Swissray wins $13 million ddR contract

October 27, 1999

Digital radiography developer Swissray International of New York City scored a coup this month when the Romanian Ministry of Health awarded the company a $13 million contract for 32 ddR Multi-Systems, Swissray’s digital radiography unit, to be

Digital radiography developer Swissray International of New York City scored a coup this month when the Romanian Ministry of Health awarded the company a $13 million contract for 32 ddR Multi-Systems, Swissray’s digital radiography unit, to be installed in hospitals throughout Romania.

Swissray also announced U.S. sales of four ddR units, three to hospitals in the Department of Veterans Affairs network. The hospitals are the VA Medical and Regional Office Center of Honolulu, HI, the VA Hudson Valley Health Care System of Montrose, NY, the VA Medical Center in Wilkes-Barre, PA, and the Mayo Clinic in Jacksonville, FL.

The sales are yet another confidence booster for the firm, which has been seeking to highlight its market presence. In August, Swissray signed a one-year exclusive distribution agreement with Hitachi Medical Systems America assigning Hitachi to provide sales, marketing, and service for ddR in certain parts of the U.S. (SCAN 9/1/99). In July, the company hired investment banking firm Raymond James & Associates of St. Petersburg, FL, in an effort to support its plans for growth (SCAN 8/4/99).