Sale of MRI Business Closes Successfully

November 20, 2009 - The transfer of ownership of a small footprint, cost-effective MRI platform has effectively changed hands.

ONI Medical Systems announced today that the sale of its MRI technology platform to GE Healthcare, a division of General Electric Company, on November 6, 2009, has effectively closed.

With the purchase of ONI’s high performance, low-cost dedicated purpose MRI technology, GE Healthcare is expanding its product line of MRI healthcare solutions as it aims to support its customers delivery of patient-centered healthcare.

Peter Pellerito, president and CEO of ONI, noted that the Society of Skeletal Radiology (SSR) and the International Skeletal Society (ISS) supported the development of this MRI technology.

For more information: www.onimri.com and www.gehealthcare.com