December 30, 2010 - ContextVision, a software imaging partner for many medical imaging manufacturers worldwide, has entered into a strategic collaboration with Neusoft Medical Systems Co. Ltd. (NMS), a provider of a broad range of medical equipment IT solutions and healthcare services in China.
The strategic partnership is designed to allow for the two independent market leaders to pool their best-in-class expertise and technologies to bring out new, highly-competitive software products to the expanding medical imaging marketplace. Initially, during the first year of collaboration, certain NMS imaging software modules will be modified and sold by ContextVision to OEM customers worldwide. Such products are complementary to ContextVision's current product offering.
In a second step, it is expected that certain NMS imaging modalities and ContextVision's proprietary GOPView technology will be integrated into new industry-leading products to reach the market by early 2012. The partnership also will lead to future joint products being developed.
NMS is a wholly-owned subsidiary of Neusoft Corp., which is a leading IT solutions and services provider in China with revenue in excess of $600 million in 2009.