Capio and Siemens Form Strategic Partnership

GOTHENBURG, Sweden, July 3, 2002 (PRIMEZONE) -- Capio has reached a long-term supply agreement with Siemens Medical Solutions, which will increase cooperation between the companies in the radiology area. The five-year agreement is expected to provide significant benefits for Capio Diagnostics' investment programme for radiology equipment.

This partnership will support Capio Diagnostics' strategic objectives and expansion plans in the European market through the provision of superior technology, services and dedicated solutions, while simultaneously providing patients with the best possible quality of care. Siemens Medical Solutions is uniquely placed to deliver this, with its high profile in the market place and its leading position as a technology and solutions provider.

"A partnership of this type reflects a completely new approach within the diagnostics area. It will provide us with the opportunity to realise our aggressive growth strategy, particularly in the U.K. and Norway. Our plan is to invest more than SEK 250 M during a five-year-period," said Carsten Browall, Executive Vice President of Capio and President of the Capio Diagnostics business area.

In future, Siemens will supply, install, maintain and service a wide range of equipment as well as related, integrated software solutions. Siemens' status as "preferred partner" for Capio Diagnostics will in turn give the company access to Capio's medical expertise.

"We are delighted to have been selected as Capio Diagnostics' partner and we are certain that the agreement will be highly beneficial to both parties. With this partnership in place we can take a more strategic approach towards our relationship," said Gunter Dombrowe, Chairman of Siemens Medical Solutions, Northern European Region.

Capio AB (publ) July 3, 2002

Siemens Medical Solutions is one of the world's leading companies in the field of medical technology for diagnosis, healthcare and therapy.

Capio is one of the leading healthcare companies in Europe, with operations in seven European markets. Within the diagnostics field, Capio is the market leader in Scandinavia.

For further information, please contact:
Orwar Gustafsson, Director, Capio Diagnostics         +46 70-590 94 50
Lars T Johnson, Director, Capio Diagnostics           +46 70-555 41 09
Ulf Troedsson, Director, Siemens Medical Solutions    +46 70-590 96 45
Gunter Dombrowe, Chairman, Siemens Medical Solutions  +44 1344 396400

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