TeraRecon Reports Greater Than 110% Sales Growth at ECR 2009
| Source: TeraRecon, Inc.
VIENNA, AUSTRIA--(Marketwire - March 9, 2009) - TeraRecon, Inc. (www.terarecon.com), a
global provider of advanced visualization solutions, today reported that
the company achieved greater than 110% growth in European sales bookings
for the company's advanced visualization solutions, for 2008 versus 2007,
during the 21st European Congress of Radiology, held in Vienna, Austria.
TeraRecon president Robert Taylor Ph.D said, "In early 2008, TeraRecon
established European headquarters in Frankfurt, Germany, which led to a
great strengthening in our EU operations, as we were able to apply greater
focus on local contract processing, order management and fulfillment,
customer service, and local technical and clinical support.
"We are very happy to report that this investment in the European market is
paying dividends for our customers and partners in the region, as evidenced
by the strong growth in sales bookings we have observed over the period in
question.
"Even in the face of a global economic slowdown, the European market for
TeraRecon continues to go from strength to strength, as European medical
imaging facilities embrace the opportunity to select an alternative to the
limited advanced visualization solution that may be provided as standard by
a CT, MR or PACS provider.
"We have always believed that by providing a specialized and dedicated
solution for department-wide or enterprise-wide advanced visualization, we
offer a compelling value proposition, through integrated workflow across
various modalities, and seamless integration with other medical image and
information management systems, such as PACS, RIS and EMR. We believe we
are seeing the validation of this philosophy as an ever-increasing number
of customers in the EU region select TeraRecon as their advanced
visualization partner. We aim to build and strengthen these partnerships
through 2009, and we expect to see TeraRecon's European business continue
to expand. The company wishes to embrace this opportunity and hence we are
re-doubling our efforts to offer the best value and service to the European
medical imaging community."
About TeraRecon, Inc. (www.terarecon.com)
TeraRecon Inc., a leader in advanced image processing and 3D visualization
techniques, provides advanced imaging systems for medical and other
visualization applications based on its unique and patented image
processing technologies. A four-time winner of Frost and Sullivan awards,
the company has developed a leading portfolio of products that advance the
performance, quality, functionality, and integration of image processing
and 3D visualization systems. Founded in 1997, TeraRecon has developed a
unique family of powerful processors that are used in its real-time,
enterprise-wide image processing solutions and real-time 3D volume
rendering hardware engines. TeraRecon is a privately held company with
headquarters in San Mateo, CA, European headquarters in Frankfurt, Germany,
and branch offices in Concord, MA; Tokyo, Japan and Osaka, Japan.