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Wednesday, 11/15/2006 9:29:54 PM

Wednesday, November 15, 2006 9:29:54 PM

Post# of 48
Thursday October 19, 8:00 am ET
GE Healthcare and Volcano Corporation Announce World's First Installation of Innova IVUS and Plans to Enable All Future U.S. Innova Labs to Be IVUS Ready
Pre - Cabling of all Innova Labs Will Facilitate Integration of Volcano's Intravascular Ultrasound (IVUS) Technology

WAUKESHA, Wis. & RANCHO CORDOVA, Calif.--(BUSINESS WIRE)--GE Healthcare (NYSE: GE - News) and Volcano Corporation (NASDAQ: VOLC - News) today announced the completion of the first commercial installation of Innova IVUS at PinnacleHealth Heart and Vascular Institute at Harrisburg Hospital in Harrisburg, PA.

Innova IVUS is GE Healthcare's custom integration of Volcano's s5i IVUS imaging system with the best-of-class Innova all-digital X-ray cath lab imaging system. Innova IVUS optimizes clinical workflow by offering IVUS controls on the Innova Central bedside touchscreen. Data exchange between the IVUS system and Innova allows for automatic patient data transfer from Innova for IVUS cases and advanced archiving that links IVUS cases to cath cases.

Volcano's s5i product uses a new PC-based platform that reduces the size, weight and noise of the older generation IVUS consoles. This allows the unit to be located in the control room or in other areas outside of the daily traffic pattern of the cath lab. Clinicians have the ability to control the IVUS system through a variety of control devices located at the patient bedside, at the point of care, or both. Clinicians also have the flexibility to view IVUS images on the existing monitor bank, a separate dedicated IVUS monitor, and/or on a monitor in the control room.

Rajesh Dave, MD, Chairman of Endovascular Medicine at PinnacleHealth Heart and Vascular Institute said, "Volcano's novel IVUS features such as automatic border detection and VH(TM) IVUS plaque composition analysis result in faster IVUS results with more actionable information than was previously available with IVUS. Combine this with GE Healthcare's touchscreen control and easier workflow derived from the unique Innova IVUS application, and I believe IVUS will become increasingly integral in assuring proper stent deployment."

Additionally, GE and Volcano today announced GE's plans to include the cabling required to operate Volcano's IVUS technology on all future U.S. installations of GE Healthcare's Innova imaging systems. The inclusion of IVUS cabling as part of the standard installation creates the infrastructure required to operate Innova IVUS.

"Our decision to include IVUS cabling in all future U.S. Innova installations was based both on positive early customer feedback on Innova IVUS, as well as our belief in the market opportunity for IVUS," said Laura King, Global Vice President, Interventional Cardiology at GE Healthcare. "We believe clinicians will continue to utilize advanced, real-time imaging tools such as IVUS. This integration will make Innova IVUS simple and efficient for our customers."

Scott Huennekens, President and CEO of Volcano Corporation, added, "We believe that clinicians will increasingly demand advanced tools such as IVUS to assist in proper stent deployment, expansion, apposition, and lesion coverage. GE Healthcare's decision to include IVUS cabling in its standard installation will make it easier for a greater number of physicians and their patients to benefit from Volcano's IVUS technology."

Innova IVUS is currently available for sale to new and existing GE Healthcare customers and will be co-marketed by the GE and Volcano sales and marketing organizations in the United States, Europe, certain markets in Asia and other world markets. GE will also collaborate with Volcano to provide unparalleled cath lab design, installation and field repair/service of this new system. Customers will be able to contract with one vendor, GE, for their purchasing, installation and field service needs.