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Cedara Software Corp. Introduces Time-Saving ImageSnap
Technology(TM) at the Annual Meeting of the American Academy of Orthopaedic
Surgeons(R) (AAOS)
TORONTO, Feb. 17 /PRNewswire-FirstCall/ -- Cedara Software Corp.
(NASDAQ:CDSW/TSX:CDE), recently named Fastest Growing Healthcare Company for
2004 by America's foremost market research firm Frost and Sullivan, today
announced the introduction of ImageSnap Technology(TM) to its line of digital
orthopaedic software solutions, Cedara OrthoWorks(TM)
Simply stated, ImageSnap Technology introduces cutting-edge image processing
techniques to streamline orthopaedic planning through automatic detection and
measurement of anatomical structures. This reduces many of the mundane
activities performed by medical specialists during image review and surgical
planning. In Cedara OrthoWorks, ImageSnap Technology has been used to implement
a variety of time saving features including Automatic Templating and Spine
Analysis.
The first offering of its kind, Automatic Templating automatically selects and
positions digital orthopaedic implant overlays from a specified manufacturer.
In traditional orthopaedic implant selection, surgeons use acetate templates,
overlaid on x-rays, to determine sizing and positioning for prosthetics. Most
digital orthopaedic solutions on the market today similarly attempt to
duplicate this work process through electronic means. Both of these approaches
can be quite time-consuming. With ImageSnap Technology, laborious tasks such as
measurements, implant size selection and placement are automatically performed
by the application, allowing surgeons to accept, refine or change the
suggestions.
In Cedara's OrthoWorks Spine Analyzer(TM), ImageSnap Technology has also been
implemented to automatically detect the bone contours of spinal vertebrae in
the space of several mouse clicks. This replaces the onerous task of manual
vertebral tracing and measurements with rulers and protractors on film.
Specific modules exist for cervical, lumbar, postural and frontal analysis.
Functional range of motion, mean centers of vertebral rotation, lordosis, and
kyphosis are just a few of the 500+ x-ray-based spine parameters that are
available in Spine Analyzer's graphical display.
ImageSnap Technology can also automatically populate image generated data into
OrthoWorks Care Manager(TM) for data management and tracking purposes.
OrthoWorks Care Manager features a unique, patent-pending method of collecting,
organizing and mining information from multiple sites to quickly help determine
outcome statistics.
The value of ImageSnap Technology will be seen in the time savings that it
brings to Orthopaedic Specialists for planning. Combined with Care Manager, the
value will be seen by Implant Manufacturers interested in tracking and
analyzing implant usage, pain thresholds, recovery rates, complications,
mobility, mortality and other clinical outcome statistics during multi site
studies.
Cedara Software Corp. will debut this new digital technology at the Annual
Meeting of the American Academy of Orthopaedic Surgeons (AAOS) in Washington
DC, February 23-27.
ImageSnap Technology is part of Cedara's comprehensive software and hardware
toolkit for digital orthopaedic planning. The Cedara OrthoWorks product line
offers everything from digital image acquisition equipment to leading edge
surgical planning applications for prosthetic templating, spine analysis and
trauma. Highlights of the OrthoWorks suite include:
- Automatic Templating
- Automated viewing and planning protocols
- Multi modality support
- Standalone and remote Web-Based Planning
- Digital Template Libraries from orthopaedic manufacturers
- Real-time 3D Reconstruction to identify structures and/or remove
obscuring tissue
- OrthoWorks Care Manager(TM) provides a powerful data solution for
patient follow-up, and implant performance tracking
- OrthoWorks Spine Analyzer(TM) automatically detects the contours of
spinal vertebrae and provides modules for cervical, lumbar, postural
and frontal analysis supporting 500+ spine parameters.
- Cedara I-Acquire/DR(TM) provides advanced acquisition console
features for Digital Radiography
- Cedara I-Acquire/FD(TM) allows surgeons to integrate legacy film
(hard copy) images into digital Picture Archiving and Communications
Systems (PACS)
- Cedara I-Store(TM) for image archiving
About Cedara Software Corp
Cedara Software Corp. is a leading independent provider of medical imaging
technologies. Cedara's software is deployed in hospitals and clinics worldwide
and is licensed by many of the world's leading medical device and healthcare
information technology companies. Approximately 28,000 medical imaging systems
and 6,400 Picture Archiving and Communications System (PACS) workstations have
been licensed to date. Cedara recently acquired eMed Technologies Corporation,
widely known as a provider of innovative PACS and teleradiology solutions that
have been installed in over 2,000 hospitals and imaging centers. Cedara is
unique in that it has technologies and expertise that span all the major
digital imaging modalities including computed tomography (CT), magnetic
resonance imaging (MRI), digital X-ray, mammography, ultrasound,
echo-cardiology, angiography, nuclear medicine, positron emission tomography
(PET) and fluoroscopy. Furthermore, the Company's medical imaging offerings are
used in all aspects of clinical workflow including the capture of a patient's
digital image; the archiving, communication and manipulation of digital images;
sophisticated clinical applications to analyze digital images; and even the use
of imaging in minimally-invasive surgery. On January 18, 2005, Cedara announced
that it had signed a definitive agreement to merge with Merge Technologies
Incorporated (NASDAQ:MRGE), d.b.a. Merge eFilm, in an all- stock transaction.
The merger is subject to shareholder and regulatory approval.
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 the actual
results may differ materially from what is currently expected. In particular,
statements relating to the healthcare imaging software market and market share,
relating to the Company's expectations concerning its licensed software
products, relating to the Company's expectations as to revenues, costs and cash
flows, relating to the acquisition of eMed and relating to the proposed merger
with Merge eFilm are forward looking statements. The assumptions, uncertainties
and risks upon which these forward looking statements are based include, but
are not limited to: dependence on key personnel of the Company, dependence on
major customers and individual contracts, fluctuations in quarterly financial
results, competitive pressures (including price competition), rapid
technological change, exchange rate fluctuations, risks associated with
international operations, dependence on intellectual property rights,
regulatory clearances and approvals for new products, risks relating to product
defects and product liability, adverse consequences of financial leverage,
ability to service debt, continued acceptance of the Company's products,
regulatory changes to the health care industry, seasonality, economic and
political conditions, risks relating to the acquisition of eMed and risks
relating to the proposed merger with Merge eFilm including risks associated
with obtaining regulatory and shareholder approvals without unexpected delays
or conditions, timely implementation and execution of merger integration plans,
retention of customers and the Company's original employees, successfully
leveraging Merge-eFilm's and the Company's comprehensive product offering to
the combined customer base and sustaining continued growth at rates
approximating recent levels. 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/.
For more information, visit the Cedara website at http://www.cedara.com/.
"American Academy of Orthopaedic Surgeons" is a registered trademark of
the American Academy of Orthopaedic Surgeons.
All other trademarks appearing in this release are the property of Cedara
Software Corp.
DATASOURCE: Cedara Software Corp.
CONTACT: Jacques Cornet, VP of Marketing & Operations, Cedara Software
Corp., (905) 672-2100 ext. 2564, ;
To request a free copy of this organization's annual report, please go to
http://www.newswire.ca/ and click on reports@cnw.