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Acquisition of QED Imaging by Media Cybernetics

Awardee Story Acquisition of QED Imaging by Media Cybernetics
Date: Jan 26, 2004

Source: Company Data

Media Cybernetics Inc., the leading scientific image analysis software provider is pleased to announce acquisition of the assets of QED Imaging of Pittsburgh, PA. QED provides sophisticated software tools and services for advanced life science microscopy. With this announcement, the staff of QED will remain unchanged. President and founder, Michel Nederlof, will assume the role of Vice President of Advanced Microscopy Development at Media Cybernetics.

"The acquisition of QED's scientific imaging business greatly enhances our product reach into life science microscopy. By adding both a Macintosh and PC product line as well as an elegant graphical user interface with a workflow designed for automated live cell microscopy, Media Cybernetics is well positioned to address the evolving needs of the research community. We look forward to realizing the synergies of our technologies and establishing deeper relationships with more customers in this growing market," said Media Cybernetics' President, Doug Paxson.

"The acquisition by Media Cybernetics presents an excellent opportunity for us to bring our products to a larger set of potential users worldwide," said Nederlof. "It will also give us the infrastructure to strengthen our product development and QA processes."

Both the flagship Image-Pro® family and the QED software product lines will be available via authorized reseller channels worldwide. Media Cybernetics will provide all existing QED software customers with ongoing support, maintenance and further development of the QED product line.

About Media Cybernetics
Founded in 1981, Media Cybernetics develops image informatics solutions to automate research, development, and quality control processes in life science and industry. The company's products simplify and enhance image-based data collection and analysis to increase the accuracy and productivity of its customers. For more information about Media Cybernetics, visit www.mediacy.com.

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