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news release:
VSM MedTech awarded whole-head MEG contract by University
of Tübingen
Vancouver, BC, June 8: VSM MedTech Ltd. (TSX:
VSM), a
leading supplier of magnetoencephalography (MEG) systems for noninvasive imaging
of brain function, was awarded a contract for the sale of a 275-channel
whole-head CTF MEG™ system to Eberhard-Karls University of Tübingen, Germany.
The new system is expected to be installed in the fourth quarter of 2006 at the
University's MEG-Center and will replace a 151-channel CTF MEG system installed
in 1998.
The
whole-head MEG system will work seamlessly with an investigational fetal MEG
(fMEG) system at the Women's Clinic affiliated with the University of Tübingen
that VSM is also scheduled to deliver in the fourth quarter of 2006. The fMEG
order was announced in 2005. University researchers expect to perform
comparisons between measurements made of the fetus and later measurements from
the newborn taken from the new whole-head MEG in an integrated analysis
environment.
"We have
been extremely pleased with the performance of our original CTF MEG system over
the last eight years," said Prof. Niels Birbaumer, Head of the Department of
Medical Psychology and Behavioral Neurobiology and the MEG Center at the
University of Tübingen. "The upgrade to 275 sensors, along with the added
capability of the latest generation system electronics, will strengthen our
research especially related to the investigation of the dynamics of cerebral
interactions."
Jack
Price, President and Chief Executive Officer of VSM, added "We won this contract
thanks to our competitive offer and customer satisfaction with the formerly
installed system. This is another example of the value not just of our
technology but of our commitment to customer service and support for our
installed base. We look forward to seeing the synergies to be provided by the
combination of our exclusive fetal MEG technology and our industry-leading
whole-head MEG system."
The MEG-Center, operated by the Institute of Medical Psychology and Behavioral
Neurobiology, is a central research facility at the University of Tübingen. The
MEG-Center studies the neuronal and psychological basis of learning and memory
at the level of the central nervous system and of peripheral
physiological/cognitive/motor processes. Results of the basic psychobiological
research are applied to specific clinical problems. Specific ongoing projects
include studies of brain-computer interfaces, chronic and complex regional pain,
states of consciousness, inter-hemispheric interaction, insulin sensitivity,
language development and autistic savants.
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