DGAP-News: PULSION and Mindray sign Licensing Agreement

ID: 1015498
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(businesspress24) - PULSION Medical Systems AG / Agreement/Agreement

31.05.2010 15:51

Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.

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New contract to facilitate integration of PULSION's PiCCO and CeVOX
technologies into Mindray's multi-parameter patient monitoring systems


Munich, May 31, 2010 - PULSION Medical Systems AG, a leading specialist in
minimal invasive critical care and cardiovascular patient monitoring, and
Shenzhen Mindray Bio-Medical Electronics Co., Ltd., a leading developer,
manufacturer and marketer of medical devices worldwide, have reached
agreement on a worldwide non-exclusive licence which allows PULSION's PiCCO
and CeVOX technologies to be integrated into Mindray's patient monitoring
systems.

PULSION's CeVOX-Technology offers a minimally invasive method for the
continuous monitoring of the body's oxygen balance, making it possible to
identify acute risks to the cardiovascular system in critically ill
patients at an early stage.

PULSION's PiCCO-Technology permits comprehensive and low-risk monitoring of
cardiovascular functions in critically ill patients, in the intensive-care
environment. PiCCO has become especially important in Europe, where the
high-risk right-heart catheter method is being put increasingly under
pressure. PiCCO monitoring provides a wide-ranging set of information for
the physician to effectively perform a goal-directed therapy to manage
patients' cardio-vascular and volume condition.

Mindray's multi-parameter patient monitors offer a broad range of patient
monitoring capabilities for all patient acuity levels and all care units.
With powerful functionality, flexible configuration, and modular design,


Mindray's patient monitoring systems give care teams more of the
information they need while at the bedside or during transport.

The integration into multi-parameter monitoring systems offered by major
med-tech manufacturers has always been an important part of PULSION's
long-term strategy. As such, the signing of this licence agreement marks an
important milestone in both PULSION's and Mindray's strategies to penetrate
global markets with their advanced monitoring technologies.

'As a leading technology vendor in minimally invasive cardiovascular
patient monitoring, PULSION is widely appreciated for its' PiCCO
technology, especially in the European market. The incorporation of
PULSION's PiCCO and CeVOX technologies into our modular patient monitors
will help Mindray further enhance its comprehensive critical care
monitoring solutions and match clinical demands of top-tier hospitals in
Europe and other areas around the world,' said Ting Yang, VP of
International Marketing at Mindray.

'The incorporation of PULSION's PiCCO into Mindray's modular monitors
creates additional opportunities to steadily increase the number of PiCCO
and CeVOX devices placed with customers. PULSION's intention is to deliver
a complete solution to healthcare providers, which will ultimately benefit
both clinicians and their patients. As Mindray has become a major worldwide
player - in China as well as in the US market after the acquisition of
Datascope Monitoring - we are very positive that this licensing arrangement
will offer great potential for us to progress forward in China and inthe
US,' explained Christoph Manegold, CTO, and Hans-Hubert Schmitt, CFO of
PULSION Medical Systems AG.


31.05.2010 15:51 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv atwww.dgap-medientreff.deandwww.dgap.de---------------------------------------------------------------------------

Language: English
Company: PULSION Medical Systems AG
Joseph-Wild-Strasse 20
81829 München
Deutschland
Phone: +49 (0)89 4599 14-0
Fax: +49 (0)89 4599 14-18
E-mail: info(at)pulsion.com
Internet: www.pulsion.com
ISIN: DE0005487904
WKN: 548790
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Hamburg, Stuttgart

End of News DGAP News-Service

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Date: 05/31/2010 - 09:51
Language: English
News-ID 1015498
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