Cedara (NASDAQ:CDSW)
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Cedara Software Appoints New Director
TORONTO, Oct. 20 /PRNewswire-FirstCall/ -- Cedara Software Corp. (TSX:CDE/
NASDAQ:CDSW) a leading independent developer of medical software technologies
for the global healthcare market, has announced the election of Dr. Myrna
Francis to its Board of Directors at the Company's Annual General Meeting held
in Toronto on October 18, 2004.
Dr. Francis, who heads her own consulting practice specializing in strategic
business development and innovation in healthcare and healthcare- related
information technology, brings valuable experience in these areas and in
regulatory aspects of healthcare to the Board. Her career includes seven years
in senior roles in the Government of Ontario, several of which were in the
Ministry of Health. She served as a partner in CLC Healthcare, consulting to
U.S. and Canadian corporate clients on I.T. and related strategies in
healthcare. Following this, Dr. Francis joined IBM Canada where she became
General Manager of the Health and Life Sciences Industry Group. Her most recent
role was as Interim President, Canada Health Infoway.
"Myrna Francis brings highly relevant experience to Cedara's Board of Directors
in several key areas and we look forward to the benefit of her involvement,"
said Peter Cooper, Cedara Chairman.
Coinciding with the appointment of Dr. Francis was the retirement from the
Board of Stephen Pincus, a Partner in Goodmans LLP. Mr. Pincus joined the
Cedara Board in late 2002 and decided for reasons associated with his
professional commitments not to stand for re-election. "His wise counsel
through a period of difficult turnaround decisions is appreciated by the Board
and Management and we thank Stephen for his always thoughtful opinions," said
Mr. Cooper.
About Cedara Software:
Cedara Software Corp. is a leading independent provider of medical technologies
for many of the world's leading medical device and healthcare information
technology companies. Cedara software is deployed in hospitals and clinics
worldwide - approximately 28,000 medical imaging systems and 6,400 Picture
Archiving and Communications System (PACS) workstations have been licensed to
date. Cedara is enabling the future of the healthcare industry with new
innovative approaches to workflow, data and image management, integration, the
web, software components and professional services. The Company's medical
imaging solutions are used in all aspects of clinical workflow including the
capture of patient digital images; the sharing and archiving of images;
sophisticated tools to analyze and manipulate images; and even the use of
imaging in surgery. Cedara is unique in that it has expertise and technologies
that span all the major digital imaging modalities including angiography,
computed tomography (CT), echo-cardiology, digital X-ray, fluoroscopy,
mammography, magnetic resonance imaging (MRI), nuclear medicine, positron
emission tomography (PET) and ultrasound.
Certain statements contained in this news release are forward-looking within
the meaning of securities laws and are based on current expectations that are
subject to a number of assumptions, uncertainties and risks, and there are
actual results may differ materially from what is currently expected. These
assumptions, uncertainties and risks include, but are not limited to: the
management of the growth of the Company, dependence on key personnel of the
Company, competitive pressures (including price competition), changes in market
activity, risks associated with international operations, the development of
new products and services, the enhancement of existing products and services,
the introduction of competing products having technological and/or other
advantages, the dependence on key customers, regulatory changes to the health
care industry, seasonality, economic and political conditions and adequate
protection of the proprietary interests of the Company. Further information
about these risks and uncertainties can be found in the continuous disclosure
documents filed from time to time by Cedara with the securities regulatory
authorities, which documents are available at http://www.sedar.com/.
All trademarks appearing in this release are the property of Cedara Software
Corp.
DATASOURCE: Cedara Software Corp.
CONTACT: For more information about Cedara, visit the Cedara website at
http://www.cedara.com/. For investor-related inquiries contact: Brian Pedlar,
Chief
Financial Officer, (905) 672-2100 ext. 2015, Email:
;
To request a free copy of this organization's annual report, please go to
http://www.newswire.ca/ and click on reports@cnw.