ContextVision Executes Agreements with Leading X-ray Manufacturers

BOSTON, Mass. and STOCKHOLM, Sweden – September 4, 2008 – ContextVision, software imaging partner for the most recognized medical imaging manufacturers worldwide, today announced agreements with three global X-ray manufacturers for the delivery of image enhancement software.

One of the X-ray manufacturers, a North American leader of the development of advanced medical imaging systems, will upgrade its X-ray equipment with ContextVision’s GOPView XR2-ADi to provide first-class image quality to its customers. The manufacturer selected GOPView XR2-ADi after extensive technical, clinical and commercial evaluations. Deliveries of GOPView XR2-ADi will begin immediately.

ContextVision also signed agreements with X-ray manufacturers in China and Israel. These three agreements will deliver combined annual revenue of $420,000.

“These contracts confirm our global leadership in medical image enhancement,” said Jan Erik Hedborg, CEO of ContextVision AB. “Our product’s superior performance and proven image enhancement, as well as our close cooperation with the manufacturers’ technical, clinical and commercial teams led to the selection of GOPView XR2-ADi by a leading global manufacturer of digital X-ray equipment.”

Frost & Sullivan recognized ContextVision’s achievement in the medical imaging industry with the 2007 Frost & Sullivan Global Enabling Technology of the Year Award in the Image Enhancement market for its GOPView XR2-ADi product. Each year this award recognizes a company for its work on a technological development that will revolutionize the industry.

Like all ContextVision products, GOPView XR2-ADi relies on ContextVision’s proprietary adaptive algorithm, GOP®. GOP mimics the human eye’s method of finding information and analyzing structures. To learn more about ContextVision and its range of image enhancement tools across multiple modalities, visit the ContextVision Web site at www.contextvision.com.

About ContextVision

ContextVision is the leading independent developer in medical imaging enhancement, analysis and processing technologies, serving leading OEMs and distributors for 25 years. ContextVision´s patented GOP algorithm allows unprecedented image quality to be achieved by simultaneously enhancing fine structure while reducing noise and speckle across MRI, X-Ray, Ultrasound and CT image data. ContextVision´s technology enables the company’s customers to provide superior digital imaging quality for hospitals and clinicians. Such solutions promise more rapid and accurate diagnoses, reduced operator eye fatigue, and ultimately, a greater return-on-investment for medical imaging users. ContextVision´s embedded imaging software is relied upon daily by thousands of users around the globe. For more information, please visit www.contextvision.com.

Contact
Peter Koevamees

ContextVision AB

Phone: +46 (0) 8 750 35 57

E-mail: peter.koevamees@contextvision.se