3D MEDICAL SECURES STRATEGIC SERVICE LEVEL AGREEMENT WITH LEADING RADIOLOGY PROVIDER CAPITOL HEALTH Further to Safety Medical Products Limited’s (“Safety Medical” or the “Company”) recent announcement that it has entered into a heads of Agreement to acquire 3D Medical Limited, the Directors are pleased to announce that 3D Medical Limited (“3D Medical” or “3DM”) has entered into an exclusive Service Level Agreement (“SLA”) with Capitol Health Limitedi (ASX:CAJ,”Capitol”). HIGHLIGHTS Agreement with leading listed healthcare company Strong validation of commercial pathway Immediate revenue generation Significant commercial upside from growth Under the terms of the SLA, Capitol will exclusively engage 3DM to provide 3D printing services to Capitol for the printing of patient specific anatomical models that serve as visual and functional aides in the diagnostic and patient treatment process. 3DM seeks to deliver improved efficiencies and workflow at both institutional and clinical levels with the greater take up and application of 3D technology. 3DM Executive Director Frank Pertile commented: “We are very excited to be partnering with such a progressive and market leading company as Capitol Health in the radiology sector. We look forward to offering our services to Capitol and the broader market.” “Our business is built on the belief that the 3D technology has the capacity to improve clinical workflows and deliver better patient outcomes.”
Capitol Health Managing Director John Conidi commented: “We see 3D printing as an emerging technology that will play a fundamental part in patient diagnosis and the treatment pathway. In the near future 3D-printed, patient specific anatomical models will form a critical part of medical best practice protocols. As we have done in the past with the take up of other emerging technology, we wanted to again be at the forefront of this very exciting technology and its application in the healthcare sector.” 3DM expects to be providing 3D printing services to Capitol within weeks, with first revenues anticipated to follow shortly thereafter. The application of the SLA, given Capitol is one of Australia’s leading healthcare companies, has the potential to see 3DM services implemented Australia wide in a short period of time.
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