CAE Healthcare acquires ICCU and VIMEDIX to offer a complete training solution for ultrasound imaging

MONTREAL, QUEBEC--(Marketwire - Jan. 14, 2010) - (TSX:CAE)(NYSE:CAE) - CAE Healthcare has acquired ICCU Imaging and VIMEDIX in order to expand its growing portfolio with a specialty in ultrasound imaging training.

ICCU Imaging specializes in developing cutting-edge multimedia educative material and offering practical and easy-to-use educational solutions to help medical providers perform a focused bedside ultrasound examination. VIMEDIX specializes in developing advanced echographic simulation training and has begun marketing a virtual reality animated transthoracic echocardiography simulator.

"These bolt-on acquisitions are an important step in the growth of CAE Healthcare. By combining the expertise of ICCU Imaging and VIMEDIX with CAE's training, simulation and modelling know-how, CAE Healthcare will be able to offer a complete solution for ultrasound imaging training, including e-learning, bedside ultrasound seminars and medical simulators," said CAE Healthcare President Guillaume Herve. "ICCU Imaging and VIMEDIX are first-class operations. It is a pleasure to welcome their leaders, recognized as worldwide experts in their fields, Dr. Yanick Beaulieu, President and founder of ICCU Imaging and Dr. Robert Amyot, CEO and President of VIMEDIX, to the CAE Healthcare team."

source: MarketWire