|Articles|April 1, 1998

Vidar nets strong growth for 1997

Vidar nets strong growth for 1997X-ray film digitizer firm Vidar Systems announced that it realized double-digit revenue growth in 1997. The company said in a release that it posted percentage revenue growth four times that of its chief

Vidar nets strong growth for 1997

X-ray film digitizer firm Vidar Systems announced that it realized double-digit revenue growth in 1997. The company said in a release that it posted percentage revenue growth four times that of its chief competitor, Lumisys, which recorded 3.8% growth last year. Privately held Vidar did not release specific revenue and net income numbers.

Vidar credited strong international sales, as well as increased demand for its CCD-based VXR-12 plus and VXR-8 plus digitizers, for its strong financial performance. The Herndon, VA-based company also benefitted from the addition of several new OEM customers, including Varian Oncology Systems and Sterling Diagnostic Imaging.

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Vidar nets strong growth for 1997