DOTmed also got the executives to state the new company will also continue to support film customers. "There's a huge market for film…. We will be making film well into the future," Hobert said. "We're offering our customers a lot of great solutions to help move them to digital at all price levels and for all applications. We'd love to convert every customer to our digital solutions, we'd love to help them improve the quality and cost of their care but [we] also love to provide film."

Onex brings significant financial resources to invest in the Health Group and to ensure its continued success. Le Blanc said the new company will probably invest more in R&D "for a more wholesome product line."


Kodak’s Health Group, with revenues of $2.54 billion for the latest 12 reported months (through September 30, 2006), is a worldwide leader in information technology, molecular imaging systems, medical and dental imaging, including digital x-ray capture, medical printers, and x-ray film.

Onex Corporation, based in Toronto, is a diversified company and is one of Canada’s largest corporations, with annual consolidated revenues of approximately C$20 billion and consolidated assets of approximately C$20 billion. Onex has global operations in health care, service, manufacturing and technology industries. The health care operations include emergency care facilities and diagnostic imaging clinics.

Subject to regulatory and other approvals, it is anticipated that the sale will close in the first half of 2007. Kodak’s previously announced investor meeting is scheduled for February 8.

Other companies owned by Onex Corporation involved in healthcare are:

-Emergency Medical Services Corporation, a leading U.S. provider of ambulance transportation services and assistance with emergency department physician staffing and management.

-Center for Diagnostic Imaging, Inc., a leading provider of diagnostic and therapeutic radiology services in the United States.

-Skilled Healthcare Group, Inc., an organization of leading skilled nursing and assisted living facility operators in the United States, specifically in California, Texas, Kansas and Nevada.

-Res-Care, Inc., a human service company that provides residential, therapeutic, job training and educational support to people with developmental or other disabilities.

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