Sectra and Philips Sign Agreement for Distribution of Sectra PACS in Japan

Regulatory News:

Sectra (STO:SECTB) and Philips have completed an agreement whereby Philips will sell Sectra PACS in Japan under a joint branding policy. The agreement revitalizes a partnership that ended in 2005, by which Sectra and Philips combined were among the market leaders for PACS.

The Japanese medical devices market is the second largest in the world after the USA, which means that this development is highly significant for both companies. There is still an installed base of around 30 Sectra/Philips PACS systems in Japan as a platform and reference for future expansion in the quality-focused and demanding Japanese market.

"This is a very important agreement for Sectra since it provides us with a strong and competent partner in a key market. Furthermore, signing this agreement in Japan proves the values of the high quality and stability of our PACS systems,” says Dr. Torbjörn Kronander, President of Sectra’s medical operations. "We look forward to revitalizing our association with Philips, focusing on both companies’ strengths.”

"Under this agreement we will have the ability to integrate Sectra PACS with Philips modalities in our market, giving us the opportunity to improve our performance and expand the offering to our customers in the Japanese market,” says Danny Risberg, Chief Operating Officer for Philips Electronics Japan.

About Sectra’s medical operations

Sectra develops and sells IT systems and products for radiology, mammography and orthopedic departments. More than 1,000 hospitals worldwide use the systems daily, together performing over 50 million radiology examinations annually. This makes Sectra one of the world-leading companies within systems for handling digital radiology images. In Scandinavia, Sectra is the market leader with more than 50% of all film-free installations. Sectra’s systems have been installed in North America, Scandinavia and most major countries in Europe and the Far East.

Our press releases, images and product information are available at www.sectra.com/medical/ pressroom. Please also visit our social newsroom at newsroom.sectra.com.

About the Sectra Group

Sectra successfully develops and sells cutting-edge products in the expansive niche segments of medical systems and secure communication systems. The company was founded in 1978 and has its roots in Linköping University in Sweden. Today, Sectra has offices in 12 countries and operates through partners worldwide. Sales in the 2008/2009 fiscal year totaled SEK 863 million. The Sectra share is quoted on the NASDAQ OMX Stockholm AB exchange. For more information, visit www.sectra.com.

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