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Chindex International, Inc. Announces CDC Contract Signing
Date:7/11/2008

German KfW Development Bank-financed Projects Will Bring EUR10.8 Million in

Revenue

BETHESDA, Md., July 11 /Xinhua-PRNewswire/ -- Chindex International, Inc. (Nasdaq: CHDX), an independent American provider of international healthcare services and Western healthcare products in the People's Republic of China, today announced that it has signed two contracts for the supply of EUR10.8 million of laboratory and hospital products to Centers for Disease Control in China's Gansu and Inner Mongolia provinces. The projects were awarded to Chindex's German subsidiary, Chindex China-Export GmbH, in late January, and the contracts were signed on Monday in a ceremony in Beijing attended by officials from the Chinese National Development and Reform Commission, Ministry of Finance, Ministry of Health, Ministry of Commerce, the German Embassy, and the German KfW Development Bank.

Speaking at the ceremony after signing the contracts, Chindex CEO Roberta Lipson stated, ''We are privileged to have the opportunity to work with the various Chinese Government entities represented here to undertake major upgrades to the Centers for Disease Control in Gansu and Inner Mongolia provinces. The execution of this program, made possible by the German Government through its KfW Development Bank, is very complex and demands the kind of specific loan and contract execution expertise that Chindex has developed. Now that the contracts have been finalized, we look forward to delivering the much-needed products as soon as possible."

Signing on behalf of the Chinese buyer, Minmetals International Tendering Co., Ltd., was General Manager Long Yu, who commented, ''We have worked with Chindex to procure medical equipment on m
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SOURCE Chindex International, Inc.
Copyright©2008 PR Newswire.
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