News | January 20, 2009

Ontario’s Government Invests $29.6 in Agfa HealthCare R&D

January 20, 2009 - Agfa HealthCare has signed an agreement with the Government of Ontario, Canada for a CAD$29.6 million governmental grant to support the growth of and streamline the company’s research, development and regional operation centers in Toronto and Waterloo (Canada).

The grant will support a total of nearly $200 million investment by Agfa HealthCare in its Ontario operations, creating 100 new positions and re-investing in 276 existing jobs. The total investment is designed to centralize and streamline the company’s research, development and regional operations, which will serve both the North American as well as global requirements for the company. Partnering with businesses to generate investment and create jobs is a component of the Ontario government's five-point plan to grow the economy and will be provided from the Next Generation of Jobs Fund.

The 100 new jobs created at Agfa HealthCare will include software development roles, general support services and back office functions designed to meet the company's regional, national and global needs. In total Agfa HealthCare will employ nearly 400 people in Ontario, focusing on the development, implementation and support of the company's eHealth, Regional Health and Digital Imaging Solutions. Agfa’s Waterloo office will be its primary research and development facility, developing Picture Archiving and Communication Systems (PACS), called IMPAX, and other advanced software solutions for hospitals and healthcare facilities worldwide.

For more information: www.agfa.com

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