pdfPro Medicus Completes Sale of Amira to VSG – Acrobat pdf 23k

1 August 2012

Leading e-health company Pro Medicus Limited [ASX: PME] today announced that it has completed the sale of the group’s Amira software platform business to Visualization Sciences Group (VSG) a, French IT company, for a cash consideration of €12.1 Million.

The Amira business, included as part of the acquisition of Visage Imaging from Mercury Computer Systems in 2009, provides software tool kits for visualizing, manipulating and understanding life science and bio-medical imaging to universities, research institutions as well as to manufacturers of scientific equipment.

Sam Hupert, CEO of Pro Medicus, said, “This transaction makes sense for both parties.
We bought Visage Imaging for its thin client 3D diagnostic imaging (radiology) technology platform which we have developed into Visage 7®, a world-class range of 2-D/3-D PACS (digital imaging) products. We see our growth in leading edge IT solutions for radiology.”

“VSG on the other hand develops and markets high-performance visualization software for developers, engineers and scientists in material science and geoscience markets so I think Amira is an excellent fit for them. It will expand their portfolio significantly.”

Details of the commercial impact of the deal will be released by the company in its full-year results in mid-August, however according to Dr Hupert, proceeds from the Amira sale will provide significant additional resources to grow the base for the company’s Radiology Practice Management and Visage 7® suite of products in Australia as well as in the key markets of Europe and North America.