Eastman Kodak Medical Device Company Intelligence Report

SUMMARY

Part of the global Eastman Kodak Group, the Kodak Health Group supplies the medical and dental professions with traditional and digital imaging and information systems. This report provides a full review of the company's activities.

Eastman Kodak's portfolio includes picture archiving and communications systems (PACS), radiology information systems (RIS), IT solutions, clinical information solutions, computed and digital radiography systems, laser imagers, mammography and oncology systems, X-ray film systems and dental imaging products. Its services portfolio includes repair and maintenance, as well as professional services encompassing integration, storage and archiving, secure e-mail services and others. Kodak Health Group also provides molecular and pre-clinical scientific imaging devices for the biotechnology research market which are not covered by this profile.

Headquartered in Rochester, New York, USA, the Health Group is Eastman Kodak's second-largest business, generating US$2.7 billion in revenue in fiscal 2004 and accounting for 19.9% of Kodak's total revenue. The business claims to be the market leader for traditional X-ray diagnostic products, dental imaging film, dental digital radiography and dental practice management software. It also holds strong positions in digital radiography and picture archiving systems for image and information management.

This report provides a complete review of the company's activities, from its origins to its latest corporate activity, including mergers and acquisitions, agreements, divestitures, major purchasing contracts and litigation. Sections are included on products, international activities and R&D, as well as a full, in-depth five year financial analysis.

