Aurora Imaging Technology Announces Exclusive China Distribution Agreement With SUMEC Group Corporation

Posted by Sangaré Mohamed in Technology | 1 comment

NORTH ANDOVER, Mass.–(BUSINESS WIRE)–

Aurora Imaging Technology, Inc. is pleased to announce an exclusive
China distribution agreement with the SUMEC Group Corporation (SUMEC).
SUMEC is a member of the China National Machinery Industry Corporation
(SINOMACH). Its core business includes RD, manufacturing and export of
machinery and electric products including power tools, power machinery,
domestic trading, international tendering and the import of
technological equipment and production materials. This agreement gives
both companies a platform to greatly expand China’s rapidly rising
diagnostic and screening markets for breast MRI.

“This agreement provides us with access to the vital China market, where
the need for advanced breast imaging technologies is now critical. The
incidence of breast cancer in parts of Asia is increasing rapidly and is
catching up with Western rates. In addition, Asian women have a high
propensity for dense breast tissue, which renders it very difficult to
image using traditional breast imaging modalities. The Aurora^® Dedicated
Breast MRI System offers an advantage over traditional breast imaging
techniques, such as mammography for imaging dense breast tissue, making
the need for access to this technology vital for Asian women,” said Ms.
Olivia Ho Cheng, president and CEO of Aurora Imaging Technology, Inc.

Cheng continued, “Together with SUMEC, we can offer our advanced breast
imaging technology throughout China. We hope in doing so we can improve
survival outcomes for millions of women.”

Mr. Benli Yu, president of SUMEC, added, “We are excited to bring
Aurora’s innovative, dedicated breast MRI technology to the physicians
and women of China who will directly benefit from this life-saving
technology. This partnership with Aurora, positions SUMEC for expansion
into the growing diagnostic imaging market.”

About Aurora Imaging Technology, Inc.

Aurora Imaging Technology Inc. is a private company based in North
Andover, Mass. committed to the fight against breast cancer. Aurora
strives to manufacture the highest quality and most cost-effective
breast MRI solutions, and partners with a growing number of the world’s
finest breast care centers to provide the ultimate in the detection,
diagnosis, biopsy and management of breast cancer. The Aurora Breast MRI
System is in clinical use at a rapidly growing number of leading breast
care centers in the U.S., Europe and Asia. For more information please
visit www.auroramri.com.

About SUMEC

SUMEC Group Corporation (SUMEC), founded in 1978, is a key member of
China National Machinery Industry Corporation (SINOMACH). In the context
of global economic integration, through long-term and unremitting
exploration, innovation and development, SUMEC has become one of the
largest import and export corporations in China. For more information
please visit www.sumec.com.

Article source: http://finance.yahoo.com/news/aurora-imaging-technology-announces-exclusive-130600051.html

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