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Electrical Goedesics signs distribution deal with Hitachi

Electrical Geodesics (EGI), a neurodiagnostic medical technology company, has announced the signing of a distribution agreement with Hitachi Medical Systems America, Inc.

Electrical Geodesics (EGI), a neurodiagnostic medical technology company, has announced the signing of a distribution agreement with Hitachi Medical Systems America, Inc.

Under the agreement, EGI will distribute Hitachi's ETG-4000 optical topography device for the non-invasive investigation of blood flow in the brain using near-infrared spectroscopy (NIRS) in the US, Canada and Mexico.

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The agreement allows EGI to sell Hitachi's NIRS device separately or in combination with EGI's Geodesic EEG Systems.

Don Tucker, Chairman and Chief Executive Officer of EGI, commented: "Hitachi is at the forefront in the development of NIRS technology and we are delighted to be working with them in this field and marketing the ETG-4000 alongside our own devices."

Donald Broomfield of Hitachi said: "EGI has a reputation as a leader in advanced neurodiagnostic technologies and a significant sales presence in the US neuroscience markets through their dEEG product range and we believe that they are the partner of choice to promote the ETG-4000 and market our products in parallel with their own."

EGI's share price was up 2.32% to 132.50p at 09:03 on Wednesday.

MF

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