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American Radiologist Network (AMRADNET) Acquires ViewTec AG's Medical Division

ViewTec and American Radiologist Network Sign Joint Development Agreement to Bring in ViewTec's State-of-the-Art Streaming Technology Into the Medical World

AMRADNET acquires ViewTec's medical business along with its core product and technology, MedView. Through this acquisition, existing MedView users worldwide will now be serviced by AMRADNET.

MedView, a DICOM compatible high performance software product for digital medical imaging, provides users with a rich visual experience. The MedView development took place at the University of Zurich in cooperation with specialists from leading hospitals in Switzerland. With efficient image streaming and on-demand interactive 3D volume rendering, the software sets new benchmarks in medical imaging technology.

"With AMRADNET, ViewTec has chosen a strategic partner, who has the power to bring the MedView product, together with ViewTec's unique image streaming technology, for AMRADNET's worldwide presence and network in the field of health information systems," says Dr. Michael Beck, President and CEO of ViewTec.

"This new addition to our existing and secured technology will allow users to move into three dimension technology at warp speed," says Neil Iyer, President and CEO of American Radiologist Network.

American Radiologist Network Inc. (AMRADNET) is a Delaware corporation with its principal office in Florida. AMRADNET provides radiological, cardio-care and critical health information services to nursing homes, assisted living facilities and home health agencies in 11 states, including Texas, Ohio, Colorado, Arizona and seven states in the Southeast.

ViewTec AG is a Swiss corporation, with its principal office based in Zurich, Switzerland. The company was founded in 1998, as a spin-off from the University of Zurich, Department of Computer Sciences. ViewTec's core business covers the fields of Virtual Reality, 3D Computer Graphics, Medical Imaging and Visualization.