Day four of new financial year and a nice little contract...

Day four of new financial year and a nice little contract announcement, with much more to come from here ... stand by for the PBI toot toot ... lol

Premier Bionics’ wholly owned subsidiary, Medic Vision Pty Ltd (“Medic Vision”) is pleased to announce it has received a significant order from Queensland Health prior to the end of its financial year. This order marks the first sale of simulators from Medic Visions two newest suppliers - VR Magic’s EYESI® Ophthalmosurgical training simulator and ‘Harvey’ the cardio pulmonary patient simulator. The simulators will be installed at the Queensland Health Skills Development Centre in Brisbane. The total value of this contract is approximately A$320,000. The EYESI® Ophthalmosurgical simulator is currently being installed and ‘Harvey’ will be delivered and installed in the coming quarter. Commenting on the new Australian order, Medic Vision CEO, Mr. Ross Horley said “we are very pleased with the continuing commitment from Queensland Health to further the use of simulation as an alternative to current forms of surgical training which includes training on patients. We are also very excited to have established the first sales of our latest simulation products in such a short timeframe and look forward to further substantial sales in the growing Australian market.” In the past 3 months, Medic Vision has announced significant achievements in relation to simulation sales and consultancy services in the United Kingdom, Hong Kong and Australia. In addition, Medic Vision launched its newly developed Epidural Simulator which subsequently won Australia’s “The Next Big Thing” innovation award and has commenced work on its Temporal Bone drilling simulator.