TABLE OF CONTENTS

• OVERVIEW
• CORPORATE HISTORY
• FOUNDATION
• RECENT CORPORATE NEWS
• MERGERS AND ACQUISITIONS
  • Orex
  • Algotec Systems
  • PracticeWorks
  • MiraMedica's Computer-Aided Detection (CAD) Technology
  • Lumisys
  • Computer Knowledge
  • Imation's Medical Imaging Business
  • Nova MicroSonics
  • Wang Laboratories' Software Business Unit
  • Qualex
  • Vortech Data
• MINORITY INVESTMENTS
  • R2 Technology
• DIVESTITURES
  • AuntMinnie.com
  • NanoSystems
  • Office Imaging and Facilities Management Businesses
  • Sterling Winthrop, Clinical Diagnostics and L&F Products
• AGREEMENTS
  • Promise Technology
  • Electronic Healthcare Systems
  • 3G Ultrasound
  • Novadaq Technologies
  • Viatronix
  • ABELSoft Corporation
  • SSI
  • Cisco Systems
  • Merry X-Ray Corporation
  • Heartlab (Agfa)
  • IBM
  • Sogo Clinical Pharmacology
  • Acceletronics
  • Questra
  • MedSynTech
  • IBA Health Limited
  • Camstar Systems
  • Fischer Imaging
  • Axsys Technologies
  • Aliroo
  • Siemens Medical Solutions
  • Motorola
  • Front Porch Digital
  • Easy Pax
  • EMC
  • eTrauma
  • R2 Technology
  • Swissray International
  • Vidar Systems
  • Analogic
• SUPPLY AGREEMENTS
  • Spectrum Health
  • US Oncology
  • Northern Finland's RATU Project
  • Novation
  • Chinese Hospital of San Francisco
  • Resource Optimisation & Innovation (ROi)
  • US Department of Defense (DOD)
  • University of Rochester Medical Centre
  • Heartland Dental Care
  • UK National Health Service
  • Radiology Partners
  • Cedars-Sinai Medical Centre
  • Aspen Dental Management
  • Consorta
  • MedAssets HSCA
  • AmeriNet
  • US Department of Veterans Affairs National Acquisition Center
  • US Defense Logistics Agency
  • Broadlane
  • Sisters of Mercy Health System
  • BuyPower
• INDUSTRY CONSORTIUMS
  • I3A (International Imaging Industry Association)
• LITIGATION
  • Shareholder Class Action Lawsuit
• CORPORATE STRUCTURE
  • Digital & Film Imaging Systems (D&FIS)
  • Graphic Communications
  • All Other
  • Health Group
  • Dental Systems
  • Kodak Health Group - New Structure
• STRATEGIC FOCUS
  • Kodak Health Group
    • Competitors
• PRODUCTS
• HEALTHCARE INFORMATICS AND SERVICES
  • Carestream Solutions
    • Carestream Information Management Solutions
      • Versatile Intelligent Patient Archive (VIParchive) Software
    • Carestream RIS
    • Carestream RIS for Imaging Centers
    • DirectView PACS System 5
    • DirectView PACS System 5 for Mammography
    • Viatronix V3D Colon software
    • Entry-Level System
  • Integrated RIS/PACS
  • Kodak Secure E-Mail Service
  • Professional Services
• DIGITAL RADIOGRAPHY (DR) SYSTEMS
  • DirectView DR 7500
  • DirectView DR 5100
  • DirectView DR 7100
  • DirectView DR 9000 System
    • Trans-bay Option
  • Software
    • DirectView EVP Software
    • DirectView Capture Link System
• COMPUTED RADIOGRAPHY (CR) SYSTEMS
• DirectView CR 975 System
  • DirectView CR 825
  • DirectView CR 950
  • DirectView CR 850
  • Computed Radiography for Digital Mammography
    • Kodak DirectView CR Mammography Feature for CR 850, CR 950 and CR 975 Systems
  • DirectView CR 500
  • Kodak ACR-2000 and Kodak ACR-2000i Systems
  • Kodak 2000RT CR System/CR Plus System
  • Software
    • Kodak DirectView CR Software/Software Options
    • Kodak DirectView EVP Software
    • Kodak General Radiography Software
    • Kodak DirectView Total Quality Tool
    • Kodak DirectView Remote Patient Data Entry Software
  • Accessories
    • Kodak DirectView CR Long-Length Portable Imaging System
    • Kodak DirectView CR Long-Length Imaging System
    • Kodak DirectView Remote Operations Panel
    • Kodak/Orex CR Systems for Specialty Markets
• MAMMOGRAPHY PRODUCTS AND SERVICES
  • Systems
    • Mammography CAD
      • System Enhancements
    • Kodak DirectView Mammography Workstation
    • New Features for Carestream Radiology Solutions for Mammography
    • Computed Radiography for Digital Mammography
    • Kodak Healthcare Solution Services
  • Mammography Films
    • Kodak MIN-R EV Film
    • Kodak MIN-R 2000 Film
    • Kodak MIN-R L Film
  • Laser Imaging Systems for Digital Mammography
    • Kodak DryView 8610 Laser Imaging System
    • Mammography Upgrade to Kodak DryView 8900
    • Kodak DryView Mammography Laser Imaging Film
  • Film Processing for Mammography
    • Kodak MIN-R Mammography Processor
  • Examination Aid
    • Mammography Top
• ONCOLOGY PRODUCTS AND SERVICES
  • Radiation Oncology Beam Dosimetry Package for Kodak 2000RT CR Plus System
  • Oncology Films
    • Kodak EC Film and EC-L System
    • Kodak EC-V Verification System for Portal Imaging
    • Kodak Simulation Film
    • Kodak X-OMAT V
    • Kodak EDR2 Film
    • Kodak Portal Pack for Localisation Imaging
  • Kodak EC Lightweight Cassette for Oncology Imaging
• MEDICAL PRINTING SYSTEMS
  • Digital Colour Printers
    • Kodak Professional Digital Colour Printer
    • Kodak Colour Medical Imager 1000
  • Kodak DryView Laser Imaging Systems
    • New DryView 8900 Laser Imaging System/Mammography Upgrade
    • DryView 8900
      • Enhanced Options
    • DryView 8150
    • DryView 8610
    • DryView 8300
    • DryView 8200
  • PACS Link Systems
  • Laser Imaging Film
    • DryView Laser Imaging Film
    • Kodak Ektascan IR/IRC Film
    • Kodak Ektascan HN/HNC Film
    • Kodak Ektascan HQB/HQC Film
• FILM CAPTURE AND OUTPUT
  • Processors
    • Kodak RP X-OMAT Processor, Model M6B
    • Kodak Medical X-Ray Processor
    • Kodak X-OMAT 1000, 1000A and 1000J Processors
