RaySearch enters partnership with Siemens

RaySearch enters partnership with Siemens

RaySearch Laboratories AB (publ.) has entered into a long-term development and
licensing agreement with Siemens Healthcare. This new collaboration means that
RaySearch will provide a number of treatment planning modules aimed at improving
radiation therapy. The software modules will be integrated in Siemens' syngo®
Suite for Oncology, which is Siemens' integrated workflow solution for radiation
therapy. 

“We are very proud to form this partnership with Siemens as they are one of the
leading global suppliers of equipment for radiation therapy”, says Johan Löf,
CEO of RaySearch. “Our advanced radiation treatment components together with
Siemens' comprehensive syngo® platform will become a highly competitive package.
We are looking forward to joining our forces and bringing these state of the art
solutions to Siemens' customers all over the world”, concludes Johan Löf. 

“With its experience in the field of software components for radiation oncology,
RaySearch is an excellent partner for the joint development of special software
solutions. The cooperation with RaySearch will complement our software
offerings, and give our customers access to a variety of new technologies for
the clinical routine.” says Holger Schmidt, CEO of Siemens Healthcare Oncology
Care Systems.

The collaboration is expected to start generating revenues for RaySearch during
2011.

ABOUT SIEMENS 
The Siemens Healthcare Sector is one of the world's largest suppliers to the
healthcare industry. The company is a renowned medical solutions provider with
core competence and innovative strength in diagnostic and therapeutic
technologies as well as in knowledge engineering, including information
technology and system integration. With its laboratory diagnostics acquisitions,
Siemens Healthcare is the first integrated healthcare company, bringing together
imaging and lab diagnostics, therapy, and healthcare information technology
solutions, supplemented by consulting and support services. Siemens Healthcare
delivers solutions across the entire continuum of care - from prevention and
early detection, to diagnosis, therapy and care. Additionally, Siemens
Healthcare is the global market leader in innovative hearing instruments. The
company employs more than 49,000 people worldwide and operates in 130 countries.
In the fiscal year 2008 (Sept. 30), Siemens Healthcare reported sales of 11.17
billion, orders of €11.78 billion, and group profit of €1.23 billion.

Further information can be found by visiting www.siemens.com/healthcare


ABOUT RAYSEARCH
RaySearch Laboratories is a medical technology company that develops advanced
software solutions for improved radiation therapy of cancer. RaySearch's
products are sold through license agreements with leading partners such as
Philips, Varian, Siemens, Nucletron, IBA Dosimetry and TomoTherapy. Ten products
have been launched to date and RaySearch's software is used at over 1,300
clinics in more than 30 countries. In addition, existing license agreements
cover more than 15 other products that are scheduled to be launched in the
coming years. RaySearch was founded in 2000 as a spin-off from Karolinska
Institutet in Stockholm and the company is listed in the SmallCap segment on the
OMX Nordic Exchange Stockholm. 

For more information about RaySearch, please visit www.raysearchlabs.com.


FOR FURTHER INFORMATION, CONTACT:

SIEMENS
Marion Bludszuweit, Press Officer, Siemens Healthcare
Telephone: +49 9131 843 292
marion.bludszuweit@siemens.com

RAYSEARCH
Johan Löf, President and CEO, RaySearch Laboratories AB
Telephone: +46 (0)8-545 061 30
johan.lof@raysearchlabs.com