More great news for ADKDiagnos to set up CARA at Devlyn group clinics, outlets
Ticker Symbol: C:ADK
Diagnos to set up CARA at Devlyn group clinics, outlets
Diagnos Inc (2)(C:ADK)
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Last Close2/3/2010
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Thursday February 04 2010 - News Release
Mr. Andre Larente reports
DIAGNOS ANNOUNCES MAJOR GROWTH INITIATIVE IN LATIN AMERICA
DIAGNOS inc. has signed a memorandum of understanding (MOU) andassociated non-disclosure agreement with Oftalmolaser De Mexico SA DeCV (Oftalmolaser), the medical subsidiary of Grupo Devlyn SA De CV(Devlyn). Devlyn is the largest optical chain in Latin America withover 700 optical outlets and 7 ophthalmic clinics.
Under the terms of the MoU, DIAGNOS and Oftalmolaser will worktogether to implement DIAGNOS' Computer Assisted Retinal Analysis(CARA) technology in Oftalmolaser medical clinics and Devlyn opticaloutlets. The service will include automated image processing(enhancement and analysis), as well as professional grading, for a costof $15 per exam.
"Grupo Devlyn's leadership in providing ophthalmology servicesand their commitment to community service, including screening andblindness prevention, make them an ideal partner for DIAGNOS. We lookforward to growing the delivery of ophthalmology services in LatinAmerica with Grupo Devlyn" said Peter Nowacki, DIAGNOS' Vice-President- Healthcare.
"Given our commitment as a family and as a business to thehealth of our communities, we hope to use DIAGNOS' technology tosupport our screening for eye diseases at our chain of optical stores,increase the rate and quality of referrals for treatment in our medicalclinics, and ultimately to make a difference in the vision care of 15million Mexicans with diabetes, 50% of whom are undiagnosed" saidAndrew Devlyn, Grupo Devlyn's Medical Division Director.
About Oftalmolaser
Oftalmolaser is a subsidiary of Grupo Devlyn and is a majorprovider of ophthalmic medical services, including surgical, servicesto its clients. Oftalmolaser currently operates 7 medical clinics inMexico, and is growing its business throughout the region.
About Devlyn
Founded in 1963, Grupo Devlyn is private company that operates aretail chain of over 700 optical stores in Mexico, Central America andCalifornia, and is the largest optical chain in Latin America.
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