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Dräger Medical and Masimo Announce Expanded Relationship Dräger Medical adopts Masimo Rainbow SET as its standard oximetry platform. The two companies also released each other from any potential patent infringement claims on pulse oximetry Irvine, California-November 8, 2006-Dräger Medical AG & Co. KG today announced that it has expanded its relationship with Masimo and will integrate Masimo Rainbow SET platform as its principal pulse oximetry technology. The Rainbow SET platform offers Masimo SET Read-Through Motion and Low Perfusion pulse oximetry plus upgradeability to add other parameters in the future. Upgrades are available today for carboxyhemoglobin (carbon monoxide) and methemoglobin and others are planned for the future. Dräger Medical will be incorporating Masimo Rainbow SET into major acute care products. For future product developments, Dräger Medical will replace its Oxisure+ oximetry with Masimo technology. This agreement between Dräger Medical and Masimo also constitutes a release of each other from any potential patent infringement claims relating to pulse oximetry. Dr. Wolfgang Reim, President and CEO of Dräger Medical stated, "We are excited to be able to extend our existing relationship and again be one of the first companies to provide our customers with the latest advancements in noninvasive patient monitoring technology. Masimo SET is clearly the gold standard in motion tolerant pulse oximetry technology and with its new Rainbow Technology Masimo extends the reach of its technology to new important parameters. Dräger Medical and Masimo have enjoyed a great partnership that we are very happy to expand." Joe E. Kiani, Chairman and CEO of Masimo stated, "We greatly value our relationship with Dräger Medical and are happy to be expanding our relationship with this new agreement. Dräger Medical's leadership in patient monitoring and therapeutic systems is well recognized by numerous customers around the world. We are delighted to see Dräger Medical taking Masimo Rainbow SET to its customers, and thereby improving care of millions of patients." About Dräger Medical Dräger Medical AG & Co. KG is one of the world's leading manufacturers of medical equipment, the largest division of Drägerwerk AG (history dates back to 1889) and a 65:35 joint venture company between Drägerwerk AG and Siemens AG. The global Company offers products, services and integrated CareArea™ Solutions throughout the patient care process - Emergency Care, Perioperative Care, Critical Care, Perinatal Care and Home Care. With headquarters in Lübeck, Germany, Dräger Medical employs nearly 6,000 people worldwide, around half of whom work in customer sales & services. R&D and production are located in Lübeck, Germany; Best, Netherlands; Telford, PA, and Andover, MA, USA; and Shanghai, China. The Company has sales and service subsidiaries in almost 50 countries and is represented in more than 190 countries. Dräger Medical provides innovative solutions for acute patient care, which are the result of a clear focus on core competencies, a close dialog with customers, over a century of experience in the market, and continuous investment in R&D. Additional information is available on the Company's website www.draeger.com |
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