Cedara Software Corp. Introduces Time-Saving ImageSnap Technology(TM) at the Annual Meeting of the American Academy of Orthopaed
17 Februar 2005 - 11:13PM
PR Newswire (US)
Cedara Software Corp. Introduces Time-Saving ImageSnap
Technology(TM) at the Annual Meeting of the American Academy of
Orthopaedic Surgeons(R) (AAOS) TORONTO, Feb. 17
/PRNewswire-FirstCall/ -- Cedara Software Corp.
(NASDAQ:CDSW/TSX:CDE), recently named Fastest Growing Healthcare
Company for 2004 by America's foremost market research firm Frost
and Sullivan, today announced the introduction of ImageSnap
Technology(TM) to its line of digital orthopaedic software
solutions, Cedara OrthoWorks(TM) Simply stated, ImageSnap
Technology introduces cutting-edge image processing techniques to
streamline orthopaedic planning through automatic detection and
measurement of anatomical structures. This reduces many of the
mundane activities performed by medical specialists during image
review and surgical planning. In Cedara OrthoWorks, ImageSnap
Technology has been used to implement a variety of time saving
features including Automatic Templating and Spine Analysis. The
first offering of its kind, Automatic Templating automatically
selects and positions digital orthopaedic implant overlays from a
specified manufacturer. In traditional orthopaedic implant
selection, surgeons use acetate templates, overlaid on x-rays, to
determine sizing and positioning for prosthetics. Most digital
orthopaedic solutions on the market today similarly attempt to
duplicate this work process through electronic means. Both of these
approaches can be quite time-consuming. With ImageSnap Technology,
laborious tasks such as measurements, implant size selection and
placement are automatically performed by the application, allowing
surgeons to accept, refine or change the suggestions. In Cedara's
OrthoWorks Spine Analyzer(TM), ImageSnap Technology has also been
implemented to automatically detect the bone contours of spinal
vertebrae in the space of several mouse clicks. This replaces the
onerous task of manual vertebral tracing and measurements with
rulers and protractors on film. Specific modules exist for
cervical, lumbar, postural and frontal analysis. Functional range
of motion, mean centers of vertebral rotation, lordosis, and
kyphosis are just a few of the 500+ x-ray-based spine parameters
that are available in Spine Analyzer's graphical display. ImageSnap
Technology can also automatically populate image generated data
into OrthoWorks Care Manager(TM) for data management and tracking
purposes. OrthoWorks Care Manager features a unique, patent-pending
method of collecting, organizing and mining information from
multiple sites to quickly help determine outcome statistics. The
value of ImageSnap Technology will be seen in the time savings that
it brings to Orthopaedic Specialists for planning. Combined with
Care Manager, the value will be seen by Implant Manufacturers
interested in tracking and analyzing implant usage, pain
thresholds, recovery rates, complications, mobility, mortality and
other clinical outcome statistics during multi site studies. Cedara
Software Corp. will debut this new digital technology at the Annual
Meeting of the American Academy of Orthopaedic Surgeons (AAOS) in
Washington DC, February 23-27. ImageSnap Technology is part of
Cedara's comprehensive software and hardware toolkit for digital
orthopaedic planning. The Cedara OrthoWorks product line offers
everything from digital image acquisition equipment to leading edge
surgical planning applications for prosthetic templating, spine
analysis and trauma. Highlights of the OrthoWorks suite include: -
Automatic Templating - Automated viewing and planning protocols -
Multi modality support - Standalone and remote Web-Based Planning -
Digital Template Libraries from orthopaedic manufacturers -
Real-time 3D Reconstruction to identify structures and/or remove
obscuring tissue - OrthoWorks Care Manager(TM) provides a powerful
data solution for patient follow-up, and implant performance
tracking - OrthoWorks Spine Analyzer(TM) automatically detects the
contours of spinal vertebrae and provides modules for cervical,
lumbar, postural and frontal analysis supporting 500+ spine
parameters. - Cedara I-Acquire/DR(TM) provides advanced acquisition
console features for Digital Radiography - Cedara I-Acquire/FD(TM)
allows surgeons to integrate legacy film (hard copy) images into
