Molecular Imaging Products Company Announces Agreement with Olympus Corporation


BEND, Ore., April 7, 2006 (PRIMEZONE) -- Dennis Corey, Operations Manager for Molecular Imaging Products Company (MIP), today announced the signing of a distribution agreement with Olympus Corporation. MIP is a leading manufacturer and distributor of small animal inhalant anesthesia equipment and accessories to the research, veterinary and molecular imaging communities. MIP distributes these products through its Summit Anesthesia Solutions division.

The agreement calls for Olympus's Japan operations to purchase MIP's high-quality anesthesia systems for use in Olympus's in vivo imaging system (IV100/ OV100). "We are very excited about this relationship," stated Mr. Corey. "Olympus is known for their attention to detail and high-quality products. We are honored to have them as a distribution partner," said Mr. Corey. "Our emphasis on expanding our sales force and marketing efforts continue to provide recognition for our products and we expect to announce additional distribution agreements soon," Mr. Corey continued.

Dr. Kiyotsugu Kojima, who is a leader of in vivo imaging system development in Olympus, said: "Now we are able to provide our IV100 and OV100 customers with the anesthesia system from the leading company MIP, so we believe our customers can commence their experiments smoothly using the instrumentation of MIP!"

About Olympus

Olympus is a precision technology leader, designing and delivering innovative solutions in healthcare, industrial equipment and consumer electronics worldwide. Olympus works collaboratively with its customers to leverage R&D investment in precision technology and manufacturing processes across diverse business lines. These include:



 -- Gastrointestinal endoscopes, accessories, and minimally invasive
    surgical products;

 -- Advanced clinical and research microscopes;

 -- Lab automation systems, chemistry-immuno and blood bank analyzers
    and reagents;

 -- Industrial endoscope and microscopes

 -- Digital and film cameras, and digital voice recorders and
    binoculars, etc.

About Molecular Imaging Products Company (MIP)

MIP, based in Ann Arbor, Michigan, is a rapidly growing specialty manufacturer and distributor of molecular imaging and related biochemical products to assist life science researchers in the rapidly expanding molecular imaging markets. In April of 2005, MIP merged with Summit Medical to expand its product line into new inhalant anesthesia systems and accessories for research and private practice veterinarians. Molecular imaging for cancer diagnosis and treatment purposes is an expanding field with great advancements to date and even greater potential. MIP is positioning itself to become a leading supplier of all types of molecular imaging products to researchers in this field.



            

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