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Kodak’s Health Group Secures Five-Year Contract With MAGNET


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12,000 MAGNET Participating Healthcare Facilities Will Have Access To Kodak’s Latest Digital X-ray and Laser Imaging Systems

ROCHESTER, N.Y., Nov. 2 -- MAGNET, a major U.S. healthcare group purchasing organization, has signed a new five-year contract with Eastman Kodak Company that makes Kodak’s digital imaging products available to more than 12,000 MAGNET member facilities.

Under terms of this agreement, MAGNET (Mid-Atlantic Group Network of Shared Services) participating healthcare facilities – including hospitals, clinics and growing medical practices – can now purchase KODAK computed radiography (CR) systems, KODAK digital radiography (DR) systems, KODAK laser imaging systems as well as a variety of x-ray films.

“Kodak has established itself as a trusted resource for the latest in digital medical imaging and information technologies,” said Derwood B. Dunbar, Jr., President and CEO, MAGNET. ”As a result of this contract, our participating healthcare facilities can now purchase innovative digital systems and services that can help enhance patient care and improve their day-to-day operations.”

“MAGNET has been an important business partner to Kodak. This new agreement will enable us to provide our latest digital imaging capture systems to help MAGNET members achieve valuable operating efficiencies,” said Connie Pettijohn, Vice President of Corporate Sales, Kodak’s Health Group. “In addition, MAGNET participating healthcare facilities also can purchase professional services and a digital mammography CAD system from Kodak’s Health Group.”
About Kodak’s Health Group

Kodak’s Health Group, with 2005 revenues of $2.65 billion, is a world leader in supplying the medical and dental professions with advanced healthcare products, services and information technology solutions. Its broad portfolio includes picture archiving and communications systems (PACS), radiology information systems (RIS), healthcare information systems, computed radiography (CR) and digital radiography (DR) systems, laser imagers, mammography and oncology systems, x-ray film systems, dental imaging products, and a range of consulting -- as well as repair and maintenance -- services.

Kodak is the world’s foremost imaging innovator, providing leading products and services to not only healthcare customers, but to the photographic and graphic communications markets. With sales of $14.3 billion in 2005, the company is committed to a digitally oriented growth strategy focused on helping people better use meaningful images and information in their life and work.Consumers use Kodak’s system of digital and traditional image capture products and services to take, print and share their pictures anytime, anywhere; Businesses effectively communicate with customers worldwide using Kodak solutions for prepress, conventional and digital printing and document imaging; and Creative Professionals rely on Kodak technology to uniquely tell their story through moving or still images.

For more information about Kodak’s Health Group, contact your Kodak representative or visit www.kodak.com/go/health.
About Magnet

Founded during the 1979 Middle Atlantic Health Congress, Mid-Atlantic Group Network of Shared Services (MAGNET) was created to develop contracts on behalf of its members in the niche market of capital equipment.

MAGNET is one of the oldest, largest and most experienced shared service organizations in the country. Today, MAGNET serves approximately 12,000 providers, including hospitals, alternate care facilities, and physician practices and clinics with a contract portfolio that includes equipment, services and commodities.

MAGNET serves approximately 12,000 providers including hospitals, alternate care facilities, and physician practices and clinics with a contract portfolio that includes equipment, services, commodities and the newly emerging area of niche/boutique (innovative and cost-reducing) products.
Kodak is a trademark of Eastman Kodak Company.
2006



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