News | August 15, 2007

Philips to Acquire XIMIS Inc. to Strengthen Healthcare Informatics Presence

August 16, 2007 - Royal Philips Electronics will acquire XIMIS Inc., a provider of a next-generation Radiology Information System (RIS), which will be incorporated into the Healthcare Informatics business group of Philips’ Medical Systems division.

The transaction is expected to close in the third quarter of 2007. No financial details on the transaction were disclosed.

XIMIS’ key product is XIRIS (Extended Internet Radiology Information System), a Web-based RIS, scaling from community hospitals up to large, multiple facilities hospitals.

XIRIS is designed to manage patient registration, scheduling, exam tracking, staff and resource management, and the generation of reports and statistical information, thereby reducing errors and streamlining the workflow at radiology facilities. The XIRIS solution concentrates on workflow management and is complementary to the Philips iSite PACS offering that concentrates on image management and distribution.

For more information: www.medical.philips.com

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