Upgrade Provides Complete Capabilities for Echo Studies;Addresses $460 Million International Shared Services Market BOTHELL, WA, June 23, 2004 - Sonosite, Inc. (Nasdaq: SONO), the worldwide leader in high-performance, hand-carried ultrasound, said today that it has begun customer shipments of cardiology/shared service capabilities for the TITAN system, the Company's most advanced, high resolution, hand-carried system.
"This upgrade represents our fourth major expansion of the TITAN system's capabilities since its introduction a little over a year ago," said Kevin M. Goodwin, Sonosite President and CEO. "This latest release enables physicians to perform full echocardiography and vascular studies in the clinic or at the point-of-care, allowing for earlier diagnosis and treatment. It also addresses the need of many of our international customers who require a shared service system that can perform both radiology and cardiology examinations. The shared service market is estimated to account for at least 20% of the $2.3 billion...