• Trivitron to spend Rs. 10 crore to modernize and expand the facilities of Vision Engineering
• CE Certified products to be marketed in Emerging global markets

Pune, January 13th, 2009 :
Trivitron, the largest medical technology provider of Indian origin has today announced its investment in Vision Engineering Pvt Ltd, a Pune based X-ray machine manufacturing company. Post this deal, Trivitron will spend Rs. 10 crore for modernizing and expanding two facilities of Vision Engineering located at Pune. The X-ray machines manufactured from these facilities have obtained CE Certification and will be marketed under the brand name “Trivitron Pride Series” in the emerging global markets like Middle East and Africa, etc.

Vision Engineering has been manufacturing X-ray machines on OEM basis for leading MNCs and post this deal, it will continue to do so for other brands too.

Commenting on the investment in Vision Engineering, Dr. G.S.K. Velu, Managing Director, Trivitron, says “By taking a controlling stake in Vision Engineering we are expanding our Medical equipment vertical. Vision Engineering set up in the late sixties has a team of 50 dedicated manpower and had already installed X-ray equipments over 3000 locations. We are proud that we have been able to attain CE certification which is necessary for exports. CE certification has been obtained  for all the medical equipments manufactured at our end including X-ray machines including High Frequency Xray Generators and C Arm Products of Vision Engineering. We are targeting the emerging global markets to sell our products under the brand name Trivitron Pride Series. With the strong R&D team in place we believe that this new venture will help us expand our national and international operations in the medical equipment vertical”

Mr. Devendra D Ajingar, Director of Vision Engineering Pvt Ltd says “We are very proud to be associated with Trivitron which aims to bring in revolution in the Indian medical manufacturing industry moving forward with a clear focus on developing capabilities with internal resources and providing quality and affordable healthcare services to the people. I’m sure with our presence in the medical equipment manufacturing industry over 30 years; we would be able to play a major role in supporting Trivitron’s mission to provide world class services for the Indian health care sector.”

Trivitron will  soon be building a new modern, state of the art factory in Pune for housing X Ray, C Arm Manufacturing. They are also initiating R&D to manufacture Portable Cathlab soon in the new facility. The new facility will come up in Pune in the next 15 months.

While Trivitron's Medical Technology Park in Chennai will focus on manufacturing high end Patented products in JV route, the Pune facility will focus on manufacturing the Generic Medical Instruments in the name of Trivitron Pride series. Pride Series will have an array of innovative products specifically designed, developed and manufactured in-house by Trivitron to suit the requirements of the Indian healthcare industry. The Trivitron Pride series will come with quality certification of CE, FDA enabling easy exports of these products into the European markets. Cardiac monitors, LED warmers, Incubators, High frequency infant Ventilators, OT instruments, HF X-ray generators, and critical analyzers will be the products christened under the pride series banner.

About Trivitron
Trivitron is one of the top 10 medical technology companies in India and aims to bring in a revolution in medical technology manufacturing industry. It operates in the field of Medical Equipment, Medical Devices, Medical Consumables & Disposables, Medical Software, Clinical Diagnostic Equipment & Consulting Services. Trivitron has a strong team of 400 dedicated medical & technical professionals in India and abroad and a 24/7 manned helpline ensuring that every installation comes with its own dedicated support team. Trivitron has 22 offices and over 220 distributing centres spread across the Middle East & Asia-Pacific region.

Their main focus is to help the Indian markets identify their requirements, provide them a host of international brands & indigenous options to choose from, and aid them in getting maximum value out of these brands through excellent service support and continuous medical knowledge initiatives. The key partners are the top international brands in the industry like Aloka(Japan), Biosystems(Spain), Boston Scientific Inc(USA), Hamilton(Switzerland),Hologic Inc(USA),  Nihon Kohden(Japan), Gambro(Sweden) - brands synonymous with their fields of specialisation, worldwide to support quality.

Trivitron is at the forefront of creating a first-of-its-kind, world class manufacturing facility in India at a sprawling 25 acres in Sriperumbadur near Chennai. The company is investing over Rs 250 crore in this facility with financial participation from reputed US based Private Equity companies.

With the unique combination of resources, values and experience, they offer cutting-edge, turnkey solutions for the healthcare sector.

For further information contact:

Mr. Kalyanaraman,                                 Mr. Vishnu/Mr. Ganesh
General Manager – Marketing,              Hanmer MS&L
Trivitron                                                 9823181162/9869379270                       
9962040668