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Terason Announces Agreement with Premier Inc.

Burlington, MA – April 6, 2009 – Terason, the innovator and leader in laptop ultrasound technology, today announced that it has signed a three-year agreement with Premier Purchasing Partners, L.P., the group purchasing unit of Premier Inc. The agreement, which is effective April 1, 2009, covers Terason’s complete product line of portable ultrasound imaging solutions, including the Terason 2000+, Terason t3000™ and Terason Echo™ Ultrasound Systems.

“We are delighted to be a part of the Premier healthcare alliance through the awarding of this contract,” said Alice Chiang, Ph.D., Teratech CEO. “I am confident that Premier’s participating members will appreciate the exceptional image quality, portability and value that our ultrasound systems offer, just as we appreciate the distribution reach that results from our relationship with Premier.”

The Terason Ultrasound Systems offer best-in-class image quality; ease of use; and an integrated information management and communications protocol in one system. For quick, on-the-spot and accurate scanning in a wide array of clinical applications, transducers easily connect to the system allowing technicians to perform an ultrasound exam at the point of patient care. Terason’s patented high-density, beam-forming architecture provides a superior performance in a cost-effective ultrasound solution.

The ultrasound system is built upon an industry respected combination of the Apple PC coupled with Windows Operating System to provide seamless networking capabilities, compatibility with various applications, standard connections, and software updates. The system includes DICOM, Wireless, Integrated CD/DVD, and USB capability. The Terason Ultrasound Systems are powerful – designed to work smarter, enhance workflow, and promote efficiency and diagnostic confidence.

About Terason

Headquartered near Boston, Massachusetts, Terason, a division of Teratech Corporation (www.terason.com), is a diagnostic ultrasound technology company setting new standards for image quality, ease of use, size and cost. Using breakthrough system integration technologies, Terason helps improve patient care by enabling compact equipment to generate diagnostic images previously possible only using large, expensive machines. The leading manufacturer of high performance laptop ultrasound imaging systems, Terason was established in 1994 as a spin-off of Massachusetts Institute of Technology (MIT) Lincoln Laboratory. Since Terason introduced its first product in 2001, thousands of ultrasound systems have been shipped throughout the world both to clinicians and to partners such as Siemens, BrainLab and Endocare. The company’s unique Teratech™ Architecture and Fusion™ Processor technologies enable exceptional image quality, system miniaturization and value.

About Premier Inc., 2006 Malcolm Baldrige National Quality Award recipient

The Premier healthcare alliance is more than 2,100 U.S. hospitals and 54,000-plus other healthcare sites working together to improve healthcare quality and affordability. Premier maintains the nation’s most comprehensive repository of clinical, financial and outcomes information and operates a leading healthcare purchasing network.
A world leader in helping deliver measurable improvements in care, Premier works with the Centers for Medicare & Medicaid Services and the United Kingdom’s National Health Service North West to improve hospital performance. Premier has offices in San Diego, Charlotte, N.C., Philadelphia and Washington.

Contact
Grace Palma
VP, Marketing
(781) 270-4143

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