digital Picture Archiving and Communications Systems (PACS) -
Cedara I-Store(TM) for image archiving About Cedara Software Corp
Cedara Software Corp. is a leading independent provider of medical
imaging technologies. Cedara's software is deployed in hospitals
and clinics worldwide and is licensed by many of the world's
leading medical device and healthcare information technology
companies. Approximately 28,000 medical imaging systems and 6,400
Picture Archiving and Communications System (PACS) workstations
have been licensed to date. Cedara recently acquired eMed
Technologies Corporation, widely known as a provider of innovative
PACS and teleradiology solutions that have been installed in over
2,000 hospitals and imaging centers. Cedara is unique in that it
has technologies and expertise that span all the major digital
imaging modalities including computed tomography (CT), magnetic
resonance imaging (MRI), digital X-ray, mammography, ultrasound,
echo-cardiology, angiography, nuclear medicine, positron emission
tomography (PET) and fluoroscopy. Furthermore, the Company's
medical imaging offerings are used in all aspects of clinical
workflow including the capture of a patient's digital image; the
archiving, communication and manipulation of digital images;
sophisticated clinical applications to analyze digital images; and
even the use of imaging in minimally-invasive surgery. On January
18, 2005, Cedara announced that it had signed a definitive
agreement to merge with Merge Technologies Incorporated
(NASDAQ:MRGE), d.b.a. Merge eFilm, in an all- stock transaction.
The merger is subject to shareholder and regulatory approval.
Certain statements contained in this news release are
forward-looking within the meaning of securities laws and are based
on current expectations that are subject to a number of
assumptions, uncertainties and risks, and the actual results may
differ materially from what is currently expected. In particular,
statements relating to the healthcare imaging software market and
market share, relating to the Company's expectations concerning its
licensed software products, relating to the Company's expectations
as to revenues, costs and cash flows, relating to the acquisition
of eMed and relating to the proposed merger with Merge eFilm are
forward looking statements. The assumptions, uncertainties and
risks upon which these forward looking statements are based
include, but are not limited to: dependence on key personnel of the
Company, dependence on major customers and individual contracts,
fluctuations in quarterly financial results, competitive pressures
(including price competition), rapid technological change, exchange
rate fluctuations, risks associated with international operations,
dependence on intellectual property rights, regulatory clearances
and approvals for new products, risks relating to product defects
and product liability, adverse consequences of financial leverage,
ability to service debt, continued acceptance of the Company's
products, regulatory changes to the health care industry,
seasonality, economic and political conditions, risks relating to
the acquisition of eMed and risks relating to the proposed merger
with Merge eFilm including risks associated with obtaining
regulatory and shareholder approvals without unexpected delays or
conditions, timely implementation and execution of merger
integration plans, retention of customers and the Company's
original employees, successfully leveraging Merge-eFilm's and the
Company's comprehensive product offering to the combined customer
base and sustaining continued growth at rates approximating recent
levels. Further information about these risks and uncertainties can
be found in the continuous disclosure documents filed from time to
time by Cedara with the securities regulatory authorities, which
documents are available at http://www.sedar.com/. For more
information, visit the Cedara website at http://www.cedara.com/.
"American Academy of Orthopaedic Surgeons" is a registered
trademark of the American Academy of Orthopaedic Surgeons. All
other trademarks appearing in this release are the property of
Cedara Software Corp. DATASOURCE: Cedara Software Corp. CONTACT:
Jacques Cornet, VP of Marketing & Operations, Cedara Software
Corp., (905) 672-2100 ext. 2564, ; To request a free copy of this
organization's annual report, please go to http://www.newswire.ca/
and click on reports@cnw.
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