Neusoft to Invest in Israeli Medical Solutions Company for Accelerating Expansion in Global Healthcare Service Market
By Neusoft Corporation, PRNEMonday, April 25, 2011
SHENYANG, China, April 26, 2011 - Neusoft Corporation ("Neusoft", 600718.SH), a leading IT solution and
service provider in China, recently announced that its wholly-owned
subsidiary Neusoft Europe Inc. ("Neusoft Europe") has signed a subscription
agreement with Aerotel Medical Systems Ltd. ("Aerotel"), a leading global
manufacturer of modular, mobile and home based telemedicine and telecare
solutions based in Israel, under which Neusoft Europe will subscribe for
26915 shares of Aerotel with 1.77 million US Dollars to hold 30.77% of its
outstanding shares. This transaction will enable Neusoft to obtain more
resources and further accelerate its steps entering into the global
healthcare service market.
(Logo: photos.prnewswire.com/prnh/20061219/CNTU012LOGO)
Currently this transaction is subject to regulatory approvals in China.
With medical business as one of its major businesses, Neusoft has been
engaged in medical equipment, medical IT solutions and healthcare services
over the past 10 years and has become China's market leader in the industry.
Meanwhile, the company has been actively expanding in the global market, and
its medical equipment is exported to approximately 60 countries and regions
across the globe. By integrating with Aerotel's leading expertise in
healthcare service, Neusoft will greatly improve the overall competency of
its existing healthcare service business, and quickly extend its advantages
in China to Europe and the global market.
Aerotel, with more than a decade of rich experience in this industry, has
been maintaining strong innovative technology capabilities and a
widely-covered sales network with a client base in over 40 countries and
regions around the globe. By partnering with Neusoft, Aerotel will gain more
capital to support its R&D and business growth, and enhance the
competitiveness of its products and services in the global market.
"We are delighted to establish a close strategic partnership with
Aerotel," said Dr. Liu Jiren, Chairman & CEO of Neusoft Corporation.
"Aerotel's excellent sales network, products and R&D talent will bring new
growth momentum to Neusoft and enable us to enrich our healthcare service
portfolio, strengthen the global delivery capacity, create more value to our
customers, and significantly promote our business expansion in European and
global healthcare markets."
For more information about Neusoft, please visit: www.neusoft.com/en.
For more information about Aerotel, please visit: www.aerotel.com
For more information, please contact: Terry Du PR Manager Neusoft Corporation Phone: +86-24-8366-2306 Email: duch@neusoft.com
.
Tags: April 26, China, Israel, Neusoft Corporation, Shenyang