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Investor Contact:
Steven M. Oreskovich
Chief Financial Officer
414.977.4000
ir@mergehealthcare.com |
NEWS RELEASE:
FOR IMMEDIATE RELEASE:
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OKLAHOMA HEALTH SYSTEM UPGRADES TO MERGE HEALTHCARE’S NEWEST
ENTERPRISE-WIDE PACS ENVIRONMENT
WITH INTEGRATED MAMMOGRAPHY
Milwaukee, WI, August 7, 2008 – Merge Healthcare (NASDAQ: MRGE; TSX: MRG), a leading medical imaging solutions provider, today announced that Saint Francis Health System, a large multi-site, multi-specialty hospital operating throughout Tulsa, Oklahoma, has signed a contract to upgrade from its existing PACS to the Merge Fusion PACS MX 3.0, a recently released solution with bundled multimodality and vendor neutral workstation capabilities of Merge Mammo 7.10. St. Francis is among the first in the US to adopt a solution that provides a single workstation environment with single worklist capability for most general diagnostic imaging modalities including digital x-ray, computed tomography, magnetic resonance imaging and positron emission tomography as well as mammography images.
"In nearly all organizations today, radiologists are required to read from separate PACS and mammography workstations, sometimes using multiple mammo workstations depending upon the vendor’s acquisition device," said Nancy Koenig, president of Merge Healthcare. "By integrating PACS and mammography capabilities, Merge brings a new option to imaging facilities to improve clinical quality and operational efficiency. Radiologists no longer spend time toggling between, searching through, and comparing images across different software solutions on different computer screens. In providing access via a single worklist at one workstation, we eliminate multiple processes, improve radiologists’ ability to read and compare images, and speed report turnaround time."
Fusion PACS MX provides powerful and efficient workflow for imaging organizations, allowing studies to be assigned to radiologists regardless of geographic location and obviating the need for paper records. Merge Mammo is a multi-modality, vendor neutral digital mammography workstation that displays and reads images from different acquisition devices, including digital mammography, ultrasound, MR and CT. Workflow is significantly streamlined by bundling both radiology and mammography onto the same computer, including tracking, reporting, electronic document management, and speech recognition software.
With 7,000 employees, St. Francis Health System includes five hospitals and multiple clinics and specialty programs across the greater Tulsa area. The system’s 918-bed St. Francis Hospital has been named Tulsa’s Consumer Choice hospital for over 10 years.
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Merge Healthcare is a leading medical imaging software and services company. Our innovative software solutions use leading-edge imaging software technologies that accelerate market delivery for our OEM customers, while our end-user solutions improve our customers' productivity and enhance the quality of patient care they provide. For additional information, visit our website at www.merge.com.
Except for the historical information herein, the matters discussed in this news release include forward-looking statements that may involve a number of risks and uncertainties. When used in this press release, the words “will,” “believes,” “intends,” “anticipates,” “expects” and similar expressions are intended to identify forward-looking statements. Actual results could differ materially from those expressed in, or implied by, the forward-looking statements based on a number of factors, including, but not limited to, market acceptance and performance of the Company’s products and services, including the Company’s teleradiology product and services; delay in the offering of the Company’s teleradiology product and services; the Company’s ability to attract and retain qualified radiologist consultants; risks and effects of the past restatement of financial statements of the Company and other actions that may be taken or required as a result of such restatement; the Company’s ability to generate sufficient cash from operations to meet future operating, financing and capital requirements; risks associated with the Company's failing to make timely filings with the SEC or its inability to meet the requirements of The NASDAQ Stock Market for continued listing, including possible delisting; costs, risks and effects of legal proceedings and investigations, including the formal investigation being conducted by the Securities and Exchange Commission and class action and derivative lawsuits; the impact of competitive products and pricing; and other risk factors detailed in the Company’s filings with the Securities and Exchange Commission. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update such factors or to publicly announce the results of any of the forward-looking statements contained herein to reflect future events, developments, or changed circumstances, or for any other reason.
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Attn: Melanie Gretzon
Merge Healthcare
6737 West Washington St.
Suite 2250
Milwaukee, WI 53214
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