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TeraRecon launches Aquarius Workstation at European Congress of Radiology: former AccuImage CEO joins to head new project

San Mateo, CA--March 7, 2001: TeraRecon announced the launch of its Aquarius Workstation at the European Congress of Radiology exhibition in Vienna, Austria. The former CEO of AccuImage Diagnostics Corp. (OTCBB:AIDP), Robert Taylor, Ph.D. has joined TeraRecon as the company's Executive Vice President, with particular focus on developing Aquarius operations. Dr Taylor will be responsible for the marketing and ongoing development of TeraRecon's medical imaging software solutions in the US and Europe, to build on the success the company has enjoyed to date with its proprietary workstation product line in the Japanese market.

"TeraRecon is engaged in the development of high performance technology for imaging applications, and the marketing of products and services featuring the same, to provide the medical imaging professional with advanced digital solutions to the economic and technical challenges faced by modern medical imaging practice," said Motoaki Saito, M.D., President and CEO of TeraRecon. "Dr. Taylor has proven capability in this rapidly-growing, highly technical arena, and we aim to rapidly develop our presence in the US and European markets through his contribution as part of our management team. The Aquarius product line features TeraRecon's advanced 3D and 4D visualization and post-processing solutions for medical imaging devices such as Computed Tomography (CT), Electron-Beam Tomography (EBT, Imatron Inc., NASDAQ:IMAT) and Magnetic Resonance (MR) scanners. In addition, the company's technology will be deployed to provide Intranet and Internet-based solutions for the distribution and review of medical images and reports, providing the many thousands of medical imaging facilities in the US with the opportunity to market new and advanced procedures, and to reduce their tremendous film costs by adopting our digital solutions."

"In the US today, we are seeing a growing public interest in advanced medical imaging," observed Dr. Taylor, "with private scanning clinics that offer screening procedures to the 'worried-well' receiving recent coverage in high-profile broadcast media and the press. This is one of the many related applications for which TeraRecon's core high-performance visualization technology was specifically designed, and we are now poised with the Aquarius product line ready to take advantage of this market opportunity and others in the medical imaging industry in general. Aquarius will also be marketed to medical imaging OEMS to whom TeraRecon can provide targeted technology solutions to enhance their product offerings and marketing capability. The world-class technology and market penetration that TeraRecon already possesses bring a truly exciting opportunity for us to rapidly progress in this challenging and progressive arena."

TeraRecon Inc. recently acquired the Real Time Visualization division from Mitsubishi Electric Corporation, home of the successful VolumePro® real-time volume rendering hardware solution. The company has filed 43 patents pending and is fast becoming an undisputed leader in Volume Graphics technology with a broad range of applications from medical imaging to geological surveying. The company's products enjoy significant penetration into the general medical imaging marketplace, where they feature as the underlying Volume Rendering engine in the products of several significant medical imaging vendors.

About TeraRecon, Inc.
TeraRecon, Inc. is a technology-driven provider of advanced 3D imaging systems for medical and other visualization applications, with solutions based on its unique and patented image processing technologies. The company has developed a leading portfolio of products that advance the performance, quality, functionality, and integration of image processing and 3D visualization systems. Founded in 1997, TeraRecon has developed a unique family of powerful processors that are used in its real-time diagnostic workstations, enterprise-wide 3D imaging servers using thin-client PCs, color Doppler ultrasound systems, mini gamma cameras, high performance reconstruction engines, and real-time volume rendering hardware engines. TeraRecon is a fast growing, privately held company with headquarters in San Mateo, CA, and branch offices in Concord, MA; Tokyo, Japan; Osaka, Japan; and Trondheim, Norway.

Contact:
TeraRecon, Inc.
Robert Taylor, Ph.D.
COO & Executive VP
650.372.1100
taylor@terarecon.com
www.terarecon.com

 

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