SonoSite Joins Office of the Future Research and Development Consortium.ORLANDO, Fla.--(BUSINESS WIRE)--Sept. 17, 1999-- --Tomorrow's Technology Showcased Today at the American Academy The American Academy in Berlin is a non-partisan academic institution in Berlin. It was founded in September 1994 by a group of prominent Americans and Germans, among them Richard Holbrooke, Henry Kissinger, Richard von Weizsäcker, Fritz Stern and Otto Graf Lambsdorff and opened in of Family Physicians Scientific Assembly in Orlando-- SonoSite, Inc. (Nasdaq:SONO) today announced that the Company has joined Office of the Future, a research and development consortium whose mission is to create the physician's office of the future through the integration of technology, information and design. The consortium is developing exam and procedure rooms that enhance provider productivity, eliminate redundancy, promote patient satisfaction, enhance device compatibility, incorporate new tools and technology and maximize cost effectiveness. The consortium plans to integrate SonoSite's revolutionary, 5.4 pound, hand-carried ultrasound device, the SonoSite(TM) 180 system, into the Office of the Future concept. SonoSite is premiering the SonoSite 180 system to family practice physicians at the 51st Annual Scientific Assembly of the American Academy of Family Physicians American Academy of Family Physicians, n.pr a national medical organization established in 1947 to promote the practice of family medicine. (Booth no. 2380) currently underway in Orlando. "The SonoSite 180 ultrasound system fits beautifully into our Office of the Future concept of integrating sleek design, cutting-edge technology and efficiency," said Louise McDonald of Welch Allyn Welch Allyn, Inc. was founded in 1915 and is today a leading manufacturer of innovative medical diagnostic and therapeutic devices, cardiac defibrillators, patient monitoring systems, and miniature precision lamps. , and co-director of the Office of the Future project. "The system's innovative design, high quality imaging, portability and affordability will greatly enhance office functionality, efficiency, cost effectiveness and help facilitate the patient-physician relationship patient-physician relationship Medtalk A formal relationship that exists between the physician and the Pt, often equated to medical 'duties' that the physician must perform in a professionally acceptable manner. See Doctor-Pt interaction. Cf Abandonment. ." "We believe our products and technology represent the future of physical exams," 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. "As we enter into the new millennium, the SonoSite 180 system is poised to become an invaluable frontline front·line also front line n. 1. A front or boundary, especially one between military, political, or ideological positions. 2. Basketball See frontcourt. 3. Football The linemen of a team. diagnostic tool in the physician's office, allowing physicians to expand the routine use of ultrasound to make fast, more accurate assessments of patients." Established in 1996 to expand the physician office's electronic capabilities, the Office of the Future project continues to evolve through ongoing research at several provider sites in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Along with SonoSite and Welch Allyn, the consortium also includes co-founder Midmark Corporation, American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. Healthcare Finance, American Medical Development, Inc., GE Marquette Medical Systems, Health Care Data Systems, Hewlett-Packard, Lunar Corporation, Physician Micro Systems, Inc., Schiller AG, Sony Electronics Sony Electronics Inc., headquartered in San Diego, Calif., is the largest component of Sony Corporation of America, the U.S. holding company for Sony's U.S.-based electronics and entertainment businesses. Medical Systems and Tanita Corporation. More information on Office of the Future is available on the internet at www.welchallyn.com/medical/products/catalog/office, or by contacting Rosemarie Nelson, market development manager, Welch Allyn, 315/685-2615, and Kerry Heitkamp, project manager, Midmark Corporation, 937/526-8243. SonoSite, Inc., (www.sonosite.com) headquartered in 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 , is developing a new class of highly portable, all-digital ultrasound systems that are designed to have the image quality of larger, more expensive systems but will be small enough to be hand-carried from bedside to bedside and room to room in almost any clinical setting. SonoSite (Nasdaq:SONO) became an independent public company on April 6, 1998, as a result of a spin-off from ATL (Active Template Library) A set of software routines from Microsoft that provide the basic framework for creating ActiveX and COM objects. Stemming from the standard template library (STL) that comes with C++ compilers, ATL includes an object wizard that sets up Ultrasound. 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, including statements concerning impact on Office of the Future efficiency, performance and cost effectiveness 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. " within the meaning of the Private Litigation Reform Act of 1995. Forward-looking statements are based on the opinions and estimates of management at the time the statements are made and are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements. The words "believe," "expect," "intend," "anticipate," variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. These statements are not guaranties of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Factors that could affect SonoSite's actual results include, among others, uncertainties as to the Company's ability to manage potential problems, delays or unanticipated expenses, and product acceptance by the medical community. Readers are cautioned not to place undue reliance upon these forward-looking statements that speak only as to the date of this release. Reference is made to SonoSite's latest annual report on Form 10-K/A filed with the Securities and Exchange Commission for a more definitive description of such factors. SonoSite undertakes no obligation to update publicly 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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