MINNEAPOLIS, Nov. 25, 2008 (GLOBE NEWSWIRE) -- Virtual Radiologic Corp. (Nasdaq:VRAD), a leading global provider of teleradiology services, today announced a technology partnership with Pro-Laudo, a pioneering teleradiology provider in Brazil. Under the terms of the agreement, Pro-Laudo will use vRad Enterprise Connect(sm), Virtual Radiologic's market-leading teleradiology platform.
"The strategic relationship with Virtual Radiologic is an important step in building Pro-Laudo's market position," said Dr. Felipe Nirenberg, co-founder and chief executive officer of Pro-Laudo. "In Brazil, an acute shortage of radiologists in non-metropolitan areas poses socio-economic inequalities in healthcare delivery. With this technology partnership, we can devote our full attention to providing customers with quality patient care, and realize more quickly Pro-Laudo's growth potential as the major provider of teleradiology services in Brazil."
The agreement is Virtual Radiologic's first Enterprise Connect agreement outside the United States, and will provide Pro-Laudo with increased efficiency and allow for rapid market penetration. vRad Enterprise Connect is the same teleradiology platform used by Virtual Radiologic's more than 130 affiliated practicing radiologists serving 16 percent of hospitals in the United States. Therefore, Pro-Laudo will be able to serve the emerging Brazilian teleradiology market with a full scale and secure solution, and will also provide Brazilian patients with access to Virtual Radiologic's radiology specialists.
"We are proud to support a pioneering company such as Pro-Laudo in building its competitiveness in the Brazilian teleradiology market," said Ade Adeyemi, vice president and general manager of International Operations for Virtual Radiologic. "Our company has a great opportunity to revolutionize the practice of radiology throughout the world through our leadership in technology innovation and operational efficiency. vRad Enterprise Connect represents the most comprehensive and integrated teleradiology platform in the industry and was conceptualized as a global solution, adaptable to regional workflow and languages."
About Virtual Radiologic
Virtual Radiologic Corporation (www.virtualrad.com) provides teleradiology solutions to radiology practices and medical centers throughout the United States and internationally. Utilizing market-leading, proprietary workflow technology, Virtual Radiologic physicians perform preliminary and final read interpretations for emergent and non-emergent needs - day or night, 365 days a year. Virtual Radiologic's American Board of Radiology-certified radiologists are collectively licensed in all 50 states. Virtual Radiologic is The Joint Commission-certified and serves over 600 clients supporting more than 975 medical facilities.
About Pro-Laudo Teleradiology
Pro-Laudo Teleradiology (http://www.pro-laudo.com.br) provides teleradiology solutions to public and private radiology practices and medical centers throughout Brazil and other Portuguese speaking countries. Founded in 2008, Pro-Laudo radiologists perform preliminary and final read interpretations for emergent and non-emergent needs.
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