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MGT Capital Investments, Inc. is Delighted with the Announcement of Medicsight's Commercial Agreement with Toshiba PACS Division
Date:2/13/2008

Medicsight and Toshiba PACS division sign commercial agreement

NEW YORK, Feb. 13 /PRNewswire-FirstCall/ -- Medicsight PLC is pleased to announce that it has signed a preliminary agreement with the System Integration division of Toshiba Medical Systems Corporation ("Toshiba") for the resale of its MedicRead Colon and ColonCAD software solutions throughout Japan.

Toshiba Medical Systems Corp. is a global leading provider of diagnostic medical imaging systems and comprehensive medical solutions, such as CT, X- ray, Ultrasound, Nuclear Medicine, MRI and information systems. Toshiba will work with Medicsight to obtain MHLW approval in Japan. In addition, both companies have also identified the need for radiologists and gastroenterologists to be trained in the use of the software to help them to interpret CT colonography (CTC) images and rapidly identify suspicious regions for detailed evaluation. In late October Medicsight and Toshiba hosted CTC training workshops at the Japanese Digestive Disease Week (JDDW) conference in Kobe. The JDDW conference is the largest Gastroenterological congress of the year in Japan. Medicsight and Toshiba will continue to work together on similar market development initiatives in 2008 and beyond.

David Sumner, Chief Executive of Medicsight, commented: "We are delighted to be working with Toshiba, one of the world's largest medical imaging solution providers. This agreement is timely as the recently announced positive outcomes of two major clinical trials are widely expected to accelerate the adoption of CTC (also known as virtual colonoscopy) as routine primary screening for colorectal cancer. Toshiba will help to promote the use of our MedicRead Colon and ColonCAD(TM) software to ease the workload of radiologists and to help them accurately identify colorectal polyps and tumors at an early stage when there is a good chance of successful treatment. We see this as bringing important benefits to both Japanese pa
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SOURCE MGT Capital Investments, Inc.
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