Novadaq Swissray Asia Enter International Distribution Agreement

Novadaq Technologies

as well as Swissray Asia, a leading distributor of radiation oncology and medical imaging equipment in Southeast Asia, today announced that the companies have entered into an international distribution agreement pursuant to which Swissray Asia has become the exclusive distributor of Novadaq Imaging Systems for the regions of Australia and Indonesia, as well as other Southeast Asia and Oceania countries. Novadaq and Swissray have agreed upon minimum annual purchase commitments for each country in the territories."The agreements signed today cover markets representing more than 400 million people," stated Dr. Arun Menawat, Ph.D., M.B.A., president and chief executive officer of Novadaq. "Swissray is a leading manufacturer and distributor of global medical equipment brands to hospitals in these territories, and we believe they will be a strong partner to introduce Novadaq's point-of-care fluorescence imaging technologies into these large and growing markets.""Since its introduction of the world's first-ever digitized X-ray system, Swissray has consistently delivered world-class performance and quality with its ddR (direct digital radiography) devices," said CEO