Advanced Image Enhancement and eRAD Enter into Licensing Agreement
PROVIDENCE, RI/GREENVILLE, SC (August 2, 2013) -- Advanced Image Enhancement, Inc. (AIE) a provider of image enhancement tools for the medical imaging industry, announced today it has entered into an agreement with eRAD, Inc., a division of RadNet, Inc. (NASDAQ: RDNT), allowing eRAD to integrate the AIE image enhancement toolkit for mammography as an advanced image processing option to the eRAD PACS viewer (for mammography).
“Our agreement with eRAD serves as further validation that AIE image enhancement tools can be overlaid onto existing technology platforms allowing for greater specificity for reviewing mammography images,” stated Michael Duarte, CEO/Founder, AIE. “eRAD’s expansive network of clinical users throughout the U.S. provides an opportunity to leverage AIE’s imaging tools within the nation’s radiology community.”
AIE’s proprietary image enhancement software leverages signal processing technology originally developed from Navy research to locate undersea mines. In an expanded application, this technology enables physicians to extract more information from medical images. In a clinical study, researchers from Massachusetts General Hospital, Brigham and Women’s Hospital, Newton-Wellesley Hospital and Faulkner Hospital concluded that the AIE enhancement software provided a significant advantage for improving clarity of abnormalities in dense breast tissue and increased radiologists' confidence in determining their case management conclusions. AIE received clearance from the FDA in September, 2006, to market the technology.
“Providing technological advances that help physicians serve their patients is a priority at eRAD,” said Ranjan Jayanathan, eRAD’s General Manager. “AIE’s technology integrates well with eRAD‘s workstations, allowing our users the ability to screen and diagnose patient’s mammograms with the highest degree of proficiency.”
To date, thousands of physicians across the United States and Worldwide have tested and used AIE’s technology platform. According to Arnold Honick, M.D., Medical Director, Sutter North Bay Women’s Health and Breast Center, “For microcalcification evaluation, AIE Enhancement improves the morphology evaluation and best allows detection of the distribution and extent of microcalcifications. This allows detection of subtle microcalcifications and will improve localization procedures for definitive excision if the calcifications are found to be high risk.”
About eRAD, Inc.
eRAD offers a complete suite of workflow solutions for the imaging industry. Its Meaningful Use-ready RIS, web-based PACS, and multi-site workflow solutions are used by teleradiology businesses, specialty reading groups, multi-site reading groups, hospitals and outpatient imaging centers. With over 260 customers in the US and several other countries, eRAD’s solutions are available as cloud-based hosted solutions, or as in-house enterprise solutions. For more information, visit http://www.erad.com.
About Advanced Image Enhancement, Inc.
Advanced Image Enhancement (AIE), based in Providence, RI, provides innovative image enhancement tools for the medical imaging industry. AIE's core technology evolved from proprietary United States Navy signal and image processing software utilized for the detection, classification and localization of undersea mines. The company’s first product addresses the challenges of visualizing subtle lesions in digital mammograms. Future applications of AIE technology include chest x-rays and orthopedics and other image modalities including ultrasound and MRI. Investors in AIE include the Slater Technology Fund and the Cherrystone Angel Group. For more information, visit www.aie-inc.net.