Business Services Industry
SonoSite and Siemens Form Strategic Alliance for German Market; Siemens to Distribute SonoSite Hand-Carried Systems in World's Third Largest Ultrasound Market
Business Wire, April 21, 2006
BOTHELL, Wash. & ERLANGEN, Germany -- 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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