VisiInc PLC (VZJ) today announced a definitive agreement to
acquire VIA3 in an all-stock transaction valued at approximately USD $16
million.
* VisiInc PLC acquisition of VIA3 delivers industry-defining technology
platform and marks major push into Australian E-health market.
* Combined technology to spearhead global ultra-secure E-health platform for
collaboration of data rich 3D digital media including voice and video
conferencing.
The USD $16 million scrip deal to acquire USA Company VIA3 will deliver a
powerful cutting edge total collaboration and conferencing platform, with
secure 3D file sharing, secure video and audio.
“In acquiring VIA3, the VisiInc PLC offering will significantly accelerate our
Australian E-health market thrust as well as fast track numerous global
projects relating to health, medical, aerospace, engineering, geosciences,
mining and education markets.” said Jacques Blandin CEO Founder of VisiInc PLC.
This integration will provide a total preferred solution for all types of 3D
imaging, including X-ray, CT, MRI, ultrasound, optical, and electron
microscopy. Fast, efficient rendering of all types of geometry also makes it
effective for many other applications, including image processing and analysis,
PACS, DICOM, therapy and surgery planning, implant design, forensic medicine,
education, training, and even molecular modeling.
“The VisiInc platform is the next evolution in visual communication, and is
capable of delivering solutions in both the physical and virtual environment in
3D. With Vistime and VIA3, our combined offering includes unlimited
presentations, application sharing, training, whiteboard sessions or demos and
instant voice and video conferencing previously not possible in one real time
collaboration and conferencing product. VisiInc is currently in trial
discussions in both Europe and Eastern Europe with major medical groups” said
Jacques Blandin CEO Founder of VisiInc PLC.
Vistime was developed so that engineers, geologists, filmmakers, physicists,
healthcare professionals and others can see and work with “elephant-sized”
visual files, for the first time anywhere, and collaborate on them with peers
to save both time and money.
Vistime is a multi-file format, real-time 3D viewer for retrieval and viewing
of large files, including medical imaging systems such as MRIs, scans and
sonograms, over any Internet connection, including dial-up.
About VisiInc PLC:
Corporate http://www.visiinc.com
Market Cap: € 99 million
Shares on issue: 68 million
Deutsche Bourse: (VZJ)
http://www.boerse-frankfurt.de/EN/index.aspx?pageID=35&ISIN=GB00B59WZW82
VisiInc PLC is a leading software company with development and marketing
offices located in the USA. Headquartered in Perth, Australia and
registered in the UK, the company listed on the Frankfurt Stock Exchange In May
2011.
Truly a global enterprise, VisiInc’s structure delivers:
* Efficient access to global equity markets
* Access to international software and technology market
* Cost effective Australian-based operations
The company is listed on the Frankfurt Stock Exchange (Deutsche Bourse), which
is recognized for its ease of trading and as one of the world’s most efficient
capital markets.
Australia is currently moving toward an E-health system where secure electronic
records and medical file management and sharing will radically improve health
care and generate up to an estimated $4 billion in software sales over the
coming six years.
June 1st 2011,VisiInc entered into an agreement to launch MMRGlobal’s patented
consumer and professional health IT products and services, including MMRPro for
healthcare professionals (http://www.mmrprovideos.com) and the MyMedicalRecords
Personal Health Record (PHR) (http://www.mmrvideos.com), on the Visi™ platform
utilizing the Vistime product.
Through it’s evolutionary Visi™ platform, VisiInc operates Vistime. Vistime is
rapidly capturing global market share of major verticals such as Healthcare,
Government, Engineering and Architecture, Mining, Oil & Gas, Exploration,
Energy, Education, Advertising & Media and online Video Conferencing.
Through its unprecedented rapid visual rendering capabilities, the Vistime
system (http://www.vistime.com) allows all end users to simultaneously view,
manipulate, and explore multi-dimensional data visualizations of any file type
and of any size, in real-time without any resolution degradation. The system
eliminates the lag time barrier that exists with other viewers. As a result,
Vistime is the first in the world to enable real-time collaboration of complex,
data-rich visual files and 3D media. For more information, visit
http://www.visiinc.com.
Forward-Looking Statements
This Press Release may contain certain forward-looking statements within the
meaning of the U.S. Private Securities Litigation Reform Act of 1995. The
Company has tried, whenever possible, to identify these forward-looking
statements using words such as "anticipates", "believes",
"estimates", "expects", "plans",
"intends", "potential" and similar expressions. These
statements reflect the Company's current beliefs and are based upon information
currently available to it. Accordingly, such forward looking statements involve
known and unknown risks, uncertainties and other factors which could cause the
Company's actual results, performance or achievements to differ materially from
those expressed in or implied by such statements. The Company undertakes no
obligation to update or advise in the event of any change, addition or
alteration to the information catered in this Press Release including such
forward-looking statements.
Contact:
Glenn Weiland
VisiInc PLC
4401 Wilshire Blvd
2nd Floor
Los Angeles, CA 9001
+61 408 909 553
