Merge eFilm and Cedara Software Corp announce that their securityholders will vote on merger at May 24, 2005 meetings MILWAUKEE, WI, and TORONTO, ON, April 26 /PRNewswire-FirstCall/ -- Merge Technologies Incorporated (NASDAQ:MRGE), d.b.a. Merge eFilm, and Cedara Software Corp. (NASDAQ:CDSW/TSX:CDE), today announced that the mailing to both companies' securityholders of the definitive joint proxy statement and management information circular in connection with their proposed merger transaction will commence on or about April 26, 2005. In addition, Cedara has confirmed that the Ontario Superior Court of Justice has granted an interim order approving the holding of a special meeting for Cedara securityholders. Cedara will hold a special meeting of its securityholders on May 24, 2005 to vote on the companies' proposed merger. As part of its annual meeting to be held on May 24, 2005, Merge eFilm's shareholders will vote on the companies' proposed merger. Merge eFilm and Cedara shareholders of record at the close of business on April 22, 2005 will be entitled to vote on the proposed merger. Assuming Cedara securityholders and Merge eFilm shareholders approve the merger transaction, final court approval will be required and sought from the Ontario Superior Court of Justice on May 26, 2005. The transaction is expected to close during the week of May 30, 2005. About Merge eFilm Merge eFilm is a global healthcare software and services company focused on accelerating the productivity of imaging centers, small- to medium-sized hospitals and clinics with a suite of RIS/PACS products that more efficiently streamline, integrate and distribute image and information workflow across the healthcare enterprise. Since 1987, Merge eFilm has leveraged its healthcare integration and connectivity experience to create workflow solutions that improve our customers' productivity and enhance the quality of care they provide. For more information about Merge eFilm's products and services, visit our website at www. merge-efilm.com, or call Beth Frost-Johnson, Senior Vice President-Marketing and Strategic Planning, at 414-977-4254, email . 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 quite 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. For more information about Cedara's products and services, visit our website at http://www.cedara.com/, or call Jacques Cornet, Vice President of Marketing & Operations, at (905) 672-2100 ext. 2564, email: . Notice to Investors, Prospective Investors and the Investment Community Cautionary Information Regarding Forward-Looking Statements Statements in this press release regarding the proposed merger of Merge Technologies, (d.b.a. Merge eFilm) and Cedara Software Corp. which are not historical facts, including expectations of financial results for the combined companies (e.g., projections regarding revenue, earnings, cash flow, cost savings and future growth), are "forward-looking statements." All forward-looking statements are inherently uncertain as they are based on various expectations and assumptions concerning future events and they are subject to numerous known and unknown risks and uncertainties which could cause actual events or results to differ materially from those projected. Investors are cautioned not to place undue reliance on these forward-looking statements and any such forward-looking statements are qualified in their entirety by reference to the following cautionary statements. Certain factors that could cause Merge eFilm's and Cedara's results to differ materially from those described in the forward-looking statements can be found in the definitive proxy statement/management information circular filed with the Securities and Exchange Commission. Merge eFilm and Cedara undertake no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect any future events or circumstances. Additional Information Shareholders are urged to read the definitive joint proxy statement/management information circular regarding the proposed transaction, because it contains important information. Shareholders will be able to obtain a free copy of the joint proxy statement/management information circular, as well as other filings containing information about Merge eFilm and Cedara, without charge, at the Securities and Exchange Commission's internet site (http://www.sec.gov/). Copies of the joint proxy statement/management information circular and the filings with the Securities and Exchange Commission that will be incorporated by reference in the joint proxy statement/management information circular can also be obtained, without charge, by directing a request to Merge eFilm's Investor Relations Department at Merge eFilm's principal executive offices located at 1126 South 70th Street, Suite S107B, Milwaukee, Wisconsin 53214-3151; telephone number (414) 977-4000. The respective directors and executive officers of Merge eFilm and Cedara may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. Information regarding Merge eFilm's directors and executive officers is available in the definitive joint proxy statement/management information circular filed with the Securities and Exchange Commission, and information regarding Cedara's directors and executive officers is available in the definitive joint proxy statement/management information circular filed with the Securities and Exchange Commission. DATASOURCE: Cedara Software Corp. CONTACT: Merge eFilm: Scott Veech, Chief Financial Officer, (414) 977-4264; Cedara Software Corp.: Brian Pedlar, Chief Financial Officer, (905) 672-2101 x2015; To request a free copy of this organization's annual report, please go to http://www.newswire.ca/ and click on reports@cnw.

Copyright