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Thursday, April 17, 2008 9:55:01 PM
Dear Fellow Stock Holders:
I have just returned from a trip in the Far East. It looks like we will have to continue to generate revenue from these markets. It has been most promising. In the next several months until we have decided to list we will do nothing but keep selling our systems. We have done exceedingly well opening like two new install-based per month. Last month I sold to a hospital in Dubai and one in Mumbai. I have also sold one system in Philippines.
In Dubai we are working with a Siemens dealer which sells PACS system but they do not have a product like ours for the middle market. Through this dealer we will install one system on April 30th in a very well-known hospital in Dubai.
In Mumbai, we will install in the best private hospital on the west coast of India. This hospital is an Icon installation. We strongly believe following this installation we will have many more.
In the Philippines we installed at the National Kidney Transplant Institute - another Icon installation.
I will soon be leaving again to continue to open new markets.
Regards
Edward Tan
President & CEO
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