Dicom Imaging Systems Announces Strategic Partnership for Distribution of Dental Imaging Suite in Asian Market.Business Editors LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , Nev.--(BUSINESS WIRE)--July 13, 2000 Dicom Imaging Systems (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :DCIM DCIM Digital Camera Images DCIM Duke Center for Integrative Medicine (Durham, NC) DCIM Discrete Complex Image Method DCIM Display Control Interface Module DCIM Digital Camera Image Management DCIM Digital Camera Images Managing ), today announced that it has signed a Letter of Intent with Techwise International, Inc. for the distribution and marketing of the Dental Imaging Suite in the Asian market. Under the proposed terms, Dicom will supply the Dental Imaging Suite, the initial sales, and up sell initiative as well as support at trade shows and conferences. Techwise International will become the exclusive mass market distributor for the territories of Mainland China, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , Singapore, Malaysia and other designated Asian Countries. Subject to a mass-market study, the companies anticipate a mutually beneficial Adj. 1. mutually beneficial - mutually dependent interdependent, mutualist dependent - relying on or requiring a person or thing for support, supply, or what is needed; "dependent children"; "dependent on moisture" pricing structure that will allow for rapid market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" . Dr. David Gane, 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 Dicom Imaging Systems, stated, "This binding letter of intent represents a major milestone for Dicom. This partnership will enable Dicom to rapidly and efficiently penetrate the Asian marketplace, capture significant market share, align ourselves with highly regarded partners in Asia as well as produce significant annual revenues. Techwise International has the critical expertise, track record and resources to assist us in our goals. We will also continue to explore additional strategic partners for distribution of our technology internationally." Mr. Wayne Rees, Vice President of Dicom Imaging Systems, stated, "With shareholder value at the forefront of our decisions and strategies, we are continually committed to generating revenue with distribution agreements that will positively affect our bottom line. We continue to seek joint ventures to increase distribution in Europe and the U.S, a multi-billion dollar market. In addition, we continue to aggressively pursue the medical imaging market with initial deployment expected in October." Dicom Imaging Systems currently has licensing and distribution agreements with KADA Innovations Ltd., Schein Arcona, Ash Temple, Synca, Centaur centaur (sĕn`tôr), in Greek mythology, creature, half man and half horse. The centaurs were fathered by Ixion or by Centaurus, who was Ixion's son. Software Development Pty Ltd and National Electronic Attachment. These agreements are comprised of the dental markets in United States, Canada, Australia, United Kingdom and New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. . Techwise International, Inc. is a Nevada based company that distributes products to the Asian medical market through relationships that have been established over a twenty-year period. Dicom Imaging Systems, Inc. is a focused, dynamic player in the global e-healthcare market concentrating on selected fields of dental and medical imaging as well as related technology research and development, marketing and distribution. Dicom Imaging Systems, Inc. is a provider of DICOM (Digital Imaging Communications in Medicine) compliant Imaging Software to the dental industry and is currently setting the standard of DICOM compliance in dentistry by distributing a complimentary copy of its Dental Imaging Suite(TM) to dental professionals, laboratories, educational facilities and dental equipment manufacturers and dealers, through direct mail and through partnering arrangements. For more information, visit Dicom's web site at www.dicom-image.com. 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. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and section 21E of the Exchange Act of 1934, as amended by public law 104-67 and is subject to safe harbor by these sections. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements, which involve numerous risks and uncertainties. |
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