ContextVision Signs Major Long-Term Contract with Ultrasound OEM

Regulatory News:

ContextVision AB (OSE:COV):

With more than 30 years in business, ContextVision has signed a multimillion dollar contract with a major ultrasound company. This long-term contract adds another established ultrasound manufacturer to ContextVision’s customer base.

With this long-term deal, ContextVision’s real-time 2D and 3D image processing software for ultrasound – US PLUSView™ and GOPiCE® US – will provide advanced image enhancement for this international OEM partner for many years to come. ContextVision’s products have been customized and will be used in both high-end and mid-end ultrasound equipment for the global market. The ultrasound company will benefit from these products by being able to deliver systems with superb image quality.

"We continue to see demand for our versatile 2D/3D product portfolio. We’re proud to partner with yet another leading ultrasound manufacturer,” said Anita Tollstadius, ContextVision CEO.

GOPiCE US is the industry’s first ultrasound real-time 3D filtering product, providing cutting-edge image enhancement of ultrasound volumes. Clinical evaluations have shown that enhancement by GOPiCE is crucial for detecting subtle lesions or fetus abnormalities.

"There is a significant increase in clinical use of 3D ultrasound and this is being reflected in a greater demand for our unique filtering product. With this new contract, we expand our sales in this growing segment, confirming the value that ContextVision provides to global ultrasound OEMs,” stated Tollstadius.

For more information about ContextVision’s ultrasound offerings, visit www.contextvision.com.

About ContextVision

ContextVision is a leading provider of image enhancement software to the global medical imaging industry since 1983, with the versatile GOP® technology at its core. We play a key role in helping manufacturers by offering clinicians unparalleled diagnostic image quality, ultimately providing patients with better care. ContextVision continues to offer the latest software and expertise within ultrasound, x-ray, magnetic resonance imaging, mammography, interventional radiology and computed tomography. Our groundbreaking technology and lengthy expertise have granted us a pioneer position within 2D/3D/4D image enhancement across multiple modalities. For more information, please visit www.contextvision.com.

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