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Criticare Secures Contract to Supply nGenuity Vital Signs Monitors to Russian Hospitals

Agreement Underscores Growing Russian Hospital Modernization Effort


News provided by

Criticare Systems Inc.

Jan 17, 2012, 02:00 ET

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WAUKESHA, Wis., Jan. 17, 2012 /PRNewswire/ -- Criticare Systems Inc., a global leader in patient monitoring systems, has signed a contract to supply vital signs monitors to major hospitals in Tyumen Oblast, Russia's third-largest province. The purchase is part of Russia's nationwide program to upgrade hospital equipment.

(Logo: http://photos.prnewswire.com/prnh/20120117/LA36833LOGO)

Under the agreement developed by Criticare's Russian distributor, Elmedica, the company will provide nGenuity® patient monitors, along with installation and training, to four hospitals, including three regional hospitals. The hospitals are in the cities of Zavodoukovsk, Yalutorovsk, and the provincial capitol, Tyumen, where many of Russia's oil and gas companies have headquarters.

"We are pleased to partner with Elmedica to provide nGenuity patient monitors to hospitals in Tyumen," said Vinod Ramnani, Chairman and Managing Director, Opto Circuits. "The new contract in Tyumen is one of two recent contracts Criticare has acquired through Elmedica to provide vital monitoring equipment to Russian medical centers. The United States and Germany are the leading suppliers of medical equipment for the growing Russian market, and the hospital modernization program represents significant business opportunities for global medical device manufacturers."

The nGenuity patient monitors are designed for use with both adult and pediatric patients. Their innovative user interface features simplified menus and dedicated function keys for faster setups. The monitors' large, bright displays have large numerals that can be seen easily from across a room. nGenuity monitors can be mounted on walls and on mobile stands for convenience.

Learn more about nGenuity.

About Criticare Systems

Criticare Systems Inc., a wholly owned subsidiary of Opto Circuits (India) Ltd., develops, manufactures and markets patient monitoring systems and accessories used in anesthesia, critical care, medical transport and outpatient care settings. Criticare distributes its products through a worldwide direct sales and distributor network. The company is also active in developing highly technical niche markets through research and OEM partnerships. For information, call 1.800.458.4615 or visit www.csiusa.com.

The company is committed to the development and application of proprietary technology across its product range, which gives it the advantage of having sole control over features, performance, reliability and cost of systems.

For information, contact (media) Anastasia Mironova [email protected]+1.425.402.2092 | (investors) [email protected] | +91.80.2852.8088

SOURCE Criticare Systems Inc.

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