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From: Nigel
ArtDate: 15th November 2006
Section: (FILLYABOOTS NEWS RELEASES)
Remote Name: 87.74.94.128
Date: 01/12/06
Time: 19:06
15th November 2006
Premier Bionics Subsidiary Signs MOU worth A$830,000
News Item - Conduit PR
Medic Vision signs MOU to develop a Medical Skills Training Centre and supply medical and surgical training simulators to Southern Medical University, Guangzhou, China
15th November 2006: Medic Vision Pty Ltd (“Medic Vision”), a wholly owned subsidiary of Premier Bionics Ltd (“Premier Bionics” – ticker:PBI) has signed a memorandum of understanding (“MOU”) with the Southern Medical University in Guangzhou, China to develop a ‘state of the art’ skills training centre and the supply of computer-based virtual reality surgical simulation and consulting services. The MOU calls for a contract amounting to 5,000,000 RMB (approximately A$830,000).
Southern Medical University, the former First Military Medical University, is recognised as one of the premier medical universities in China. The university comprises seven prestigious affiliated hospitals and sixteen schools. Medic Vision has been contracted to supply a number of simulators for various medical and surgical specialities including laparoscopic, endovascular and endoscopy skills training thereby expanding the educational and training opportunities for Southern Medical University.
Commenting on the award of this contract, Medic Vision CEO, Mr. Ross Horley said, “We currently have a number of significant projects in negotiation in China following the success of the Chongqing Skills Centre development. The Southern Medical University is one of such projects and represents a further important step in our strategy to be the leading service provider of medical and surgical skills training technology and management in China.
Importantly, the securing of this MOU has led to a record month for Medic Vision with new sales activities totalling in excess of A$1.0 million.”
For further information:
Ross Horley, Managing Director Medic Vision Tel: +61 3 8508 8288 or +61 400 209 899
Peter Marks, Chairman Premier Bionics Tel: +61 3 9824 8166
David Seal Corporate Synergy Plc Tel: 020 7448 4400
Background on Premier Bionics
Premier Bionics was formed in December 2001 to invest in advanced, Australian-based research in medical devices and diagnostics. The company listed on the Australian Stock Exchange (ASX: PBI) in May 2002 and listed on AIM (AIM: PBI) in November 2005.
See www.premierbionics.com.au for more details.
Background on Medic Vision
Medic Vision is a technology based company specialising in the application of technology for surgical and medical skills training. Medic Vision provides consulting services in the development of skills training centres as well as developing and deploying computer-based surgical and medical high fidelity simulators. The company markets a range of medical simulation equipment in Australia, Europe and the Asia Pacific. Medic Vision’s suite of simulators includes equipment to practice surgical and other procedures in the areas of laparoscopy (keyhole surgery), endoscopy (internal examinations), epidural (spinal injections), endovascular (heart conditions), cannulation (intravenous applications), hysteroscopy (gynecological conditions), ocular (eye surgery) and cardiac disease diagnosis
See www.medicvision.com.au for more details.
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Laurence Read Conduit PR Ltd 3rd Floor 76 Cannon Street London EC4N 6AE United Kingdom Direct: +44 (0) 20 7429 6605 Office: +44 (0) 20 7429 6666 Mob: +44 (0) 7979 955 923 Fax: +44 (0) 20 7429 6699 laurence@conduitpr.com
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