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DatexOhmeda and Mortara Instrument Announce Technology Alliance Datex-Ohmeda adds innovative non-invasive cardiology technology to product offerings HELSINKI, Finland and MILWAUKEE, Wis.
USA, 5 November 1999 "Datex-Ohmeda is committed to providing a comprehensive line of high-quality state of the art patient monitoring products, and we believe that Mortara Instrument is uniquely qualified to provide superior cardiology expertise." said Hannu Ahjopalo, President of Patient Monitoring at Datex-Ohmeda. Multiple product collaborations have been launched, including the integration of Mortara's arrhythmia processing algorithms into Datex-Ohmeda's patient monitors as well as the joint development of a telemetry monitoring system. David W. Mortara, founder and President of Mortara Instrument commented about the collaboration, "We constantly strive to define the horizons of electrocardiography and search for the opportunity to positively impact more lives with the knowledge we have gained over the years. Datex-Ohmedas market leadership in anesthesia technologies and entry into the critical care markets will ensure that our cardiology expertise reaches the greatest number of people."
As part of the alliance, Instrumentarium will make a minority equity investment in Mortara Instrument, Inc. Olli Riikkala, President and CEO of Instrumentarium Corporation commented, "Instrumentariums investment in Mortara Instrument reflects our vision for the future and our commitment to developing Datex-Ohmedas strategic capabilities and partnerships to better serve our customers and their patients worldwide." Headquartered in Helsinki, Finland, Instrumentarium Corporation is an international healthcare company operating in three business segments: Anesthesia and Critical Care, Medical Equipment and Supplies and Optical Retail. The Datex-Ohmeda division represents Instrumentarium's core business Anesthesia and Critical Care. Instrumentarium Corporation is listed on the Helsinki Stock Exchange (INSBV.HE) and the NASDAQ (INMRY). Datex-Ohmeda is the world's leading supplier of anesthesia equipment and services and an emerging leader in critical care. Its wide range of products includes patient monitoring systems for anesthesia and intensive care units, anesthesia machines, critical care ventilators and clinical information systems. Datex-Ohmeda employed approximately 3,000 professionals world-wide and had sales of approximately $436 million in 1998.Datex-Ohmeda's North American headquarters are located in Tewksbury, Mass. The company's web site is www.datex-ohmeda.com. Mortara Instrument's headquarters are located in Milwaukee, WI, with European operations based in Bologna, Italy. Mortara Instrument is distinguished in the field of non-invasive cardiology for the innovations that are the core of the company's complete line of ECG products. These product innovations include the integration of 12-Lead ECG technology in bedside monitoring, wireless stress testing, Holter and telemetry monitoring systems. The company's web site is www.mortara.com. Contact: Datex-Ohmeda Inc., Tewksbury |
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