Questra Corporation Enters Into Broad Intellectual Property Agreement with GE Healthcare

Business Wire, Oct 25, 2004

REDWOOD CITY, Calif. -- Questra Corporation announced today that it has entered into an intellectual property assignment and license agreement with GE Healthcare that provides Questra with broad intellectual property coverage for its intelligent device management products. The terms of the agreement were not announced.

The patents relate to the remote management and monitoring of various types of equipment. The Questra Smart Service Solution(TM) was introduced in 2002 and provides companies the ability to monitor the performance characteristics of their products and take proactive service actions.

"The marketplace for intelligent device management is an exciting one that has grown rapidly," stated Emil Wang, President and CEO of Questra Corporation. "We have always believed that the best way to earn success in the market is by delivering superior products and services. At the same time, in an increasingly litigious world, building a strong patent portfolio will both ensure that we grow unencumbered by the threat of lawsuits and increase the overall value of the company."

"Questra Corporation has been a valued vendor to GE Healthcare and we have been able to employ their intelligent device management capability in our products in exciting new ways," stated Steve Crowley, General Manager, Global Services Technology. "We view this intellectual property agreement as yet another way to strengthen our working relationship with Questra."

In February 2004, Questra announced that it had entered an agreement to provide its software to power GE Healthcare's next generation of InSite(TM) remote device monitoring and diagnostic services.

About Questra (www.questra.com)

Questra Corporation is an enterprise software company leading the development of intelligent device management solutions. Equipment manufacturers and their customers using the Questra Smart Service Solution lower their service costs through reduced emergency calls, proactive device monitoring and diagnostics, and streamlined accounting for consumables and usage. Agfa, Diagnostic Products Corp., GE Healthcare, Heidelberg, and SAIC have all selected Questra software as part of their corporate mission to advance from reactive to proactive equipment service and support. Questra is headquartered in Redwood City, Calif.

About GE Healthcare

GE Healthcare provides transformational medical technologies that will shape a new age of patient care. GE Healthcare's expertise in medical imaging and information technologies, medical diagnostics, patient monitoring systems, disease research, drug discovery and biopharmaceuticals is dedicated to detecting disease earlier and tailoring treatment for individual patients. GE Healthcare offers a broad range of services to improve productivity in healthcare and enable healthcare providers to better diagnose, treat and manage patients with conditions such as cancer, Alzheimer's and cardiovascular diseases.

GE Healthcare is a $14 billion unit of General Electric Company (NYSE:GE). Worldwide, GE Healthcare employs more than 42,500 people committed to serving healthcare professionals and their patients in more than 100 countries.