Emageon Signs Agreement with The Johns Hopkins Hospital
Emageon to provide enterprise visualization, archiving and business continuance storage of medical images and related patient information
BIRMINGHAM, AL – (November 16, 2005) – Emageon Inc. (NASDAQ: EMAG), a leading provider of enterprise visual medical systems to hospitals and healthcare networks, announced today that it has entered into a digital healthcare information management agreement with The Johns Hopkins Hospital, a world-renowned medical center headquartered in Baltimore, Maryland.
Johns Hopkins will use Emageon's clinical content management product to provide DICOM (Digital Imaging and Communications in Medicine, the global standard for medical imaging) archiving capabilities and web distribution and visualization of images and information to treating physicians in its acute care hospitals and clinics.
"We are very pleased to initiate this relationship with one of the country's most prestigious hospital systems," said Chuck Jett, Emageon's Chairman and CEO. "We have been very impressed with the technical team at Johns Hopkins and are excited they share our vision of a centralized open archive with local image management and enterprise distribution."
About The Johns Hopkins Hospital and Health System
Founded in 1889 by Baltimore banker Johns Hopkins, The Johns Hopkins Hospital is recognized as America's top hospital. This academic medical center is home to The Johns Hopkins Heart Institute, the Brady Urological Institute, the Kimmel Cancer Center, the Wilmer Eye Institute and The Johns Hopkins Children's Center. The Johns Hopkins Health System also includes The Johns Hopkins Outpatient Center, Johns Hopkins Bayview Medical Center, Howard County General Hospital and numerous outpatient facilities and clinics.
This year, for the 15th year in a row, The Johns Hopkins Hospital has topped U.S. News & World Report's annual rankings of "America's Best Hospitals" and again ranked in the top 10 in 16 of the 17 specialty categories listed.
The Johns Hopkins Medical Institutions have become world renowned for excellence in patient care for breakthrough discoveries in medical research and as a training ground for the nation's finest physicians, nurses, public health experts and other health care professionals.
About Emageon Inc.
Emageon provides an enterprise-level advanced visualization and infrastructure solution for the clinical analysis and management of digital medical images within multi-hospital networks, community hospitals and diagnostic imaging centers. Emageon's web-enabled software provides physicians in multiple medical specialties with dynamic tools to manipulate and analyze images in two and three dimensions. With these tools physicians have the ability to better understand internal anatomic structure and pathology, which can improve clinical diagnoses, disease screening and therapy planning. Emageon's open standards-based solution is designed to help customers improve staff productivity, automate complex medical imaging workflow, lower total cost of ownership and provide better service to physicians and patients. On November 1, 2005, Emageon announced that it had acquired Camtronics Medical Systems, Ltd. Camtronics, which was formerly a wholly owned subsidiary of Analogic Corporation, is a leading provider of cardiology image and information management systems.
For more information, please visit www.emageon.com.
This press release contains forward-looking statements about Emageon which represent the Company's current views with respect to, among other things, future events and financial performance. Any forward-looking statements contained in this press release are based on Emageon's historical performance and on current plans, beliefs and expectations. Actual results may differ materially from those expressed or implied by such forward-looking statements as a result of various risks, uncertainties and other factors beyond its control. These risks, uncertainties and other factors include, among others, the risk that it may not compete successfully against larger competitors, risks associated with its history of operating losses, the risk that it may not manage its growth effectively, risks associated with its reliance on continuing relationships with large customers, the risk of significant product errors or product failures, its reliance on reseller arrangements for important components of its solution, the risk that it may not respond effectively to changes in its industry, its customers' reliance on third party reimbursements, and the potential impact on its business of FDA regulations and other applicable health care regulations. Additional information concerning these and other factors that could affect Emageon's financial and operating results may be found under the heading "Risk Factors" and elsewhere in the Company's Form 10-K for the year ended December 31, 2004, which was filed with the Securities and Exchange Commission on March 31, 2005. Emageon undertakes no obligation to update these forward-looking statements or any other information provided in this press release except as may be required by law.