Waukesha, WI - GE Healthcare and Gamma Medica-Ideas (GM-I) have extended their product distribution relationship to include joint development of pre-clinical imaging systems.

Under the new agreement, GM-I will manufacture all pre-clinical PET, SPECT and CT products sold by GE Healthcare, including the new eXplore CT120 and SpeCZT model lines. The companies will jointly pursue new pre-clinical product developments expected to lead to exciting new products for pre-clinical imaging. GE Healthcare will continue promotion, marketing, sales, and service responsibilities.

"GM-I has a long track record of innovation in imaging technologies and the pre-clinical business including the introduction of the first APD based PET scanner and the Triumph tri-modality system," said Jim Mitchell, general manager of the pre-clinical business for GE Healthcare. "This agreement is tremendously beneficial to both companies, bringing GM-I's engineering and manufacturing expertise and GE's sales, marketing and services acumen together as well as combining cutting edge pre-clinical imaging technologies of GE and GMI."
"This is a great opportunity to harmonize GM-I and GE Healthcare's unique and innovative CZT SPECT, APD PET and high throughput CT imaging systems," said Bradley Patt Ph.D, CEO of GM-I. "With GE Healthcare's global reach, we are poised to provide significantly increased access to these unique breakthrough tools to researchers investigating diseases, and developing new diagnostic procedures and therapies."

The agreement will took effect Oct. 1, 2008.

Two Additional Announcements

-GE Healthcare has also just announced it acquired MicroCal LLC, a provider of innovative instruments for the study of molecular interactions in pharmaceutical, biomedical and life science research. The acquisition of MicroCal will allow GE Healthcare to expand its offering of technologies for the rapidly growing areas of protein science and drug discovery research. Financial terms were not disclosed.

GE Healthcare has also acquired the privately held Agility Healthcare Solutions of Glen Allen, Virginia. Financial terms were not disclosed. Agility Healthcare Solutions provides unique and innovative products that transform hospital workflow and patient care management. Agility's AgileTrac™ technology provides the most comprehensive enterprise resource management, asset tracking, and clinical workflow solution in the healthcare industry. Agility will become part of GE Healthcare's global Diagnostic Imaging Services business.

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