Swissray chooses not to renew pact with SourceOne

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Digital radiography equipment manufacturer  Swissray International Ltd. has terminated its two-year distribution agreement with Mentor, Ohio-based SourceOne Healthcare Technologies.

Swissray signed the original distribution pact with SourceOne's predecessor, the former Marconi Health Care Products,  in June 2001 to boost sales of Swissray's ddR product line.

In November 2002, Swissray launched plans to increase its market presence by initiating a major equity investment, a new management team and within the last 30 days, starting the direct sales, applications and service teams in the United States.

 "Swissray is now self-sufficient in the U.S. market, possessing the critical mass necessary to provide all services directly to our customers without intervening levels of business partners," said Swissray CEO Terry Ross.