AccuImage Signs Diagnostic Image Software Distribution Agreement with SMAART Medical Systems.Business Editors/Health/Medical Writers/High-Tech Writers SAN FRANCISCO--(BUSINESS WIRE)--Oct. 7, 2003 SMAART SMAART Specific, Measurable, Attainable, Agreed, Relevant, & Time-specific SMAART Specific, Measurable, Attainable, Action-oriented, Result-oriented & Time-phased Medical Systems' Revolutionary New Marketing Plan Will Require No Capital Investment for Workstations or Software from Physicians, Hospitals or Clinics AccuImage, Inc., a global leader in providing digital image software and related workstations to the medical industry, announced today an agreement with SMAART Medical Systems for the worldwide distribution of its portfolio of systems and diagnostic image software. SMAART Medical Systems Inc., a Dallas-based company, was formed for the specific business purpose of distributing diagnostic image software. SMAART plans to offer the AccuImage software under its "Pay-To-Use" plan. Under the plan SMAART will rent a workstation to the hospital, clinic or physician and allow the users to select specific diagnostic image software needed for their practice or procedures. The customer then pays a fee each time it uses the diagnostic image software. The customer only gets the software it needs, and it only pays when it uses that software. "It is time for the universal and economic access to diagnostic image software," said Dr. Allen Wall, Interim 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 AccuImage. "With no capital investment required, the SMAART business plan will allow any diagnostic image center, regardless of size or location, to receive the diagnostic advantages and capabilities of the AccuImage software." "There is no question that the AccuImage portfolio of diagnostic image software is without peer," said G. Ray Miller, CEO of SMAART. "Our initial research in the diagnostic image software industry," Miller added, "led us to the unique diagnostic and multi-discipline capabilities of the AccuImage software. However of equal importance was the architectural structure An architectural structure is a free-standing, immobile outdoor construction. The structure may be permanent. Typical examples include buildings and nonbuilding structures such as bridges, dams, electricity pylons, and radio masts. of the software, which allows SMAART to unbundle To sell components in a system separately. Contrast with bundle. the diagnostic specific software." The SMAART workstations are rented to the customer and connect to their CT, MRI 1. (application) MRI - Magnetic Resonance Imaging. 2. MRI - Measurement Requirements and Interface. , Nuclear Medicine, Angiography angiography or arteriography X-ray examination of arteries and veins with a contrast medium to differentiate them from surrounding organs. The contrast medium is introduced through a catheter to show the blood vessels and the structures they supply, including , Cardiac Catherization, Ultrasound and CR/DR CR/DR Change Request/Discrepancy Report X-Ray modalities. The SMAART workstation receives the images/datasets where the technologist or radiologist may perform the required post processing of the images/datasets. The images can then be sent through to a remote location or to archive for later review. For company information please visit the SMAART web site at www.smaart.net. Dallas, Texas 1-866-304-0020. About AccuImage Diagnostics Corporation AccuImage is engaged in the development, marketing and support of software for visualization, analysis and management of medical imaging data, particularly in support of the rapidly growing market for expanded applications of CT scanning CT scanning Computer tomography scanning is a diagnostic imaging tool that uses x rays sent through the body at different angles. Mentioned in: Apraxia . The software brings value by reducing the time the physician needs for reviewing and reporting cases, enhancing the interpretation of studies, and providing 3-D images for marketing, promotion and patient information. Efficiency gains and cost savings are realized through automated reporting tools incorporating expert knowledge, and by providing hardware and software for distribution of the images and reports via internal networks as well as internet transmission to remote locations, to referring physicians and to patients. The Company has expanded its markets by creating unique products for digital radiography digital radiography Imaging A format for producing x-rays in which film used to produce conventional x-ray images is replaced with more sensitive sensitive electronics; DXRs produce images with1⁄2 , by the offer of innovative obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. protection packages, and by expanding its line of report generation software. For company information please visit the AccuImage website at www.accuimage.com. Except for the historical information contained herein, the matters discussed in this news release may contain forward-looking statements that are based on current expectations and estimates about the industry in which AccuImage operates, the estimated impact of certain technological advances, as well as management's beliefs and assumptions. It is important to note that the Company's actual results could differ materially from those projected in such forward-looking statements. The factors that could cause actual results to differ materially include, among others: reliance on product distributors; competition in the diagnostic imaging market; failure to improve product reliability or introduce new product models and enhancements; determinations by regulatory and administrative government authorities; and the risk factors listed from time to time in the Company's Securities and Exchange Commission reports. Contacts: phone 650-875-0192, Investor Relations Investor relations The process by which the corporation communicates with its investors. : investors@accuimage.com, Ray Vallejo COO: contact@accuimage.com, Address: AccuImage Diagnostics Corp., 501 Grandview Drive Suite 100, South San Francisco South San Francisco, city (1990 pop. 54,312), San Mateo co., W Calif.; inc. 1908. South San Francisco has several industrial parks; its manufactures include medical supplies and equipment, foods, paint, paper products, consumer goods, and clothing. , CA 94080 |
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