GE to Supply Advanced Medical Equipment for Two Myanmar Hospitals

•  GE to supply the Optima CT 660 with ASiR technology to Bahosi Hospital and the Innova IGS 530 Cardiovascular and Interventional Imaging System to Pun Hlaing Hospital

•  U.S. Under Secretary of State for Economic Growth, Energy and the Environment , Robert Hormats, and U.S. Under  Secretary of Commerce for International Trade, Francisco Sanchez, witness the signing of agreements.

Myanmar, July 14, 2012:  GE Healthcare’s national dealer Sea Lion Co Ltd., signed today Sale and Purchase Agreements with the Bahosi and Pun Hlaing hospitals in Yangon to provide advanced GE medical equipment.

GE Healthcare will supply Bahosi Hospital, a leading private hospital in Yangon, the 128-slice GE Optima CT 660 with ASiR technology, a Computed Tomography system which reduces radiation dose up to 40% with no compromise to image quality.

The Pun Hlaing private hospital purchased the GE Innova IGS 530 Cardiovascular and Interventional Imaging System (Cath. Lab), an advanced interventional imaging system from GE.

U.S. Under  Secretary of State for Economic Growth, Energy and the Environment , Robert Hormats, U.S. Under Secretary of Commerce for International Trade, Francisco Sanchez and U.S. Ambassador Derek Mitchell were present at the signing ceremony organized to coincide with the US-ASEAN Business Council meeting in Yangon over the weekend.

Representing Bahosi Hospital were its Managing Director Dr. Kyin Tun and its Patron/Founder Prof. Thein Thein Myint . Chairman of SPA/FMI Co. Ltd U Theim Wai @ Mr. Serge Pun and Hospital Administrator Dr. Ye Moe Myint represented Pun Hlaing Hospital.

GE CEO of ASEAN Stuart Dean said today, “The purchase is good news for our Myanmar operations. The investment in healthcare by both hospitals makes our imaging and scanning machines more accessible in Yangon and nearby towns. We hope to see similar investments made by more hospitals here, in line with government plans to raise healthcare standards in the country.”

“The recent granting by the U.S. Government of licenses to operate will enable us to fast track our plans to establish an office here in Yangon and execute our strategies, mainly in the energy and healthcare sectors. We are delighted with this latest development,” he added.

Sea Lion Managing Director Dr. Win Zaw Aung said his company hoped to play an active role in working with the medical sector to improve the quality of private and public healthcare services in the country.

“GE is a strong name in leading medical technology here and we are pleased to work with GE to tap new opportunities in the local market. Sea Lion has always been committed to ethical, socially responsible, and transparent business practices, and with GE we share a strong partnership,” he added.

Optima CT660 is planned to be installed at Bahosi Hospital in mid-August. Pun Hlaing Hospital is expecting to receive Innova IGS 530 in September 2012.

About GE Healthcare:

GE Healthcare provides transformational medical technologies and services that are shaping a new age of patient care. Our broad expertise in medical imaging and information technologies, medical diagnostics, patient monitoring systems, drug discovery, biopharmaceutical manufacturing technologies, performance improvement and performance solutions services help our customers to deliver better care to more people around the world at a lower cost . In addition, we partner with healthcare leaders, striving to leverage the global policy change necessary to implement a successful shift to sustainable healthcare systems.

Our “healthymagination” vision for the future invites the world to join us on our journey as we continuously develop innovations focused on reducing costs, increasing access and improving quality around the world. Headquartered in the United Kingdom, GE Healthcare is a unit of General Electric Company (NYSE: GE). Worldwide, GE Healthcare employees are committed to serving healthcare professionals and their patients in more than 100 countries. For more information about GE Healthcare, visit our website at www.gehealthcare.com.

For our latest news, please visit http://newsroom.gehealthcare.com

About Sea Lion Co Ltd:

Sea Lion Co Ltd is a leading and comprehensive provider of quality healthcare products and services in Myanmar. In January 2012, Sea Lion Co Ltd was awarded official national dealership for GE Healthcare’s products and services.