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Inovise Medical, Inc. Announces Agreement With Goodwin Health Care

Posted on: Monday, 20 March 2006, 12:00 CST

Inovise Medical, Inc. announced today it has signed an agreement with one of the leading providers of EMS and hospital products in Hong Kong, achieving a significant milestone in Inovise Medical's overall international expansion strategy. Goodwin Health Care Ltd. has over 30 years of experience at bringing the finest medical equipment to the EMS, hospital and medical education communities. The introduction of AUDICOR(R) 200 will deliver new non-invasive cardiac diagnostic technology to the region. Inovise Medical's AUDICOR is the first, easy-to-use, non-invasive diagnostic technology helping medical professionals worldwide quickly diagnose heart failure and other acute cardiac conditions. Inovise Medical, a privately held cardiac diagnostic company, has a subsidiary in Taiwan and partners with Nihon Kohden to provide AUDICOR technology to clinicians in Asia.

"Goodwin's reputation as a leading distributor of medical products in Hong Kong makes this an exciting opportunity as we experience continued growth in the region," said Patti White, CEO of Inovise Medical.

"We are very pleased to work with Inovise to introduce AUDICOR, the new non-invasive cardiac diagnostic technology, to the emergency care sector in Hong Kong. It offers a good opportunity as the local emergency care service is being upgraded continuously to a higher level," said Tony Wong, General Manager of Goodwin.

Inovise Medical's AUDICOR(R) is the first, easy-to-use, non-invasive diagnostic technology helping medical professionals worldwide quickly rule-in cardiac dysfunction including acute heart failure, acute coronary syndrome, and other high-risk cardiac conditions. AUDICOR(R) is the first cardiac diagnostic combining heart sounds and electrocardiogram technology. Sensors containing miniaturized microphones record the heart's electrical and mechanical functions simultaneously. Findings are displayed on the screen, and printed via blue-tooth technology to a printer.

About Goodwin Health Care Ltd.

Founded in 1976, Goodwin is a leading distributor of emergency training, therapeutic, hospital and health education products. Goodwin's professional and highly skilled service team provides sales support, product repair and maintenance.

About Inovise Medical, Inc.

Inovise Medical, Inc. of Portland, Oregon is a privately held company founded in 1997. www.audicor.com.

Source: Business Wire

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