NEWS: Shareholder email: This sheds some more details and dollars on the deals that went down. He did tell me that they were having to work really hard for US sales. He says they are good at producing technology but poor at buying the end product.
Dear Fellow Stock Holders:
I have recently returned from the Orient and what I called a very fruitful trip.
I have concluded a deal to install a PASS (PACS system) to the Department of Health in the Philippines. The PASS will connect the Philippines Heart Center, another hospital that houses the Department of Radiology and the third hospital -the Kidney Center. This is a major undertaking because it involves lots of integration especially with equipment that are relatively obsolete. However this installation is a major achievement and another milestone in the sale of our products. Installation will commence in the middle of May. When completed it has a price tag of about $300,000.
Meanwhile while focusing on this market we also will be installing another solution at St Luke Hospital in the Philippines. St.Luke is a private hospital and it is the leading hospital with very modern equipment. Recently the First Gentleman (husband of the President of Philippines) was admitted to this hospital for a major heart surgery. During our visit he was also at ward. This installation is also scheduled for Mid-May and it has a price tag of $150,000.
We also have concluded another deal in Hong Kong. A private hospital, the Union Hospital in the New Territories, will test our DCM Storage system. Also scheduled for Mid May the DCM Robot will connect a CT Scan, MRI and Ultrasound equipment. It has a price tag of $200,000.
We are still actively continuing searching for customers within the United States. In June we will be installing a system at a private clinic run by Stanford Hospital. This system will connect this private clinic to CVI where the CT Scan resides. Doctors at the new clinic will be able to view images immediately after they are taken at CVI. Since it is only a work station the price for this project is $45,000. The doctors running this private establishment are from Stanford and they have indicated that they will like to adopt our solutions at Stanford Hospital.
Working is currently underway at CVI to link a GE Echo equipment and the Nuclear Equipment to our existing DCM ROBOT.
With Regards
Edward Tan
CEO
"To Give Anything Less Than Your Best, Is To Sacrifice the Gift." - Steve Prefontaine
