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Cedara to Showcase Powerful Clinical Workflow Applications at the
2005 European Congress of Radiology
- Cedara introduces new breakthrough in breast imaging technology - CAD for
ultrasound - Cedara helps radiologists cope with the massive datasets from
high-powered Multi-detector CTs - Cedara provides new fusion technology for
PET/CT - Cedara's latest clinical innovations for PACS solve a broad range of
clinical workflow problems
TORONTO, March 1 /PRNewswire-FirstCall/ -- CEDARA SOFTWARE CORP.
(TSX:CDE/NASDAQ:CDSW), a leading independent provider of medical imaging
technologies for the global healthcare market, today announced plans to
showcase a comprehensive set of new clinical workflow solutions at the upcoming
2005 European Congress of Radiology (ECR), held March 4 to 8 in Vienna,
Austria.
Demonstrated solutions will include a wide range of PACS-ready clinical
packages that allow radiologists and other specialists to launch orthopaedic
planning, digital mammography screening, 3D, multi-detector CT, PET/CT and
other applications, from a single PACS workstation - eliminating the costly use
of multiple workstations.
"Specialists in clinical environments often require tools beyond the scope of
standard radiological reporting." said Jacques Cornet, Cedara's VP of Marketing
and Operations. "At present, most other PACS (Picture Archiving and
Communications System) offerings simply do not address all of these needs. Any
hospital, imaging center or OEM interested in next generation solutions really
should make a point of visiting Cedara this year at booth 127 in Hall A.".
New product offerings from Cedara include:
- Cedara Breast Imaging - the only offering to provide computer assisted
detection (CAD) support for multiple breast imaging modalities.
Cedara's ultrasound CAD solution, B-CAD(TM), gives radiologists
detailed information on breast lesions, helping them more easily
distinguish between benign and malignant lesions. Not only are
radiologists able to view CAD markers for mammography and MRI
(Magnetic Resonance Imaging) breast images, they can also view any
vendor's digital mammography images, side by side with prior digitized
images. These features, coupled with the ability to view images from
other modalities on the same workstation, make it the only solution
required by today's breast imaging practices.
- Cedara CT Works(TM) - an image management solution that helps
radiologists swiftly crunch through the vast amount of data produced
by today's high-powered, multi-detector CT (MDCT) imaging devices.
Features include a dynamic worklist that helps users effectively
manage patient lists; interactive thick slab MPR and MIP rendering
modes for rapid 3D image scrolling; and curved and batch MPRs, as well
as universal connectivity via DICOM to the major modalities, archives,
and DICOM Media. CT Works is suitable for use with virtually all
clinical CT applications.
- Cedara PET/CT - Cedara is also previewing a PACS-ready functional
plug-in for PET/CT (Positron Emission Tomography/Computed Tomography),
SPECT-CT (Single Photon Emission Computed Tomography/Computed
Tomography),and molecular imaging. This plug-in enhances the
capabilities of any vendor's hardware offering and can be easily
integrated into existing PACS systems. Cedara's new PET/CT component
allows health care professionals to compare metabolic activity with
anatomic location using images generated by PET/CT scanners. Both
radiologists and nuclear medicine specialists will find significant
workflow advantages through image fusion, MPR and MIP views.
- Cedara OrthoWorks Spine Analyzer(TM) - the most advanced spinal
planning application to date. Orthoworks Spine Analyzer lets spine
surgeons and radiologists analyze cervical or lumbar spine
flexibility, and check posture or deformities of the spine. Surgeons
can use the system's semi-automated spinal vertebra anatomy detection
feature to significantly reduce planning time and as well apply
standard spinal measurements in less time. OrthoWorks Spine Analyzer
conveniently forwards valuable clinical patient data to OrthoWorks
Care Manager automatically.
- Cedara OrthoWorks Care Manager(TM)- the first clinical data management
system designed specifically for orthopaedic surgeons, hospital
administrators, and implant manufacturers who want to manage clinical
data in orthopaedics, perform multi-center studies, and track clinical
outcomes. Today most orthopaedic surgeons are forced to keep manual
records of orthopaedic surgeries and separate records for follow-up
care and recovery. These conventional techniques make it almost
impossible to discover important cause and effect trends and
statistics. With OrthoWorks Care Manager, users now have vital
outcomes statistics readily available at their fingertips.
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 centres. 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/.
All 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.