Swissray Reports Four International ddR Orders and Record Backlog

Jan 08, 2001, 00:00 ET from Swissray International, Inc.

    NEW YORK, Jan. 8 /PRNewswire/ --
 Swissray International, Inc. (OTC Bulletin Board:   SRMI) pioneer and worldwide
 leader in direct digital Radiography ddR systems and provider of medical
 imaging informatics, announced four (4) orders for ddR systems from
 international buyers. The latest hospitals to order Swissray ddR systems are:
     Oppland Sentral Hospital, (Lillehammer, Norway).
     Vallingby Hospital, (Vallingby, Sweden).
     Hospital IGEA (Milano, Italy).
     National Cheng Kung University Hospital (Tainan, Taiwan).
     Swissray has now built an order backlog that exceeds $US 14 million, 70%
 of which is for ddR equipment with the balance representing conventional x-ray
 equipment and other revenue sources.
     Ruedi G. Laupper, Swissray chairman, president and CEO said:  "These
 orders from Western Europe and Asia represent success in Swissray's continuing
 effort to build a global presence.  Swissray's large order backlog from an
 increasingly diverse, worldwide marketplace insulates us against market
 fluctuations and strongly positions us to build on our ddR market leadership
 position.  These orders are further evidence that healthcare providers around
 the world are ready to embrace ddR technology."
     About Swissray International
     Swissray is the pioneer and worldwide leader in the design, manufacturing
 and marketing of proprietary state of the art direct digital Radiography
 technology. This new technology provides high quality radiographic images in
 seconds and at a lower cost than conventional radiography because, among other
 factors, film and chemical processing are not required.
     Worldwide installations include:  Loyola University Medical Center,
 Chicago, IL; Seaview Radiology P.C., Staten Island, NY; DRA Imaging, P.C.,
 Poughkeepsie, NY; University of Texas Medical Branch at Galveston; U.S.
 Federal Penitentiary, Florence, CO; Kelsey-Seybold Clinic, Houston, TX; Hamot
 Medical Center, Erie, PA; Intermountain Orthopaedics, Boise, Idaho; Diagnostic
 Center, Warsaw, Poland; Regionalspital Langenthal, Switzerland; Medisch
 Centrum Alkmaar, Netherlands; Clinic Dortmund, Germany; and several medical
 centers in Romania.
     For more information about Swissray's family of ddR solutions, products,
 and medical imaging informatics, visit the Swissray web site at
     This release contains certain forward-looking statements which involve
 known and unknown risks, uncertainties or other factors not under the
 company's control which may cause actual results or performance achievements
 of the company to be materially different from the results, performance or
 expectations implied by these forward-looking statements. These factors
 include, but are not limited to, those detailed in the company's periodic
 filing with the Securities and Exchange Commission.
     CONTACT: Josef Laupper, Secretary of Swissray International, Inc.,
 011-41-41-914-1200; or Jens Dalsgaard, senior vice president of Liviakis
 Financial Communications, Inc., 415-389-4670, for Swissray International, Inc.

SOURCE Swissray International, Inc.