Health Robotics Surpasses 100 Installations Milestone and Acquires Two I.V. Room of the Future Partner Companies

By Health Robotics, PRNE
Monday, July 26, 2010

BOZEN, SUD-TIROL, Italy, July 27, 2010 - Health Robotics announced that it has reached final agreements to acquire
all assets from Italy-based MEDarchiver S.r.l. and Biomedical Technology
Consulting S.r.l., merging these companies' employees and operations,
re-entering direct sales activities in the Italian market, and conducting a
re-organization of its Executive Management, expecting to close these
acquisitions over the next few months.

"After Health Robotics' meteoric growth recently surpassed the
significant milestone of 100 worldwide I.V. Automation contracts, it dictated
the need to consolidate its market gains by acquiring the assets of these two
strategic partner companies that supplied products and services to Health
Robotics' customers and to the I.V. Room of the Future Project. These
acquisitions enable Health Robotics to: a) re-establish an IV Room presence
in Italy after having temporarily exited the market in 2008 as a result of
the transfer to Loccioni [CytoCare's development partner] of most of Italy's
CytoCare operations; b) yield long-term cost synergies; and c) consolidate
the three companies' intellectual property, customer-facing operations, and
scientific knowledge within the fields of I.V. Automation and Clinical
Workflow Solutions," stated Werner Rainer, Health Robotics' CEO.

MEDarchiver has built an outstanding reputation over the past decade for
excellence in developing and implementing "All-Digital" life-critical
software automation solutions for healthcare providers with exceptional
innovation, ease-of-deployment, and R.O.I. results. Amongst others, assets
include Cardio Web, the world's first and only nationwide Cardiology digital
medical record, certified by the National Council of Cardiologists in Italy;
OMM, which will serve as the company's cornerstone to expand its Cancer
Therapy presence in North America, complementing CytoCare and i.v.SOFT; and
MEDtpn, which enables Health Robotics to immediately offer TPN e-Prescription
to its customers, and to develop TPNstation on top of an industrial-strength
TPN workflow software foundation.

In anticipation of these acquisitions, Health Robotics' instituted in May
and June 2010 changes to its Executive Management Team in order to have its
members become more focused in specific areas of competence. Consequently,
Fabio Fioravanti [Executive VP for Operations and CTO] assumed in June all
responsibilities encompassing quality assurance, product development,
implementation, operations, manufacturing, and customer support; Gaspar
DeViedma ceased his General Counsel duties last May to focus exclusively on
sales, product marketing, and joint-development activities worldwide,
including MEDarchiver solutions outside of Italy; Paolo Giribona now
exclusively concentrates on research activities related to new products such
as TPNstation; and finally Werner Rainer continues as CEO of Health Robotics
while exclusively centering his efforts on the I.V. Room of the Future,
utilizing MEDarchiver's customer base to re-enter the Italian market for I.V.
Automation, and directly supervising the newly formed 10-member Health
Robotics' Scientific Advisory Board, whose contributors will be announced in
August 2010.

Biomedical Technology Consulting has led technology assessments and
workflow re-design projects in Italy, Germany, France, Luxemburg,
Switzerland, Croatia, Serbia, Romania, Albania, U.A.E., Qatar, Iraq, Cyprus,
and Vietnam, with extensive experience in the I.V. Room, Pharmacy,
Cardiology, Anesthesiology, PACS, and Nursing segments.

Expected immediate synergies from the merged companies include a single
customer help-desk; integrated R&D, quality assurance and production teams;
one-stop distribution channels; and the acquisition of key personnel assets.
MEDarchiver will continue to operate as a division of Health Robotics,
focusing on integrated and "All-Digital" workflow automation solutions in its
established local markets, while benefiting from exporting best-of-class
Oncology, Cardiology and other medical error-avoidance technology solutions
throughout Health Robotics' worldwide distribution network. Health Robotics
will continue investing into and expanding MEDarchiver markets, and
showcasing its "All-Digital" healthcare installations, such as Campus
Biomedico University Hospital and La Maddalena Cancer Institute. For more
information, please visit: www.medarchiver.com

About Health Robotics:

Health Robotics is the undisputed global leading supplier of
life-critical intra-venous medication robots, providing healthcare facilities
in 5 continents with robotics technology and software automation solutions
deployed utilizing virtual high-availability technology. Its world-leading
solutions CytoCare(TM) [hazardous IVs], i.v.STATION(TM) [non-hazardous IVs],
i.v.SOFT(TM) [manual compounding software], MEDarchiver(TM) [clinical
information system], and TPNstation(TM) [totally-automated parenteral
nutrition] have and will greatly contribute to ease hospitals' growing
pressures to improve patient safety, increase throughput and contain costs.
Through the effective and efficient production of sterile, accurate,
tamper-evident and ready-to-administer IVs, Health Robotics' solutions help
hospitals eliminate life-threatening drug-exchange errors, decrease other
medical errors and sterility risks, work more efficiently, reduce waste and
controlled substances' diversion, and diminish the gap between rising patient
volume/acuity and scarce medical, nursing, and pharmacy staff.

For more company information including a corporate video, please visit
www.health-robotics.com/en/about-health-robotics/. For additional
information, please contact:

    Health Robotics S.r.l.
    Claudia Flaim, Marketing Coordinator
    Phone: +39-0471-200-372
    flaim@health-robotics.com

Health Robotics S.r.l., Claudia Flaim, Marketing Coordinator, Phone: +39-0471-200-372, flaim at health-robotics.com

YOUR VIEW POINT
NAME : (REQUIRED)
MAIL : (REQUIRED)
will not be displayed
WEBSITE : (OPTIONAL)
YOUR
COMMENT :