Lumisys to enter Internet business

Lumisys to enter Internet business

X-ray film digitizer and computed radiography developer Lumisys has broadened the focus of its company with the launch of AuntMinnie.com, a new Internet business unit. Lumisys plans to create a comprehensive portal Internet site for radiologists and professionals in the medical imaging industry. Launch is expected in October.

In other news, the Sunnyvale, CA-based firm reported a 22% increase in revenue for its second quarter (end-June). Revenues were $5 million, compared with $4.1 million a year ago.

The company posted a net loss for the period of $3.8 million, which included a one-time, non-cash charge of $4 million related to the firm’s sale of its former Imagraph subsidiary to Foresight Imaging (PNN 7/99). Lumisys had net income of $62,000 in 1998.

Lumisys credited sales of its ACR-2000 DesktopCR system for the increase in revenues. The vendor shipped 54 units during the second quarter and 129 during the first half of the year.

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