Largo, FL – February 10, 2005: UltraRAD Corporation, a Florida based medical solutions provider is proud to announce the purchase of technology from Cedara Software Corporation, a leading independent provider of medical technologies. Within the terms of the agreement, UltraRAD purchases the Cedara I-Reach derivative software license, a web-based DICOM software providing ever-present image access to the healthcare enterprise. As a result of the agreement, Cedara becomes a shareholder in the common share equity of UltraRAD. “We see this relationship as giving us even more credibility and flexibility in the market place,” according to Tom Goliash, President and CEO of UltraRAD Corporation. “The commitment and focus of the people in both our companies, coupled with the strong engineering and support staffs makes this a win-win situation for us all.”
UltraRAD and Cedara have not been strangers in this ever-changing market. The relationship between the two companies spans the last two years, originally through an OEM arrangement where UltraRAD was granted non-excusive rights to license and sell Cedara’s technology. UltraRAD is now pleased to own their technology roadmap and excited to continue their partnership with Cedara. This technology not only enhances their existing product offering, but shows continued growth in providing a comprehensive solution on an ongoing basis. This agreement brings these two solid market players into and even stronger relationship. “We are very pleased to be solidifying our relationship with UltraRAD,” said Brian Pedlar, Cedara Software’s CFO. “UltraRad has an excellent track record as both a solution provider and in integrating disparate imaging systems. By uniting our technology with their expertise, healthcare professionals will be provided with a wider range of digital tools for medical imaging.”

About Cedara Software Corp: Cedara Software Corp. is a leading independent provider of medical imaging technologies. Cedara's software is deployed in hospitals and clinics worldwide and is licensed by many of the world's leading medical device and healthcare information technology companies

Approximately 28,000 medical imaging systems and 6,400 Picture Archiving and Communications System (PACS) workstations have been licensed to date. Cedara recently acquired eMed Technologies Corporation, widely known as a provider of innovative PACS and teleradiology solutions that have been installed in over 2,000 hospitals and imaging centers.

Cedara recently acquired eMed Technologies Corporation, widely known as a
provider of innovative PACS and teleradiology solutions that have been installed in over 2,000 hospitals and imaging centers. Cedara is unique in that it has technologies and expertise that span all the major digital imaging modalities including computed tomography (CT), magnetic resonance imaging (MRI), digital X-ray, mammography, ultrasound, echo-cardiology, angiography, nuclear medicine, positron emission tomography (PET) and fluoroscopy. Furthermore, the Company's medical imaging offerings are used in all aspects of clinical workflow including the capture of a patient's digital image; the archiving, communication and manipulation of digital images; sophisticated clinical applications to analyze digital images; and even the use of imaging in minimally-invasive surgery. On January 18, 2005, Cedara announced that it had signed a definitive agreement to merge with Merge
Technologies Incorporated (NASDAQ: MRGE), d.b.a. Merge eFilm, in an all-stock transaction. The merger is subject to shareholder and regulatory approval
About UltraRAD Corporation: UltraRAD, a solutions integrator since the 1980’s, utilizes over ten years of experience in PACS and Teleradiology implementation to provide a comprehensive solution to the small hospital and imaging center markets. From a single workstation to a complete enterprise-wide solution (on-site or off), UltraRAD provides the ultimate choice for any hospital, imaging center, outpatient clinic or physician’s office. Every UltraPACS implementation is scalable, reliable, flexible and secure!.

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