Medicexchange(TM) Announces Collaboration With The Chinese Journal of Radiology (CJR)

Medicexchange, a majority owned subsidiary of Medicsight Inc. (AMEX: MGT), has signed an agreement with The Chinese Journal of Radiology (CJR), a journal under the Chinese Medical Association, for a collaboration with its medical imaging portal, www.medicexchange.com, a tailor-made platform for total clinical imaging diagnosis solutions in China to supply clinical abstracts simultaneously with the journal and papers half year later than the journal's publishing.

Under the agreement, the collaboration allows the publication of all abstracts and archived full editions from the CJR to be posted in each of the medicexchange's clinical communities.

David Sumner, CEO of Medicsight Asia, said: "I am delighted to be working with China's most popular and influential Radiology journal. We see this opportunity as a giant leap forward for Medicexchange(TM) as it enables a visitor to the site not only the option to view the world's leading medical imaging software solutions, but also the option to view all of the CJR abstracts and archived editions online. If a reader decides that they want to obtain a particular clinical paper in full, they can then obtain a hard copy of the CJR in the usual manner."

Sumner continued: "We are confident that this type of quality imaging diagnosis content of CJR will encourage Radiologists to visit medicexchange.com regularly, facilitate the development of medicexchange.com and review academic papers that are generated from some of the leading academic centers in the world today."

Ms. Gao Hong, Director of the Chinese Journal of Radiology, said: "We too are delighted with this partnership. It will allow stronger influence of the journal in the world. We believe that this collaboration will further develop the China Journal of Radiology into a true global brand and also increase awareness of the latest imaging diagnostic work being conducted in China today among medical professionals."

About Medicsight Inc

Medicsight, Inc. is the parent company to both Medicsight plc, a leading developer of computer-aided detection (CAD) technologies and software, and operator of Medicexchange.com, an online multi-vendor sales channel for diagnostic, treatment and surgery planning solutions. The CAD technology, which is developed by its subsidiary, Medicsight plc, is tested using one of the world's largest databases of verified CT scan data. Medicsight plc's software solutions help clinicians identify, measure, and analyze suspicious pathology, such as colorectal polyps and lung lesions. The company's CAD products include ColonCAD API, the first CAD technology available for CT colonography, and LungCAD API. Medicsight, Inc.'s subsidiary, Medicexchange.com, is an online multi-vendor sales channel for diagnostic, treatment and surgery planning solutions for cardiac, thoracic, orthopedic, women's and abdominal imaging. Medicexchange.com provides these solutions in a low-cost, on-demand and digitally-downloadable format for medical imaging professionals, providing access to information and products that they would traditionally have difficulty accessing. Headquartered in London, Medicsight, Inc. employs more than 60 people and also has offices in the United States, Japan, and China. Product and company information can be found on www.medicsight.com. Stock symbol: MGT

All forward-looking statements are made pursuant to the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current management expectations that involve risks and uncertainties that may result in such expectations not being realized. Potential risks and uncertainties include, but are not limited to, the risks described in company filings with the Securities and Exchange Commission.

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