Mentice Acquires Endovascular Business from Medical Simulation Corporation

GOTHENBURG, Sweden–(BUSINESS WIRE)–Mentice boosts its US development presence and adds a clinical
training service line with the acquisition of Medical Simulation
Corporation’s (MSC) Medical Products division. Mentice is the global
leader of simulation-based performance solutions for endovascular

Under the agreement, Mentice will acquire the assets of the MSC’s
Medical Products division in a share based transaction.

“With this transaction Mentice gains a very experienced US-based
development organization, supporting our North American customers along
with a portfolio of solutions that will be leveraged in the Mentice
VIST® product line,” says Goran Malmberg, CEO of Mentice. “Furthermore,
we are adding clinical training services, providing our clients with an
even wider choice of offerings. I believe this will greatly benefit both
our current and new customers, clearly demonstrating Mentice’s
commitment in taking the market to the next level”.

Mentice will immediately assume responsibility for MSC’s clients and
will provide continued support for the Compass AT and Compass 2
platforms along with associated software and iPad Apps. Mentice also
plans to offer migration solutions to the Mentice VIST platform.

“This transaction enables MSC to focus our efforts on our Hospital
Performance Improvement division (HPI) which is our main emphasis for
the future”, says Mary Beth Loesch, President and CEO of MSC. In
addition, Loesch added our HPI services include consulting, on-line
courseware, and clinical pathway training for important topics such as
Stroke and Sepsis. “We see many opportunities to collaborate where our
services would complement the solutions provided by Mentice.”

About Mentice
Mentice is the world leader in virtual
reality‐based interventional medical simulation solutions. Our solutions
help healthcare professionals with skills acquisition, continuous
development and preprocedural planning—leading to improved productivity
and outcomes. Mentice solutions are scientifically validated, and have
been specifically developed for healthcare providers and the medical
industry. Neurovascular, cardiovascular and peripheral interventions are
just some of the areas covered by our systems. Learn more about the
features and benefits of Mentice solutions at:

About MSC (Medical Simulation Corporation)
MSC is a global
healthcare leader in accelerating patient access to new medical
therapies, achieving the best patient outcomes, reducing patient
mortality and reducing the cost of healthcare delivery. MSC’s Advanced
Clinical Quality Solutions enable multi-disciplinary healthcare team
performance improvement, with a focus on standardizing care delivery and
creating clinical and cost-control results.

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