Vital Images Names Healthcare Veteran Ray Ghanbari Executive Vice President of Strategy and Products
11 December 2008 - 9:00AM
PR Newswire (US)
MINNEAPOLIS, Dec. 10 /PRNewswire-FirstCall/ -- Vital Images, Inc.
(NASDAQ: VTAL), a leading provider of enterprise-wide advanced
visualization and analysis solutions, has named Ray A. Ghanbari,
Ph.D., Executive Vice President of Strategy and Products, a new
position at ViTAL. Ghanbari reports to President and Chief
Executive Officer Michael H. Carrel. In this role, he will be
responsible for product strategy and marketing, corporate
development and driving strategic business planning. "We are
thrilled to have Ray join our executive team," said Carrel. "His
proven ability to bring world-class products to market, as well as
assess and integrate technologies gained through mergers and
acquisitions, will be invaluable to our growth. Ray shares our
passion to deliver life-impacting products to customers promptly,
and to provide service excellence to facilitate broader physician
access and easier adoption of clinical applications across the
enterprise." Ghanbari brings a wide variety of commercial software
and healthcare technology experience in high- growth environments,
and has been successful in both emerging and established companies.
He has a 15-year history of developing large-scale, secure
enterprise-based solutions, many for the healthcare industry.
Ghanbari has held executive and senior- level positions at Ingenix,
Yahoo!, MedData Healthcare Systems, Agouron Pharmaceuticals and the
Mayo Clinic. Previously, Ghanbari served as Chief Technology
Officer at Ingenix, a $1.7 billion UnitedHealth Group subsidiary
that provides commercial software and information services to the
healthcare industry. There, Ghanbari was a key player in
integrating and rationalizing the company's large portfolio of
acquired products and services, along with ongoing product
development. Prior to Ingenix, Ghanbari served as CTO for the
Performance Marketing division of Yahoo! (part of Overture
Services), where he was responsible for next-generation advertiser
tools and services. Ghanbari came to Overture/Yahoo! as part of the
acquisition of Keylime Software, where he was CTO and senior vice
president. Ghanbari said, "I'm very excited about joining Vital
Images. The company has incredibly rich clinical applications, and
is broadening the clinical impact of these advanced visualization
capabilities by distributing them throughout the enterprise. At
ViTAL, I'm eager to leverage our exceptionally strong clinical and
technology expertise, deep industry relationships, and extensive
customer base, as we expand our presence in the marketplace."
Ghanbari received his doctorate in electrical engineering and
computer science from the Massachusetts Institute of Technology. In
addition, he earned a master's degree in physics from Cambridge
University in England, and a bachelor's degree in electrical
engineering and computer science from the University of Illinois,
Urbana-Champaign. About Vital ImagesVital Images, Inc.,
headquartered in Minneapolis, is a leading provider of
enterprise-wide advanced visualization and analysis software
solutions. The company's technology gives radiologists,
cardiologists, oncologists and other medical specialists,
time-saving productivity and communications tools that can be
accessed throughout the enterprise and via the Web for easy use in
the day-to-day practice of medicine. Vital Images also has offices
in Beijing, China and Den Haag, the Netherlands. For more
information, visit http://www.vitalimages.com/ . Forward-Looking
Statements Except for the historical information contained herein,
the matters discussed in this news release are forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995 and are intended to enjoy the protection of the
safe harbor for forward-looking statements provided by that Act.
These statements involve risks and uncertainties which could cause
results to differ materially from those projected, including but
not limited to dependence on market growth, challenges associated
with international expansion, the ability to predict product,
customer and geographic sales mix, regulatory approvals, the timely
introduction, availability and acceptance of new products, the
impact of competitive products and pricing, dependence on major
customers, the ability to successfully manage operating costs,
fluctuations in quarterly results, approval of products for
reimbursement and the level of reimbursement, and other factors
detailed from time to time in Vital Images' SEC reports, including
its annual report on Form 10-K for the year ended December 31,
2007. Vital Images encourages you to consider all of these risks,
uncertainties and other factors carefully in evaluating the
forward-looking statements contained in this release. As a result
of these matters, changes in facts, assumptions not being realized
or other circumstances, the company's actual results may differ
materially from the expected results discussed in the
forward-looking statements contained in this release. The
forward-looking statements made in this release are made only as of
the date of this release, and the company undertakes no obligation
to update them to reflect subsequent events or circumstances.
DATASOURCE: Vital Images, Inc. CONTACT: Michael H. Carrel,
President and Chief Executive Officer of Vital Images,
+1-952-487-9500; or Nancy A. Johnson, +1-612-455-1745, , or Marian
Briggs, +1-612-455-1742, , both for Vital Images Web Site:
http://www.vitalimages.com/
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