Message #9 From:
Stock News Bot Date: December 7, 2006 06:15:00 AM
CMPD News CompuMed's DICOM OsteoGram(R) Featured in Combination with Digital Mammography and Radiography at RSNA
LOS ANGELES--(BUSINESS WIRE)--CompuMed, Inc. (OTCBB:CMPD) -- a medical informatics company leading the
development of advanced imaging technology for cost effective analysis
and monitoring – demonstrated its DICOM
OsteoGram in tandem with imaging systems from several major vendors
during the 92nd Scientific Assembly and Annual
Meeting of the Radiological Society of North America, held in Chicago
November 26-30.
The OsteoGram system has applications across a broad spectrum of digital
platforms, and was featured in conjunction with digital radiography
(DR), computed radiography (CR) and digital mammography systems from
CompuMed licensing partners including the Eastman Kodak Company,
Fujifilm Medical Systems USA and Swissray International.
The DICOM OsteoGram represents the latest advancement to CompuMed's
ground-breaking software-based imaging system for screening, diagnosing
and monitoring osteoporosis. It uses a digital image derived from
filmless x-ray equipment to enable clinicians to perform accurate and
precise osteoporosis testing. DICOM (Digital Communications and Imaging
in Medicine) is the information standard that allows the new generation
of medical imaging equipment to interconnect. DICOM-based systems, such
as filmless x-ray and digital mammography platforms, have become a high
growth segment of the medical imaging market.
"Coupling the OsteoGram with digital mammography has the potential to be
an especially winning combination,” said
CompuMed CEO Jerry McLaughlin. “Imagine that
women could obtain a bone density test at the same time and on the same
equipment as their mammogram.”
Osteoporosis is a silent disease that affects more than 200 million
people worldwide. According to the National Osteoporosis Foundation, the
costs associated with treating the complications of osteoporosis exceed
$17 billion in the United States alone. Medicare’s
HEDIS 2004 program directs health care plan providers to test for
underlying bone disease when a woman shows up with a fragility fracture.
Osteoporosis can often be controlled with calcium supplements and
life-style changes if low bone density is detected in the early stages.
“We were pleased to participate with our
partners at RSNA,” added McLaughlin. “Computer
aided detection [CAD]
is a growing field, and we are proud to help pioneer the development and
integration of applications that make life easier for busy radiologists
and add convenience for patients. In the future, we intend to add other
CAD applications, many of which will enable an ASP model with recurring
revenues for CompuMed.”
About RSNA:
The RSNA annual meeting is the premier international forum for
radiologic science and technology. The scientific and educational
program includes presentations in all radiologic subspecialties through
scientific papers and posters, refresher courses, honored lectures,
education exhibits, infoRAD exhibits, symposia and technical exhibits.
More than 62,000 people attend RSNA, making it the world’s
largest medical assembly. Attendees include radiology professionals,
hospital and corporate-based healthcare executives and exhibitor
personnel from greater than 700 exhibits.
About CompuMed:
Founded in 1973, CompuMed, Inc. (OTCBB:CMPD) is leading the development
of advanced imaging and medical informatics solutions that provide cost
effective analysis and monitoring. CompuMed focuses on cardiovascular
and musculoskeletal diseases, as well as other diseases associated with
aging populations. Its unique expertise in telemonitoring, imaging and
analysis facilitates the development of new solutions and services
designed to improve healthcare provider workflow and patient care, while
reducing costs. CompuMed's core products, the OsteoGram®
and CardioGramTM systems, are cleared by the
FDA and reimbursable by Medicare. The OsteoGram is an accurate and
precise technology for osteoporosis testing. The underlying OsteoGram
technology has significant cost advantages over other technologies and
will be applied to a suite of value-added applications, such as
following the progression of arthritic disease and diagnosing vertebral
fractures and scoliosis. The CardioGram system is one of the first
telecommunication networks designed to remotely interpret
electrocardiograms and is used by private practice, as well as
government and corporate healthcare providers nationwide. The CardioGram
delivers online electrocardiogram interpretations within two minutes of
receipt, and has the additional capability to automatically provide an
over-read (i.e., follow- up review) by a cardiologist. CompuMed is
headquartered in Los Angeles. Visit CompuMed at www.compumed.net
.
This news release contains forward-looking statements as defined by
the Private Securities Litigation Reform Act of 1995. Forward-looking
statements include statements concerning plans, objectives, goals,
strategies, future events or performance and underlying assumptions and
other statements that are other than statements of historical facts.
These statements are subject to uncertainties and risks including, but
not limited to, product and service demand and acceptance, changes in
technology, ability to raise capital, availability of appropriate
acquisition candidates and/or business partnerships, economic
conditions, impact of competition and pricing, capacity and supply
constraints or difficulties, government regulation and other risks
defined in this document. All such forward-looking statements whether
written or oral, and whether made by or on behalf of the Companies are
expressly qualified by these cautionary statements and any other
cautionary statements which may accompany the forward-looking
statements. In addition, the Company disclaims any obligation to update
any forward-looking statements to reflect events or circumstances after
the date hereof.