MINNEAPOLIS, March 23, 2011 (GLOBE NEWSWIRE) -- The Diagnostic Imaging Business Unit of Bayer Vital GmbH, Leverkusen, Germany, a leading German company in the field of contrast agents for diagnostic imaging, and Vital Images Inc. (Nasdaq:VTAL),a leading provider of software for digital image post-processing in MRI and CT, have signed a cooperation agreement with the objective of conducting joint activities to introduce radiologists in Germany to the combination of appropriate software and contrast agents.
"Rapid developments in advanced visualization software used with state-of-the-art MRI and CT imaging techniques are delivering a huge amount of additional information. This is presenting the evaluating radiologists with the challenge of efficiently selecting the right information from the constantly growing volume of image data. Both image processing software and contrast agents greatly assist diagnostic efficiency and when used in tandem could deliver substantial benefits for the evaluating radiologist. If we can coordinate the two techniques better, it could lead to considerable synergies to the benefit of the radiologist," explained Robert Hite, Head of the Diagnostic Imaging business in Germany.
"We are excited by our groundbreaking collaboration with Bayer in Germany and feel it will help grow our global business and development activities. This is a truly unique collaboration involving visualization with contrast agents and we are confident that, with Bayer, we have found the right partner to make this kind of collaboration a success," said Michael H. Carrel, CEO Vital Images Inc., Minneapolis.
About Vital Images
Vital Images, Inc. is a leading provider of advanced visualization and analysis software for physicians and healthcare specialists. The company's software provides users productivity and communication tools to improve patient care that can be accessed throughout the enterprise anytime, anywhere via the Web. Established in 1988 and headquartered in Minneapolis, Vital Images also has offices in Europe and Asia. For more information, visit .
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Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are intended to enjoy the protection of the safe harbor for forward-looking statements provided by that Act. These statements involve risks and uncertainties which could cause results to differ materially from those projected, including but not limited to dependence on market growth, challenges associated with international expansion, the ability to predict product, customer and geographic sales mix, fluctuations in interest rates, regulatory approvals, the timely introduction, availability and acceptance of new products, the impact of competitive products and pricing, dependence on major customers, the ability to successfully manage operating costs, fluctuations in quarterly results, approval of products for reimbursement and the level of reimbursement, and other factors detailed from time to time in Vital Images' SEC reports, including its annual report on Form 10-K for the year ended December 31, 2010. Vital Images encourages you to consider all of these risks, uncertainties and other factors carefully in evaluating the forward-looking statements contained in this release. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the company's actual results may differ materially from the expected results discussed in the forward-looking statements contained in this release. The forward-looking statements made in this release are made only as of the date of this release, and the company undertakes no obligation to update them to reflect subsequent events or circumstances.
CONTACT: AT VITAL IMAGES: Gitte Andreasen (952) 487-9500 www.vitalimages.com