Bloomberg News

WideMed Expands Distribution Accord With General Electric Unit

January 16, 2012

Jan. 16 (Bloomberg) -- WideMed Ltd. said it expanded its distribution agreement with a unit of General Electric Co. to include the new configuration of its Morpheus Hx system. This version is sold at a lower price, easing penetration into European and Asian markets, the company said today in a statement to the Tel Aviv Stock Exchange.

To contact the reporter on this story: Susan Lerner in Jerusalem at slerner2@bloomberg.net

To contact the editor responsible for this story: Gwen Ackerman at gackerman@bloomberg.net


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