Medipattern Initiates Vascular Reseller Program
June 14 2011 - 6:30AM
Marketwired
Attention: Business/Financial Editors
The Medipattern Corporation ("Medipattern") (TSX VENTURE: MKI),
a pioneer in the development of medical imaging software solutions
that help medical practitioners in better understanding lesions and
critical anatomy, is pleased to announce that Ultrasound Solutions
Corporation (USC) will market and sell Medipattern's
Visualize:Vascular™ product in the North East United States. USC is
an ultrasound equipment sales and service organization with a sales
and distribution network that stretches from Virginia, Ohio, and
Michigan through to Maine. USC plans to promote Medipattern's
vascular products to new clients as well as its current client base
consisting of more than 1,000 accounts including over 650 dedicated
cardiovascular practices which are a primary target market for
Visualize:Vascular.
Visualize:Vascular performs 3D rendering of the lumen, the
inside of the vessel where blood flows, showing the active pathway
to the brain in carotid arteries. The maximum and minimum points in
the lumen are automatically found and measured using this
visualization tool. 3D rendering of the lumen from ultrasound
imaging provides relevant additional information to quickly and
conveniently assist in assessing the health of a patient's carotid
artery in a physician's office environment. In general, 3D
rendering is a common procedure with its own recognized Current
Procedural Terminology (CPT) code.
The product will be offered based on a per-use model. Limited
licensed keys will be loaded in standard increments of 15 and 100
uses. Ultrasound Solutions will provide installation for its
customers while Medipattern will maintain license updates through a
web licensing system. "The initial feedback from our customers
indicates that they are all quite enthusiastic about the
Visualize:Vascular product," comments Nat Romeo, President and CEO
of USC. "Ultrasound is commonly used in cardiovascular offices.
Medipattern enables the physicians in each office to see the
luminal physiology in 3D which vastly increases understanding. Our
customers see that Medipattern has the ability to improve patient
care."
"USC is an outstanding service provider, ensuring that their
clients are up and running in peak performance. Their excellence in
customer service provides them with a very loyal customer base that
value USC's input when exploring applications to improve their
practice. The USC customer base has been extremely receptive to the
introduction of Visualize:Vascular. This product will be very
meaningful to their general radiologists, vascular surgeons and
cardiologists. We look forward to working with the USC team,"
commented Jeff Collins, President and CEO of The Medipattern
Corporation.
Visualize:Vascular received FDA 510(k) clearance in February,
2011. The product has been in limited clinical use since that time
and is now ready for sale with initial shipments expected in June.
The company plans a controlled product launch rolling out on a
region by region basis beginning this summer.
2011 Upcoming Events:
-- Society of Vascular Surgery (SVS) Annual Meeting, Chicago June 16-18
-- Society of Vascular Ultrasound (SVU) Annual Meeting, Chicago June 16-18
About The Medipattern Corporation:
Medipattern® is a pioneer in the development of imaging software
solutions that help medical practitioners to better understand
lesions and critical anatomy. Medipattern uses its Cadenza™
technology to process images, finding the salient region of
interest and presenting them in 2D and 3D formats that enhance the
reader's perception. For more information, please visit the
Company's website: www.medipattern.com.
About Ultrasound Solutions Corporation:
Ultrasound Solutions Corp is an independent ultrasound repair,
service and equipment sales company, owned and operated by
professionals with over 30 years of experience in the ultrasound
industry. Our services include equipment sales, parts sales,
preventive maintenance, customized service contracts, emergency
repairs, and equipment training programs. Our mission is to provide
you with fast response times and cost effective ultrasound repairs
to improve your imaging equipment uptime and keeping your patients
happy, as well as offer high quality, pre-owned equipment with new
equipment warranties. For more information, please visit USC's
website: www.uscultrasound.com.
B-CAD® and Medipattern® are a registered mark of The Medipattern
Corporation.
Forward-looking statements
This document contains forward-looking statements relating to
Medipattern's performance, operations, or business environment.
These statements are based on what we believe are reasonable
assumptions given currently available information and our
understanding of Medipattern's current activities. We have tried,
whenever possible, to identify these forward-looking statements
using words such as "anticipates," "believes," "estimates,"
"expects," "plans," "intends," "potential," and similar
expressions. Forward-looking statements are not guarantees of
future performance and involve risks and uncertainties that are
difficult to predict or control. A number of factors could cause
actual outcomes and results to differ materially from those
expressed in forward-looking statements. These factors include but
are not limited to those set forth in the Company's corporate
filings, (posted at www.sedar.com). In addition, these
forward-looking statements relate to the date on which they are
made. The Company disclaims any intention or obligation to update
or revise any forward-looking statements for any reason. Readers
should not rely on forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: The Medipattern Corporation Jeff Collins CEO (416)
744-0009 ext. 224 jcollins@medipattern.com www.medipattern.com
Spinnaker Capital Markets Inc. Kevin O'Connor (416) 962-3300 ext.
226 ko@spinnakercmi.com
The Medipattern Corp. (TSXV:MKI)
Historical Stock Chart
From Jun 2024 to Jul 2024
The Medipattern Corp. (TSXV:MKI)
Historical Stock Chart
From Jul 2023 to Jul 2024