 763

SWISSRAY ENTERS INTO A DISTRIBUTION AGREEMENT WITH X-RAY, INC. FOR THE DISTRIBUTION OF ITS UNIQUE DIRECT DIGITAL RADIOGRAPHY SYSTEM NEW YORK, NEW YORK, OCTOBER 20, 1998...SWISSRAY INTERNATIONAL, INC. (NASDAQ: SRMID) announced today its entry into a distribution agreement with X-Ray, Inc. ("XRI"), Warwick, Rhode Island. Under the term of the one-year agreement, renewable on an annual basis, XRI will distribute Swissray's direct digital Radiography (ddR) system, the AddOnMulti-System, in Connecticut, Rhode Island, Vermont, New Hampshire, Massachusetts and Maine. X-Ray, Inc. known as XRI, is the leading company of the XR Imaging Network, Inc. which includes full-line imaging, asset management, and equipment refurbishment. Ueli Laupper, CEO of Swissray America, Inc. stated, "With XRI we have found a highly qualified and renowned distributor to successfully market our digital equipment and services in the important area of the New England states. We have selected XRI because of the company's excellent reputation in the field of diagnostic imaging equipment. This agreement partnership will immediately add 10 new sales people to market our unique direct digital Radiography systems in the United States." Richard F. Ernst, President of XRI added, "The agreement with Swissray fits nicely with the digital expertise that both our account executives and service engineers have enjoyed over many years here in the New England market. The relationship is perfect for both Swissray's market direction and the future of XRI in the medical imaging and PACS arena." The AddOnMulti-System is the world's first multinational direct digital Radiographic (ddR) system. It is the missing link for a fully digital radiology department, and will move the industry closer to the ultimate goals: filmless radiology. The Swissray system significantly reduces operating costs and increases efficiency and productivity of radiology departments by eliminating time-consuming, labor-intensive and costly use of film, cassettes, chemicals and imaging plates. As an innovative developer and manufacturer of x-ray technology and systems, Swissray International, Inc. is a pioneer of of direct digital Radiography (ddR) technology. Swissray is, with its unique product line, the leader in direct digital radiographic systems and provides a comprehensive package of medical imaging informatics. For more information about the company and its AddOn-Multi-System visit the Swissray website at www.swissray.com. This release contains certain forward-looking statements which involve known and unknown risks, uncertainties or 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. L.G. Zangani, LLC provides financial public relations service to Swissray International, Inc. , As such L.G. Zangani, LLC and/or its officers, agents and employees, receives remuneration for public relations and or other services in the form of moneys, capital stock in the Company, warrants or options to purchase capital in the Company. -###-