Neurognostics signs a strategic partnership with Medical Numerics
Milwaukee, WI, March 29, 2006 – Neurognostics, Inc., a Milwaukee-based company specializing in functional Magnetic Resonance Imaging (fMRI) products and services, has signed a strategic partnership agreement with Medical Numerics, Inc., a software development company specializing in medical image visualization and analysis.
Working to provide the clinical community with the most comprehensive functional MR Imaging fMRI tools and applications, Neurognostics and Medical Numerics today announced a strategic alliance to deliver a new line of products to enhance fMRI’s utility in a clinical setting. The new product line will be based on Medical Numerics’ proprietary fMRI tool set, and Neurognostics’ MindState fDPD fMRI application software.
“We are thrilled about the opportunity to work with Medical Numerics,” said Neurognostics’ CEO, Douglas M. Tucker, Ph.D., M.B.A. “Both of our goals include advancing fMRI technology into clinical practice. It made sense for us to collaborate on our efforts to develop clinically useful fMRI tools and make them available to the clinical community. We explored a range of options to deliver fMRI tools into the hands of clinicians worldwide and concluded that Medical Numerics’ fMRI software solutions were by far the best. By partnering with Medical Numerics, we have the opportunity to add value by integrating our fMRI applications knowledge and expertise into one of the leading image visualization and analysis applications, and ultimately, leverage our expertise into the marketplace through Medical Numerics’ software applications and its scanner OEM relationships.”
“I am very excited about working with Neurognostics,” said Bob Steagall, Chief Operating Officer of Medical Numerics. “In combining their domain expertise in fMRI for detecting and staging central nervous system disorders with our expertise in software engineering and fMRI for neurosurgical planning, we will be able to offer our scanner OEM partners a set of fMRI applications of unmatched clinical utility. Our OEM partners will in turn be able to provide leading-edge clinical fMRI tools of the highest quality to their customers, ultimately benefiting the patient.”