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Mindray Provides Updates On New Product Launches, GPO Relationships For First Half Of 2009

Mindray Medical International Limited (Mindray), a developer, manufacturer and marketer of medical devices worldwide, provides updates on new product launches and GPO relationships for the first half of 2009. For the period, the Mindray released a total of five products, including four new products in their patient monitoring and life support line and an upgrade to one of their medical imaging products. The company also announced that Mindray USA has expanded its GPO contact base.

In addition, to expand its product portfolio, Mindray plans to launch a total of seven to nine new products in 2009.

Products

Patient Monitoring and Life Support

HyLite 6700/6500 — is a surgical light that can provide sufficient lighting for operations with excellent cavity-lighting capability.

HyBase 6100 — is a surgical bed that offers a full-safety guarantee, can suit various surgical disciplines, and provides maximum comfort and great convenience to end users.

Both the HyLite 6700/6500 and HyBase 6100 received SFDA and CE marks and are brand new additions to the patient monitoring and life support line, providing even more comprehensive operating room solutions for end users.

Accutorr V vital signs monitor — has received FDA approval and is the company’s first product jointly developed by Mindray’s Mahwah US and Shenzhen China teams. It has the ability to track vital signs by patient ID, a pulse waveform and a pulse strength indicator. The Accutorr V offers fast, direct operations with comfort and ease and comes standard with a LCD display, recorder and 1200 trend memory.

NetGuard Clinical Alert System — has also received FDA approval and is an innovative product developed by Mindray’s Mahwah US. team; it can monitor the electrical activity of patients’ hearts and send automatic alerts to clinical staff in the event of life-threatening cardiac rhythms.

Medical Imaging

DP-6900 — is an upgraded premium portable black and white ultrasound system, which received CE mark, and, via advanced imaging technologies, brings diagnostic confidence in a variety of clinical applications. Together with huge image storage capacity, powerful workflow and comprehensive software packages, it offers end users image quality and flexibility.

We are very pleased with the progress we have made with our product development and GPO relationships, commented Mr. Xu Hang, Mindray’s chairman and co-chief executive officer. Earlier in the year we announced that we plan to launch seven to nine new products in 2009 and we are well on target for achieving that goal. Additionally, the DPM product line has now been added to contracts in five of the largest GPO’s. This provides contracted access to this product line for over 85% of the U.S. hospitals and surgery centers. We will continue to seek to expand our distribution platforms and rapidly bring new high-quality and low-cost products to market while generating new revenue streams in an increasingly price-competitive medical device market.

Mindray USA sells the Datascope brand of patient monitors as well as a newly introduced DPM brand of patient monitors re-engineered for the North American market.