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Spacelabs Healthcare, recognizing the importance of monitoring CO2, hasdecided to use the Oridion patented Microstream capnography technology andproprietary EtCO2 sampling technology in its new elance patient monitoringsystem. Microstream capnography technology and FilterLine(R) breath samplingproducts improve patient safety by providing the earliest assessment of apatient's ventilatory status. The Spacelabs new elance monitor withMicrostream technology is being launched in the current quarter.
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Gerry Feldman, President of Oridion Systems Ltd. said: "We are very proudto have entered into this agreement with Spacelabs Healthcare. Itdemonstrates our ability to further broaden our already existing, strongportfolio of leading global OEM partners. As our partner, Spacelabs willsupport the Oridion mission to increase patient safety and improve patientoutcomes by employing our world-class Microstream CO2 measurement solutionswithin their systems."
"Spacelabs is very excited to have the advanced Microstream CO2measurement technology from Oridion integrated into our new patientmonitoring system," said Nicholas Ong, Group President, Emerging MarketsOrganization at Spacelabs Healthcare, Inc.
About Oridion
Oridion Systems Ltd. (www.oridion.com ) is a global medical devicecompany specializing in patient safety monitoring. The Company operatesthrough wholly owned subsidiaries in the United States, Europe, and Israel.
Oridion develops proprietary medical devices and patient interfaces,based on its patented Microstream(R) technologies, for the enhancement ofpatient safety through the monitoring of the carbon dioxide (CO2) in apatient's breath. These products provide effective, proven airway managementand are used in various clinical environments, including procedural sedation,pain management, operating rooms, critical care units, post-anesthesia careunits, emergency medical services, transport, alternate care and othersettings where patients' ventilation may be compromised and at risk.
About Spacelabs Healthcare
Spacelabs Healthcare is a wholly owned subsidiary of OSI Systems, Inc.(Nasdaq: OSIS). Spacelabs Healthcare, Inc. is an international developer,manufacturer and distributor of medical equipment and services includingsolutions for patient monitoring and connectivity, anesthesia delivery andventilation, diagnostic cardiology and supplies and accessories selling tohospitals, clinics and physician offices. Additionally, the company providescentralized cardiac safety and diagnostic services (QT Studies, ECG, Holter,ABP, and Event Monitoring) to biopharmaceutical companies undertakingclinical trials. Spacelabs Healthcare, Inc. employs approx. 1,100 personnelin its offices located in the United States, UK, Canada, France, Germany,Finland, India and Singapore. For more information, visithttp://www.spacelabshealthcare.com.
Certain statements made herein that are not historical areforward-looking within the meaning of the Private Securities LitigationReform Act of 1995. The words "estimate" "project" "intend" "expect""believe" and similar expressions are intended to identify forward-lookingstatements. These forward-looking statements involve known and unknown risksand uncertainties. Many factors could cause the actual results, performanceor achievements of the Company to be materially different from any futureresults, performance or achievements that may be expressed or implied by suchforward-looking statements, including, among others, our ability to maintain
