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Mindray Medical Exceeds 2011 Product Development Targets and Announces Strong 2012 Pipeline
Date:1/9/2012

T solutions for ORs and ICUs. For the in-vitro diagnostic product line, the company will develop a more advanced biochemistry analyzer, an upgraded hematology analyzer, other biochemistry analyzers and several reagents, as well as a number of upgraded urine sediment analyzers. Additionally, the medical imaging product line plans to introduce some upgraded color ultrasound units and a digital radiography system.

"We are excited that we exceeded our product development goals in 2011," commented Mr. Xu Hang, Mindray's Chairman and Co-Chief Executive Officer. "In this increasingly price-competitive healthcare market, Mindray remains committed to meeting the specific needs of our customers in various geographies and reducing costs through continuous innovation. This year, we will maintain our efforts in R&D investments and launch seven to 10 new products to support our long-term growth. We will also actively expand our product portfolio through M&A activities. We are confident that Mindray is well positioned to meet the ever-changing needs of and gain a bigger share in the worldwide market."

Cautionary Note Regarding Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including without limitation, statements about Mindray's anticipated product pipeline for domestic and international markets in 2012, Mindray's expectation to launch seven to 10 new products in 2012 with an emphasis on both high-end and low-end market opportunities, Mindray's plan in 2012 to expand and enhance the product offerings within the patient monitoring and life support product line in areas such as anesthesia delivery and total IT solutions for ORs and ICUs, Mindray's plan to develop a more advanced biochemistry analyzer, an upgraded hematology analyzer, other biochemistry analyzers and several
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SOURCE Mindray Medical International Limited
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