    • Kodak X-OMAT 180 LP Processor
    • Kodak X-OMAT 2000 and 2000A Processors
    • Kodak X-OMAT 3000 RA Processor
    • Kodak X-OMAT 5000 RA Processor
    • MIN-R Mammography Processor
  • Roomlight Handling Equipment
    • X-OMAT Multiloader 7000
    • Kodak Miniloader 2000 and 2000P
    • Kodak Multiloader 700 Plus
    • Kodak X-OMAT Multiloader 300 Plus
  • Films and Film Systems for Medical Imaging
    • Kodak Hyper Speed G Medical Film
    • X-OMAT BT Film
    • Kodak X-OMAT UV
    • Kodak X-Sight Medical Imaging System
    • Kodak InSight Skeletal Imaging System
    • Kodak InSight Thoracic Imaging Systems
    • Kodak InSight VHC Thoracic Imaging System
    • Kodak InSight Paediatric Imaging Systems
      • Kodak InSight Paediatric Imaging System
      • Kodak InSight Paediatric Detail Imaging System
      • Kodak InSight Paediatric Ultra-Detail Imaging System
    • Kodak ClinicSelect X-ray Film
    • Kodak T-Mat Films
      • Kodak T-Mat G/RA Film
      • Kodak T-Mat H/RA Film
      • Kodak T-Mat L/RA Film
      • Kodak T-Mat S/RA Film
      • Kodak MXG and MXB Films
    • Mammography Film
    • Cinefluorography Films
      • Kodak CFE Film
      • Kodak CFHB Film
      • Kodak CFHC Film
      • Kodak CFT Film
    • Screens and Cassettes
      • Screens
        • X-Sight Screens
        • Kodak Lanex Screens
        • Kodak X-Omatic Intensifying Screens
        • InSight Screens
      • Cassettes
        • Kodak X-OMAT Cassette for General Radiography Applications
    • Film Digitisers
      • Kodak LS40
      • Kodak LS50
      • Kodak LS75
      • Kodak LS85
      • Kodak LS85 LF
• PATIENT IDENTIFICATION DEVICES
  • Kodak X-Omatic Patient Identification Camera, Model 4
  • Kodak X- Omatic Identification Camera, Model 4
• DENTAL PRODUCTS
  • Intraoral Imaging
    • RVG 6000 Digital Radiography System
    • RVG 5000 Digital Radiography System
    • Kodak 1000 Intraoral Video Camera
  • Introral X-ray
    • Kodak 2000 Intraoral X-ray System
  • Extraoral Imaging
    • 8000C Digital Panoramic and Cephalometric System
    • Kodak 8000 Digital Panoramic System
    • Digipan Sensor
  • Digital Photographic Cameras
    • Kodak DX7590 Dental Digital Photography System
    • Kodak DX4900 Dental Digital Camera
    • Imaging Software and Accessories
      • Kodak Dental Imaging Software, Macintosh Version (formerly TrophyMac)
    • Kodak Cosmetic Imaging Module
    • Kodak OMS Imaging Software
    • Kodak Orthodontic Imaging Software
    • Printing Supplies
      • Kodak Professional 1400 Digital Photo Printer
      • Kodak Dental and Medical Imaging Inkjet Paper
  • Dental Film and Processing
    • Extraoral Radiographic Films
      • Kodak Ektavision Extraoral Dental Film
      • Kodak T-Mat G Film
    • Intraoral Radiographic Films
      • InSight Intraoral Dental Film
      • InSight Intraoral Dental Film in SureSoft Packets
      • Ultra-Speed Intraoral Dental Film
    • Duplicating Film
      • Kodak X-OMAT 2
    • Screens and Cassettes
      • Kodak Ektavision Screens
      • Kodak Lanex Screens
      • Kodak X-Omatic Regular Intensifying Screens
    • Accessories
      • Kodak Mini Dental Film Viewer
      • LED Safelight
      • Kodak Adjustable Safelight Lamp, Model B
      • Kodak Darkroom Lamp
  • Practice Management
    • For Dentists
      • PracticeWorks Practice Management Software v6.0
      • SoftDent
    • For Oral and Maxillofacial Surgeons
      • WINOMS CS Practice Management Software - Upgrade
      • Kodak OMS Navigator
    • For Orthodontists
      • Orthotrac
      • PracticeWorks OPMS
      • PracticeWorks Orthoware
  • Computed Radiography Systems for Dental Practices
    • Paxorama HS
    • Panoramic Dental Cassette
• INTERNATIONAL ACTIVITIES
• EUROPE
  • France
  • United Kingdom
  • Italy
• MIDDLE EAST
  • Israel
• ASIA
  • China
• GLOBAL LOCATIONS
• RESEARCH AND DEVELOPMENT
• RESEARCH ESTABLISHMENTS
  • Eastman Kodak Laboratories, Rochester, New York, USA
  • Kodak Research and Development, Harrow, UK
  • Kodak Industrie Laboratories, Chalon-sur-Saone, France
  • Product Development Centre, Shanghai, China
  • Kodak R&D Centre, Yokohama, Japan
  • Kodak Health Group R&D
• RESEARCH PROJECTS
  • New Multi-Purpose Digital Radiography (DR) Platform
  • New Image Assembly, Distribution Software
  • New Carestream PACS Software Features
  • Mammography
  • Kodak Point-of-Care CR 300M System for Mammography
    • CAD Algorithms for Full-Field Digital Mammography
      • New Features for Carestream Radiology Solutions for Mammography
• RESEARCH AGREEMENTS
  • University of Rochester Medical Centre
• FINANCIAL REVIEW
  • FINANCIAL INDICATORS - EASTMAN KODAK
• FINANCIAL HIGHLIGHTS
• COMMENTARY
  • First Nine Months of Fiscal 2005
  • Outlook
• FISCAL 2004
  • Kodak Health Group
    • Eastman Kodak - Revenue by Business Area, 2003-2004 (US$ million)
    • Kodak Health Group - Operating Results, 2002-2004 (US$ million)*
  • Global Review
    • Kodak Health Group- Revenue by Geographic Location of Customer, 2002-2004 (US$ million)

INDEX OF TABLES

• FINANCIAL INDICATORS - EASTMAN KODAK
• Eastman Kodak - Revenue by Business Area, 2003-2004 (US$ million)
• Kodak Health Group - Operating Results, 2002-2004 (US$ million)*
• Kodak Health Group- Revenue by Geographic Location of Customer, 2002-2004 (US$ million)

INDEX OF CHARTS

• Fig.1: Percentage of Revenue by Business Area, 2004
• Fig.2: Kodak Health Group - Revenue, 1999-2004 (US$ million)
• Fig.3: Kodak Health Group - Percentage of Revenue by Geographic Area, 2004