MediCapture Announces Record Third Quarter For 2021

MediCapture, Inc.  

PR93106

 

PLYMOUTH MEETING, Pa., Nov. 17, 2021 /PRNewswire=KYODO JBN/--

 

- Sales of MVR(R) Systems and DICOM Made Easy(TM) Lead the Way

 

MediCapture, Inc., a leading manufacturer of medical imaging systems and

hospital connectivity software, has announced record sales and earnings for the

third quarter of 2021.

 

Soon to celebrate its twentieth anniversary, the company is experiencing

accelerated growth spurred by new product releases and strong demand for its

DICOM Made Easy(TM) software -- a comprehensive DICOM solution that streamlines

communications between medical video recorders and hospital information systems

(HIS), including PACS.

 

MediCapture reported its highest quarterly sales of the MVR(R) systems on

record, led by the European division, which surpassed several sales targets

including shipments of over 600 MVR(R) and USB300 medical video recording

systems during the quarter.

 

MediCapture also completed delivery of imaging systems for a large hospital

installation in Russia. The company has supplied over 500 recording systems

since the project launched in Q2 2020.

 

"Over the past two years, we've doubled our production capacity to keep pace

with demand. More importantly, during Q3, we finished securing the necessary

components to meet our manufacturing projections for 2022," said Alexander

Yurusov, vice president of engineering and manufacturing.

 

Another anticipated milestone of the quarter was met by the Integrated Circuit

Board Division, which shipped the first production-ready prototypes of the

fourth-generation iMave(TM) 4K circuit board. iMave (integrated medical

archiving and video engine), which powers the MVR recorder systems, enables

larger OEMs to seamlessly integrate video processing and archiving capabilities

within their surgical endoscopes and microscopes.

 

MediCapture's Software Division also experienced a record quarter, led by sales

of the company's DICOM Made Easy(TM) networking and video connectivity

software.  Sales grew 46% from the previous quarter, Q2 2021, and were up 75%

year-over-year from Q3 2020.

 

"The explosive growth of DICOM in Hospital Information Systems is a key driver

in demand for our DICOM-powered video recording systems," added Michael Bishop,

president and CEO.  "The latest generation of our MVR medical video recorders

has been assimilated into a networked video recording environment that supports

a powerful, yet easy-to-use workflow. This comes from a recognition that the

future of medical imaging will evolve to be more about integrated systems and

processes than stand-alone devices. We are positioned well for the future and

excited about the opportunities."

 

About MediCapture

MediCapture is a leading manufacturer of DICOM-compliant medical video

recording systems. The company's recorders are integrated into a comprehensive,

networked recording solution that supports a guided workflow from video capture

through PACS archiving. Designed for compatibility with any medical video

camera, MediCapture's recorders are marketed by the world's largest

manufacturers of endoscopes, surgical microscopes, and robotic surgery systems.

For more information about MediCapture and its products, visit:

www.MediCapture.com.

 

CONTACT:

Sherrie Walters

Ensemble Communications

sherriewalters@ensemblecomms.com

+1-610-551-4716

 

SOURCE:  MediCapture, Inc.  

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