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Varian Medical Systems announces formation of new subsidiary in Seoul, South Korea.

M2 EQUITYBITES-August 24, 2012-Varian Medical Systems announces formation of new subsidiary in Seoul, South Korea(C)2012 M2 COMMUNICATIONS http://www.m2.com

Radiotherapy company Varian Medical Systems (NYSE:VAR) reported on Thursday the formation of an in-country subsidiary in South Korea, called Varian Medical Systems Korea, strengthening its leadership position in the country.

Based in Seoul, Varian Medical Systems Korea will support the launch and rollout of the company's TrueBeam treatment system while, over time, providing a local base for all its business units.

The company's new Seoul new office will also provide local support for Seoul-based HDX Corporation, which has distributed Varian's products in South Korea for 30 years.

Varian Medical Systems Korea is expected to optimise customer satisfaction through faster response times, strengthen the country's technical support capability, help meet regulatory and safety compliance requirements, provide better market information and further build upon the relationship with HDX.

((Comments on this story may be sent to info@m2.com)).END.PUB430>PDAugust 24, 2012>JNM2 EQUITYBITES.PRICEDATENOT APPLICABLE.DAY

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Publication:M2 EquityBites (EQB)
Geographic Code:9SOUT
Date:Aug 24, 2012
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