Volcano Corporation and Siemens Healthcare Announce Global Resale Agreement for Volcano IVUS/FFR Systems
Release Date: 2009-08-25
SAN DIEGO and ERLANGEN, GERMANY, Aug. 25 /PRNewswire-FirstCall/ -- Volcano Corporation (Nasdaq: VOLC), a leader in the development, manufacturing and sales of products for the diagnosis of coronary and peripheral artery disease, announced today that it has entered into a non-exclusive, global resale agreement with Siemens Healthcare, a sector of Siemens AG (NYSE: SI). Under this agreement, Siemens will resell Volcano-branded s5i IVUS/FFR systems and accessories alongside Siemens' Artis family of X-ray systems.The Volcano s5i intravascular ultrasound (IVUS) and fractional flow reserve (FFR) system is compatible with Artis X-ray offerings. Volcano's s5i is a component-based system that is incorporated directly into the cath lab, allowing IVUS and FFR to be always on and always ready.
As a technology leader in the cath lab market, Siemens strives to offer the most complete, state-of- the-art cath lab -- while focusing on optimal work-flows. Volcano's s5i IVUS system is uniquely suited to meet those needs, as it interacts seamlessly with the Siemens x-ray systems.
Physicians are recognizing the value of IVUS and FFR as an integral part of daily percutaneous coronary interventions. Volcano's IVUS technology gives clinicians the ability to visualize vessel geometry, understand plaque composition and make measurements for stent sizing. Volcano's FFR technology allows physicians to make a physiological measurement of a lesion to assess the requirement for treatment. Volcano's s5i system uniquely integrates both technologies into the cath lab on one system.
"IVUS and FFR usage is growing worldwide, and more and more hospitals are seeking to include these technologies in their cath lab design from the very beginning," commented Scott Huennekens, president and chief executive officer of Volcano. "Our agreement with Siemens Healthcare is yet another example of Volcano's commitment to provide clinicians with market leading IVUS and FFR technology that functions seamlessly with their X-ray equipment."
"With our Artis system, we bring the best in state-of-the-art cath lab technology to the market." said Dr. Georg Nollert, Global Marketing Manager Cardiology Systems. "Offering Volcano's s5i IVUS / FFR system integrated into the Artis system supports our goal of bringing best-in-class solutions to the interventional cardiologist."
The Volcano - Siemens resale agreement builds upon the established compatibility between the Siemens Artis system and the Volcano s5i integrated IVUS system previously demonstrated at the American College of Cardiology (ACC) meetings.
| Type: | NORMAL |