Kodak Receives Health Canada Approval of Its Digital Mammography System

Eastman Kodak Company (NYSE:EK) announced it has obtained Health Canada approval for its computed radiography (CR) system for mammography and that the company will immediately begin selling this innovative system in Canada.

The KODAK DIRECTVIEW CR Mammography Feature enables mammography images to be captured digitally while utilizing the health provider’s existing mammography X-ray unit. This optional feature is available when purchasing a high-productivity KODAK DIRECTVIEW CR 850 or CR 975 system or as a retrofit to currently installed KODAK CR 850/950/975 systems.

“We are delighted that healthcare providers in Canada are now able to benefit from our innovative CR for mammography system,” said Dina Vazzana, General Manager, Mammography Solutions, Kodak’s Health Group. “Computed radiography enables medical facilities to benefit from the latest digital technology in a cost-effective manner that complements their existing departmental workflow structure.”

Kodak’s CR for mammography feature has been selling successfully in Europe, Greater Asia, Japan and Latin America for more than 18 months. Kodak’s Health Group has installed hundreds of systems with this feature in facilities such as clinics, breast imaging centers and hospitals.

Kodak has also applied for regulatory approval from the FDA in order to begin selling this system in the U.S.

About Kodak’s Health Group
Kodak’s Health Group, with 2006 revenues of almost $2.5 billion, is a world leader in advanced imaging products, services and IT solutions for the medical and dental professions; molecular imaging systems for the life science research and drug discovery/development market segments; and x-ray film and digital x-ray products for the non-destructive testing market.

Kodak recently entered into an agreement to sell the Health Group to a subsidiary of Onex Corporation, Toronto, Canada. With consolidated revenues of almost $20 billion, Onex, which owns companies in a range of industries, has a significant and rapidly growing group of healthcare companies. Subject to regulatory and other approvals, it is anticipated that the sale will close in the first half of 2007. At that time, the Health Group will become a standalone company that will operate as Carestream Health, Inc.