19 November 2020; Company Announcement - ZP Renewal Nov 2020 - Acrobat pdf 154k

Highlights

  • PME signs 5-year renewal contract with Zwanger-Pesiri
  • Zwanger-Pesiri one of the largest private outpatient radiology providers in the U.S.
  • Transaction-based model with potential upside

Leading health imaging company Pro Medicus Limited [ASX: PME] today announced its wholly-owned U.S. subsidiary, Visage Imaging, Inc., has signed a 5-year renewal contract with Long Island based Zwanger-Pesiri, one of the largest private outpatient radiology providers in the U.S..

The contract, based on a transaction-based licensing model, will see the company's Visage 7 technology continued to be used across all Zwanger-Pesiri locations for the next 5 years.

'We have had a great partnership with Visage over the preceding 5 years,' said Dr Steve Mendelsohn, CEO of Zwanger-Pesiri. 'The speed and capabilities of their software is unrivalled in the market. Since implementing it 5 years ago, we have experienced significant increases in radiologist productivity and clinical accuracy which has underpinned our substantial growth over that time.'

'We are very pleased to have played such a key role in Zwanger-Pesiri's growth over the past 5 years,' said Dr Sam Hupert, Pro Medicus CEO. 'We believe our solution provides the best return on investment of any system in the market from both financial and clinical perspectives. We think the results we achieved at Zwanger-Persiri is validation of that.'

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Pro Medicus Limited published this content on 19 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 November 2020 22:10:01 UTC