10,000 SonoSite Hand-Carried Ultrasound Systems Now in Clinical Use; The Hand-Carried Ultrasound Category Created By SonoSite Reaches Another Milestone In Just Over Three Years.Business Editors/Health/Medical Writers BOTHELL, Wash.--(BUSINESS WIRE)--Feb. 3, 2003 SonoSite, Inc. (Nasdaq:SONO), the world leader in hand-carried ultrasound, announced today that the 10,000th SonoSite system has been delivered. This milestone has been met just 39 months after the company shipped its first 5.4 pound, all-digital, hand-carried ultrasound -- the SonoSite(R) 180 system. SonoSite's 10,000th system, the SonoSite(R) 180PLUS, was delivered to Vanderbilt University Medical Center The Vanderbilt University Medical Center (VUMC) is a collection of several hospitals and clinics associated with Vanderbilt University in Nashville, Tennessee. It comprises the following units:[2]
Nashville is the capital and the second most populous city of the U.S. state of Tennessee, after Memphis. for use in the Intensive Care Unit (ICU ICU intensive care unit. ICU abbr. intensive care unit ICU see intensive care unit. ICU ). Currently, Vanderbilt has five SonoSite hand-carried ultrasound systems throughout its health care facility, specifically in the interventional radiology interventional radiology Imaging A subspecialty of radiology that provides Diagnostic information–eg, CT-guided 'skinny' needle biopsies and dye injection for analysis of various lumina and tracts–eg, arteriography, cholangiography, antegrade , radiology, emergency medicine, and ICU departments. "We purchased our first SonoSite hand-carried ultrasound system in 1999," said Arthur Fleischer, MD, director of Diagnostic Sonography sonography: see ultrasound and Women's Imaging at Vanderbilt University Vanderbilt University, at Nashville, Tenn.; coeducational; chartered 1872 as Central Univ. of Methodist Episcopal Church, founded and renamed 1873, opened 1875 through a gift from Cornelius Vanderbilt. Until 1914 it operated under the auspices of the Methodist Church. . "Immediately, we noticed the impact it had on easing patient scheduling, thus, increasing patient satisfaction. In addition, because they are hand-carried, we can bring SonoSite's products directly to our patients enabling our medical team to make quicker and more informed diagnostic decisions and perform safe and efficient interventional procedures. Since 1999, we've added four additional SonoSite systems throughout our medical facility." "The installation of our 10,000th product is a significant milestone for the Company because it shows the impact our systems are having throughout health care," said Kevin M. Goodwin, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of SonoSite, Inc., Bothell, Washington Bothell is a city located in the state of Washington. The population was 30,150 at the time of the 2000 census. Prior to annexation and the 2000 census, the northern portions of Bothell which lie in Snohomish County were considered a part of the Alderwood Manor-Bothell North . "Vanderbilt is a leading medical institution and recognized for its high quality radiological ultrasound services. We are pleased that we have attracted repeat purchases and expanded usage by Vanderbilt's clinical staff. We intend to continue our focus on innovation and strong customer satisfaction as a means of growing the company going forward." SonoSite Systems Have Expanded the Role of Ultrasound Hand-carried ultrasound is gaining adoption because it enables trained clinicians to immediately obtain information that can help diagnose a patient's condition or guide a delicate procedure. Due to their high quality, ease of use, and mobility, SonoSite systems can more easily be used by a variety of clinicians in lieu of traditional cart-based ultrasound systems. At less than six pounds, SonoSite's hand-carried systems allow clinicians to easily carry ultrasound to a variety of clinical settings -- from an exam room to a patient's bedside to the emergency department. About SonoSite's Systems SonoSite offers a full suite of hand-carried visualization solutions: the SonoSite 180PLUS, the SonoHeart(R) ELITE, the iLook(TM) 15, and the iLook(TM) 25. SonoSite's full-featured, high quality flagship products A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. are the SonoSite 180PLUS, designed for full-body imaging, and the SonoHeart ELITE, designed for cardiac imaging. The iLook 15 is intended for 'quick look' diagnostics and the iLook 25 is designed to provide superior visual guidance while performing vascular access vascular access Clinical medicine The ability to enter the vascular system; the ease with which the vascular system can be entered for administering therapy or obtaining blood for testing procedures. In addition to SonoSite's dedicated U.S. sales force, the Company has direct operations in the U.K., France, Germany and Spain, as well as strong partnerships with companies around the world, such as with Olympus Optical, Ltd. in Japan. About SonoSite SonoSite, Inc. (www.sonosite.com), headquartered in Bothell, Wash., is creating and leading the point-of-care hand-carried ultrasound market. By working to develop products that maximize ultrasound imaging performance while simultaneously minimizing product size, SonoSite is creating new markets and removing barriers to the use of ultrasound across medicine. With 10,000 units sold worldwide since 1999, SonoSite products have become known for exceptional durability with a high design value. The Company is dedicated to putting the power of its technology into the hands of trained clinicians, allowing them to take high quality looks inside the body for faster, better-informed clinical decisions that can enable earlier treatment and improve patient outcomes. Forward-looking Information and the Private Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995 Certain statements in this press release relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the market acceptance of our products and our future financial and operations results are "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " for the purposes of the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These forward-looking statements are based on the opinions and estimates of our management at the time the statements are made and are subject to risks and uncertainties that could cause actual results to differ materially from those expected or implied by the forward-looking statements. These statements are not guaranties of future performance and are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions. Factors that could affect rate and extent of market acceptance of our products and our financial performance include the willingness of healthcare providers who do not currently use ultrasound to use ultrasound, the extent to which healthcare insurers reimburse providers for ultrasound procedures, our ability to train new users of ultrasound, our limited manufacturing experience, the ability of our relatively new direct sales force to perform, the strength of our competition as well as other factors described under the heading, "Factors Affecting Our Operating Results, Our Business and Our Stock Price," included in our latest periodic report filed with the Securities and Exchange Commission. We caution readers not to place undue reliance upon these forward-looking statements that speak only as to the date of this release. We undertake no obligation to publicly revise any forward-looking statements to reflect new information, events or circumstances after the date of this release or to reflect the occurrence of unanticipated events. |
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