Cedara Software Corp. Announces that eMed Technologies Corporation Shareholders Consent to Acquisition
16 Septiembre 2004 - 7:45AM
PR Newswire (US)
Cedara Software Corp. Announces that eMed Technologies Corporation
Shareholders Consent to Acquisition TORONTO, Sept. 16
/PRNewswire-FirstCall/ -- Cedara Software Corp.
(TSX:CDE/NASDAQ:CDSW) a leading independent developer of medical
software technologies for the global healthcare market, today
announced that eMed Technologies Corporation has obtained the
necessary shareholders' consent for Cedara to acquire all of the
issued and outstanding shares of eMed, pursuant to an agreement
signed on September 14, 2004. eMed is a premier developer of
radiology Picture Archiving and Communication Systems (PACS) with
principal offices located in Burlington, Massachusetts. The
completion of the acquisition is subject to other customary closing
conditions and it is anticipated that the acquisition will close
within approximately thirty days. For more information about
Cedara, visit the Cedara website at http://www.cedara.com/. For
investor-related inquiries contact: Brian Pedlar, Chief Financial
Officer (905) 672-2100 ext. 2015 Email: About eMed Technologies:
eMed offers a complete technology solution for improving the
business of radiology. eMed combines sophisticated image management
technology, integrated front office workflow, and powerful eMed.net
web applications - A practical and affordable solution that is
transforming the way private radiology groups, imaging centers and
community hospitals interact with referring physicians, manage
their workflow, position their businesses in the market, and
deliver their services. eMed's product suite includes PACS
components to capture, distribute, display and store medical
images, RIS integration, scheduling and office workflow,
web-enabled image and report distribution, and marketing services
to drive referring physician adoption of web services. About Cedara
Software: Cedara Software Corp. is a leading independent provider
of medical technologies for many of the world's leading medical
device and healthcare information technology companies. Cedara
software is deployed in hospitals and clinics worldwide -
approximately 20,000 medical imaging systems and 4,600 Picture
Archiving and Communications System (PACS) workstations have been
licensed to date. Cedara is enabling the future of the healthcare
industry with new innovative approaches to workflow, data and image
management, integration, the web, software components and
professional services. The Company's medical imaging solutions are
used in all aspects of clinical workflow including the capture of
patient digital images; the sharing and archiving of images;
sophisticated tools to analyze and manipulate images; and even the
use of imaging in surgery. Cedara is unique in that it has
expertise and technologies that span all the major digital imaging
modalities including angiography, computed tomography (CT),
echo-cardiology, digital X-ray, fluoroscopy, mammography, magnetic
resonance imaging (MRI), nuclear medicine, positron emission
tomography (PET) and ultrasound. Certain statements contained in
this news release are forward-looking within the meaning of
securities laws and are based on current expectations that are
subject to a number of assumptions, uncertainties and risks, and
there are actual results may differ materially from what is
currently expected. These assumptions, uncertainties and risks
include, but are not limited to: the management of the growth of
the Company, dependence on key personnel of the Company,
competitive pressures (including price competition), changes in
market activity, risks associated with international operations,
the development of new products and services, the enhancement of
existing products and services, the introduction of competing
products having technological and/or other advantages, the
dependence on key customers, regulatory changes to the health care
industry, seasonality, economic and political conditions and
adequate protection of the proprietary interests of the Company.
Further information about these risks and uncertainties can be
found in the continuous disclosure documents filed from time to
time by Cedara with the securities regulatory authorities, which
documents are available at http://www.sedar.com/. All trademarks
appearing in this release are the property of Cedara Software Corp.
DATASOURCE: Cedara Software Corp. CONTACT: Brian Pedlar, Chief
Financial Officer, Cedara Software Corp., (905) 672-2100 ext. 2015,
; To request a free copy of this organization's annual report,
please go to http://www.newswire.ca/ and click on reports@cnw.
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