SonoSite and Siemens Form Strategic Alliance for German Market; Siemens to Distribute SonoSite Hand-Carried Systems in World's
April 21 2006 - 5:00AM
Business Wire
SonoSite, Inc. (Nasdaq:SONO), the world leader in hand-carried
ultrasound, announced today that the company has signed an
agreement with Siemens Medical Solutions for the German ultrasound
market. Under the terms of the agreement, Siemens will market and
distribute SonoSite's MicroMaxx(TM) and TITAN(R) systems into
Germany's general imaging and point-of-care hospital markets. "We
are honored that Siemens, a preeminent technology and global market
leader in medical imaging, has selected SonoSite as its partner for
hand-carried ultrasound in Germany," said Dieter Schwartmann,
SonoSite Vice President, Europe. "We believe that working together
will create and expand opportunities for both companies as well as
accelerate the adoption of hand-carried ultrasound in this
strategically important market." "The SonoSite systems are a good
complement to the Siemens ultrasound product line," said Klaus
Hambuechen, President of the Siemens Medical Solutions Ultrasound
Division. "Siemens can now respond to the very special needs of
care in mobile ultrasound." About SonoSite, Inc. With the
appearance of a laptop computer and weighing less than 4kg,
SonoSite's hand-carried systems bring the benefits of ultrasound
visualization to wherever the patient is located and reduce the
risk, time and expense of transporting patients to a hospital
imaging center. Headquartered in the United States near Seattle,
Washington, SonoSite (www.sonosite.com) has a worldwide installed
base of over 25,000 systems and is represented by eight
subsidiaries and a global distribution network in over 75
countries. SonoSite, GmbH, a wholly owned subsidiary of SonoSite,
Inc. based in Erlangen, Germany, oversees a direct sales
distribution network in Germany and Switzerland. About Siemens
Medical Solutions Siemens Medical Solutions of Siemens AG (NYSE:SI)
with headquarters in Erlangen, Germany, is one of the largest
suppliers to the healthcare industry in the world. The company is
known for bringing together innovative medical technologies,
healthcare information systems, management consulting, and support
services, to help customers achieve tangible, sustainable, clinical
and financial outcomes. Employing approximately 33,000 people
worldwide and operating in more than 120 countries, Siemens Medical
Solutions reported sales of 7.6 billion EUR, orders of 8.6 billion
EUR and group profit of 976 million EUR for fiscal 2005. More
information can be obtained by visiting www.siemens.com/medical.
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