LINKOPING, Sweden, Feb. 27, 2003 (PRIMEZONE) -- The Swedish IT and medical technology company Sectra (Other OTC:SSBBF) (Stockholm:SECTb) has signed a partnership agreement with InSight Oceania Pty Ltd. (InSight), an Australian medical distribution company. Insight provides value-added services to a large customer base throughout the diagnostic imaging and medical IT market segments in the Oceania region.
Through this partnership agreement, InSight becomes a distributor of Sectra's system for processing and archiving of digital images (PACS). InSight, with headquarters in Sidney, will market and install Sectra PACS to health care providers in Australia and New Zealand.
The agreement with InSight is part of Sectra's strategy for an increased internationalization and complements existing partnerships.
"InSight is a successful company in the medical IT business," said Georg Sellmann, Vice President Operations at Sectra Imtec AB. "They are well-established in the Australian market for radiology and have in a short time gained an excellent reputation. Combined with the fact that they have highly qualified personnel corresponding to our high demands on competence, this constitutes a solid base for a prosperous partnership," Georg Sellmann added.
"We are excited to provide our customers with a well-proven solution that will allow them to streamline the workflow of clinical information, reduce operating costs and achieve new levels of efficiency," said John Walstab, Managing Director of InSight. "In response to the growing demand for PACS solutions in the Australasian market, we want to provide our customers with the best possible imaging technology available. Partnering with Sectra will further strengthen our industry position by delivering state-of-the-art technology to the imaging marketplace."
About InSight
InSight Oceania Pty Ltd. formed in December 1998, is a high technology medical distribution company providing professional sales, service and support focused on the Oceania region. InSight provides excellent market exposure for international manufacturers.
About Sectra
Sectra is one of today's major diagnostic imaging providers with more than 350 installations worldwide. The Sweden-based company operates through partners in most of the world, but delivers directly to end- customers in some markets. Sectra's core business is to deliver top-of-the-line high-availability, robust enterprise diagnostic imaging for 24/7 operation. In Sweden and Norway, which are currently the countries with the largest penetration of diagnostic imaging systems in the world, Sectra holds a dominant market leadership with more than 50 percent of all film-free installations. The company has its largest number of installed systems in Sweden, Norway, Finland and Denmark but has also, through partnerships, systems installed in most major countries in Europe, Far East, Canada and the U.S. For more information, visit www.sectra.com.
For further information, please contact:
Sectra Imtec AB Dr. Torbjorn Kronander, President +46 705 23 52 27 to-kro@sectra.se Sectra AB Dr. Jan-Olof Bruer, President and CEO +46 13 23 52 09 job@sectra.se
Visit our Website http://www.sectra.com
Sectra's operations
Sectra has its roots in Linkoping Technical University and is one of Sweden's fastest growing high-tech companies in the IT area. Since the mid-1980s, Sectra has successfully conducted development and sales of high-technology medical IT and telecommunications products. Today, the business includes products in medical systems, secure communication systems and wireless information systems.
Sectra's medical business is conducted in Sectra Imtec AB, which is a wholly owned subsidiary of Sectra AB. Internationally, Sectra PACS(TM) is marketed and sold through different partners.
Business is conducted in eight countries with a total of 260 employees. Sales for the fiscal year May 2001-April 2002 reached SEK 426 million. Since March 1999, Sectra's shares have been quoted on the O-list of the Stockholm Exchange.
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