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EUROTECH S.p.A : wins 1.5m usd contract to supply embedded computers for medical application


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AMARO, ITALY--(Marketwire - June 3, 2010) - Eurotech Sphere II Single Board Computer Powers Multiple Devices for Medical OEM Supplier

Amaro (Italy) June 3rd, 2010 - Eurotech, a leading supplier of embedded technologies, products, and systems, today announces a 1.5 Million USD contract to supply embedded computers to a medical original equipment manufacturer (OEM) that specializes in diagnostics and information technology solutions. The six-month contract will allow the customer to meet market demand for chemistry analyzers with the Eurotech Sphere II single board computer.

The customer chose Eurotech to upgrade its existing products to a newer single board computer extending the lifecycle of these products using this ARM technology. Used to test for diseases in just minutes, these products connect to a laboratory information management system that collects all results into an electronic medical record.

"With the breadth of Sphere II features and performance, medical OEMS can quickly capitalize on their product development efforts to earn additional revenue from proven product lines," explained Greg Nicoloso, Chief Executive Officer of Eurotech Inc. "Eurotech offers multiple hardware solutions, including both ARM and Intel Atom embedded computers, as well as software options and customization to facilitate our customers' success."

THE EUROTECH GROUP

Eurotech (ETH.MI) is a global company based in Italy and with locations in the rest of Europe, North America and Asia. The Eurotech group develops and markets miniaturised computers for special uses (NanoPCs) and computers featuring major computing capacity (HPCs - High-Performance Computers). With these two product categories, Eurotech aims to become a leader in implementation of the pervasive computing infrastructure commonly known as Cloud or Grid, capable of enabling an entire range of value-added services and functions in the transport, defence, industrial, medical and scientific-research sectors.

Company contacts:

Investor relations

Andrea Barbaro

Tel. +39 0433 485411

e-mail: [ andrea.barbaro@eurotech.com ]

Corporate Press Office

Cristiana della Zonca

Tel. +39 0433 485411

e-mail: [ cristiana.dellazonca@eurotech.com ]

International Press Office

Giovanni Sanfelice di Monteforte

Barabino & Partners UK Plc.

53, Davies Street - London W1 K5JH

Tel.: +44 (0)20 71526425

e-mail: [ G.Sanfelice@barabino.co.uk ]

This information is provided by HUGIN


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