Mindray Signs Agreement With Novation

MAHWAH, NJ, Dec. 20, 2011 /PRNewswire-Asia-FirstCall/ -- Mindray Medical International Limited (NYSE: MR), a leading developer, manufacturer and marketer of medical devices worldwide, today announced that it has entered into an agreement with Novation allowing its more than 65,000 members and affiliates to purchase Mindray's M7 and M5 ultrasound systems.

"We are pleased to enter into this agreement with Novation and look forward to partnering with the members it serves in supplying state-of-the-art ultrasound technology," said Michael Thompson, Vice President of Ultrasound Sales, Mindray North America. "Now these members can take advantage of Mindray's upgradeable architecture, which provides a significant price-to-value ratio.

"Mindray has been widely noted for its high-quality imaging and innovation over the years. Both the M7 and M5 systems can be used in a wide array of clinical applications. In addition, each system comes with numerous choices of transducers and options. We look forward to helping Novation's members find the right solutions for every facility's specific imaging needs," Thompson added.

Novation is the health care industry's leading supply contracting company, delivering substantial savings to more than 65,000 members and affiliates of VHA Inc., UHC, and Provista, LLC. In 2010, VHA, UHC and Provista members used Novation contracts to purchase approximately $40 billion in products and services.

"This agreement reinforces Novation's commitment to securing the best market value for the members we serve," said Mike Clemens, Vice President of Capital Equipment and Diagnostic Imaging at Novation.

About Mindray

We are a leading developer, manufacturer and marketer of medical devices worldwide. We maintain our global headquarters in Shenzhen, China, U.S. headquarters in Mahwah, New Jersey and multiple sales offices in major international markets. From our main manufacturing and engineering base in China, we supply through our worldwide distribution network a broad range of products across three primary business segments, namely patient monitoring and life support, in-vitro diagnostic, and medical imaging systems. For more information, please visit http://ir.mindray.com.

About Novation, Winner of the Ethics Inside® Certification

Founded in 1998, Novation is the leading health care supply contracting company for the more than 65,000 members and affiliates of VHA Inc. and UHC, two national health care alliances, and Provista, LLC. Novation provides alliance members sourcing services, as well as information and data services. Based in Irving, Texas, Novation develops and manages competitive contracts with more than 600 suppliers. VHA, UHC and Provista members used Novation contracts to purchase nearly $40 billion in products and services in 2010. Novation recently earned the coveted Ethics Inside® Certification from the Ethisphere Institute, a leading international think tank dedicated to the research and promotion of best practices in corporate ethics and compliance, and is the only health care GPO to earn this distinction.

For investor and media inquiries, please contact:In the U.S.:Hoki LukWestern Bridge, LLCTel: [phone]Email: [e-mail] China: Cathy GaoMindray Medical International LimitedTel: [phone]Email: [e-mail]

SOURCE Mindray Medical International Limited

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.