Century City Doctors Hospital Selects Siemens to Develop a World-Class Digital Hospital; A Paperless Healthcare System Becomes a Reality.

CENTURY CITY, Calif. & NEW YORK -- Century City Doctors Hospital (CCDH) has selected Siemens as its technology partner to develop a premier digital hospital scheduled to open late fall 2004. Several Siemens U.S. operating companies will be providing products and services to the new hospital, which will be one of the largest physician-owned-and-operated acute care hospitals in the United States.

Siemens will provide CCDH with sophisticated technologies, including everything from medical equipment and building technologies to information technology (IT) outsourcing, financing and professional services. Aimed at helping CCDH to provide high quality and efficient clinical, operational and financial performance outcomes, these products and services include advanced medical imaging and diagnostic equipment: comprehensive IT systems; fully integrated voice, data, video and nurse call systems; and building control technologies. Siemens also will deploy a comprehensive security system, including smart card technology for identification badges, facility access and data security.

"Our goal was to identify a technology service provider that would help us open a state-of-the-art hospital on-time and within budget," stated Joel Bergenfeld, CEO of CCDH. "Siemens is uniquely qualified to provide the technology leadership and project management we need to help us realize our vision of a premier all-digital hospital for the Westside community." When opened, CCDH will feature a 178-bed acute care hospital and a much-needed emergency room for the community.

"Siemens is proud to be chosen as a long-term partner to CCDH as we share its commitment to creating a healthcare system - and environment - that offers the highest standard of patient care," said Jon Trigg, who directs healthcare solutions at Siemens One. "In modern medicine today, streamlining processes is critical to the two challenges all healthcare organizations face - improving patient care and lowering costs. By leveraging Siemens technologies and integration expertise, CCDH will enhance the standardization of systems and optimize workflow to provide more effective and efficient patient care."

About Siemens

Siemens AG (NYSE:SI) is one of the largest global electronics and engineering companies with reported worldwide sales of $80.5 billion in fiscal 2003. Founded more than 150 years ago, the company is a leader in the areas of Automation and Control, Information and Communications, Lighting, Medical, Power and Transportation. With its U.S. corporate headquarters in New York City, Siemens in the USA has sales of $16.6 billion and employs 70,000 people throughout all 50 states and Puerto Rico. Eleven of Siemens' worldwide businesses are based in the United States. With its global headquarters in Munich, Siemens AG and its subsidiaries employ 423,000 people in 192 countries.

For more information on Siemens in the United States: www.usa.siemens.com.