Pavan Behl Named Country Manager BOTHELL, WA and NEW DELHI, INDIA - December 6, 2005 - Sonosite, Inc. (Nasdaq:SONO), the world leader in hand-carried ultrasound, announced today that it has established a liaison office in New Delhi, India to better support its distributors and growing base of customers. The company also said that it has named Mr. Pavan Behl as country manager with overall responsibility for India operations. "The Indian health care market is one of the most dynamic and rapidly growing in the world and offers an excellent opportunity for Sonosite," said Graham Cox, Sonosite Vice President, International.
"With over 15,000 hospitals and 500,000 physicians, investment in health care delivery is expected grow by 12% - 15% per annum over the next five years to $48 billion representing 7% of GDP. By opening a liaison office, we are establishing a direct presence for Sonosite in this market and will work closely with our Indian distributors to better understand and respond to our customers' needs."
"Mr. Behl brings a significant depth of medical technology experience to Sonosite," Mr. Cox added. "During his career he has held positions with multinational companies such as Becton Dickinson, SpaceLabs Medical and Guava Technologies and has been responsible for successfully establishing and managing their direct operations." "I am very excited to join the Sonosite team," said Mr. Behl. "Sonosite's products are uniquely suited to address medical specialties across the diverse Indian health care environment due to their reliability, portability, ease of use and cost effectiveness in bringing high performance ultrasound to the point of patient care.
" Mr. Behl holds a B.Sc.Hons in Chemistry from St. Stephens College, Delhi and an MBA from the Indian Institute of Management Ahmedabad. The Sonosite India Liaison Office is located at Vatika Business Centre, First India Place, 2nd Floor Block-B, Sushant Lok-1, M.G Road, Gurgaon 122002.
Leadership in Hand-Carried Ultrasound
Sonosite began as a division of ATL Ultrasound, now part of Philips Medical Systems, and was spun off as a public company in 1998 to create hand-carried ultrasound devices that could be used at the point of patient care, wherever the patient is located. Today the company is recognized as one of the fastest growing medical technology companies in the United States with revenues growing 37% in 2004 to approximately $116 million. Since the first customer shipment in 1999, Sonosite ultrasound devices are increasingly being used for procedures where physicians need inexpensive, non-radiating imaging in such diverse applications such as real time trauma assessment in emergency situations, guiding interventional procedures such as biopsies, nerve blocks and surgery, and in the imaging lab for full diagnostic examinations.
Sonosite, Inc. (www.sonosite.com) is the innovator and world leader in hand-carried ultrasound, with an installed base of more than 25,000 systems. Headquartered near Seattle, Washington, USA, Sonosite is represented by eight subsidiaries and a global distribution network in over 75 countries. Sonosite's small, lightweight systems are expanding the use of ultrasound across the clinical spectrum by cost-effectively bringing high performance ultrasound to the point of patient care. The company employs approximately 470 people worldwide.