Richardson Electronics announces new Healthcare Division at RSNA 2014

Bringing quality and efficiency through high value replacement parts and components for diagnostic imaging

RSNA 2014

LAFOX, Ill.--()--Richardson Electronics, Ltd. (NASDAQ: RELL), announced today it will be launching its new Healthcare Division at the 100th annual RSNA Meeting held November 30 through December 5, in Booth 6907 located in the North Building Hall of McCormick Place, Chicago, Illinois.

Richardson’s newly formed strategic business unit will be focused on high quality replacement parts for the diagnostic imaging equipment market. The product portfolio will include flat panel detectors, CT and MRI replacement tubes, training and other related products and services. In addition, the medical display products formerly under the North American healthcare segment of Canvys will now be part of this new division. These display products include Image Systems diagnostic imaging displays used with Picture Archiving and Communication Systems (PACS) as well as operating room/surgical displays and related solutions.

“Healthcare providers today are struggling to provide additional patient care with fewer resources and lower reimbursement rates. Richardson Healthcare will help hospitals and third party service organizations reduce the cost of healthcare delivery with high value replacement parts, upgrades and training,” commented Pat Fitzgerald, Executive Vice President and General Manager of Richardson Healthcare. “With our global infrastructure and presence in more than 40 countries, we are well positioned to support the healthcare market throughout the world.”

A new website has been launched to showcase the Richardson Healthcare products and services at www.rellhealthcare.com. The expanded web content and functionality make it easier for visitors to understand the Company’s focus and to find valuable information on its full line of healthcare products and capabilities.

As a division of Richardson Electronics, the goal is to provide peace of mind, great value and a hassle-free experience to healthcare institutions around the world. The product selection and service can help make healthcare delivery more affordable, and will allow our customers to focus on patients. Learn more about Richardson Healthcare at RSNA 2014 – Booth # 6907.

About Richardson Healthcare

Richardson Electronics Healthcare provides flexible, efficient high-value diagnostic imaging replacement parts, components, and technical support to hospitals, diagnostic imaging centers, medical institutions, independent service organizations and more. We have a focused product selection of diagnostic imaging components and displays, as well as robust in-house manufacturing capabilities. In addition, we provide complete post-sale service and support, including installation support, maintenance, troubleshooting, calibration and conformance. For more information, visit us at www.rellhealthcare.com.

About Richardson Electronics, Ltd.

Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; high value displays, flat panel solutions and replacement parts for diagnostic imaging equipment; and customized display solutions. We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure. More information is available online at www.rell.com.

Richardson Electronics common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.

Contacts

Richardson Electronics, Ltd.
Karina Macholz
Global Marketing Programs & Communications Manager
630.208.2618
karinam@rell.com

Release Summary

Richardson Electronics, Ltd. announces the launch of its new Healthcare Division at RSNA 2014. Richardson Healthcare will be focused on high quality replacement parts for diagnostic imaging equipment.

Contacts

Richardson Electronics, Ltd.
Karina Macholz
Global Marketing Programs & Communications Manager
630.208.2618
karinam@rell.com