Echoserve, Inc., adds physiological patient monitoring to their portfolio of medical product sales, depot repair and field service businesses. The company now carries inventory, repairs and provides field maintenance services for the most popular models of monitoring equipment from GE (Marquette, Datex/Ohmeda), Philips (HP), Welch Allyn, SpaceLabs, Siemens and Datascope.

"Patient monitoring is a natural fit with our ultrasound business," said Christopher M. Cone, Chief Executive Officer of Echoserve. "Each of the major diagnostic imaging manufacturers has restructured their business units to align patient monitoring and diagnostic ultrasound due to the significant cross-over in the sales call pattern, device price points, product technologies and service paradigms. For many of these same reasons, patient monitoring is highly complementary to our ultrasound service business."

"The market for patient monitoring service and eplacement parts is around $300 million annually in the United States," added Mr. Cone. "The secondary market in this arena is extremely fragmented, with numerous smaller, single-product line dealers. We believe our broad asset management solution enables us to differentiate ourselves in this market and will allow us to achieve an acceptable share of this large and growing market."
In related news, Echoserve announces a distribution relationship with Pronk Technologies (Sun Valley, CA; www.pronktech.com). Echoserve now distributes Pronk physiological patient monitor simulators in the states of Colorado, Utah, Wyoming, Kansas, Pennsylvania and New Jersey.

ABOUT ECHOSERVE
Echoserve, Inc. is a private company based in Golden, Colorado. The company provides new and refurbished equipment, field service, technical support, and part depot repair / exchange services to hospitals, clinics, service organizations and equipment dealers in the diagnostic ultrasound, general x-ray, mammography and physiological monitoring markets.

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