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Mindray to Acquire Datascope's Patient Monitoring Business for US$202 million
Date:3/11/2008

Creates significant synergy opportunities by combining Mindray's leading China-based R&D and production platform and Datascope's strong US-based

direct sales and service network Provides powerful platform for Mindray's international expansion in United

States and Europe

SHENZHEN, China, March 11 /Xinhua-PRNewswire-FirstCall/ -- Mindray Medical International Limited (NYSE: MR), today announced a definitive agreement to acquire Datascope Corp.'s (Nasdaq: DSCP) patient monitoring business, creating upon completion the third-largest player in the global patient monitoring device industry and furthering the company's goal of becoming a leading provider of high-quality medical devices to markets worldwide. Datascope's patient monitoring business achieved total revenues of US$161.3 million in calendar year 2007, approximately the same revenues generated from Mindray's home China market. The transaction is expected to be accretive to Mindray's earnings per share on a non-GAAP basis starting in 2009.

Upon closing, Mindray expects to benefit from the synergies created by combining Mindray's strong China-based engineering and production platforms with Datascope's established brands, long standing reputation for high-quality products and service, its large and established direct sales and service team in the United States and Europe and both companies' leading R&D capabilities. "This transaction represents a unique combination of strengths that will help transfor
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SOURCE Mindray Medical International Limited
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