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June 3, 2005

The WRHA and Siemens Canada Announce Long-Term Partnership

The Winnipeg Regional Health Authority (WRHA) and Siemens Canada Limited announced today that an agreement has been signed for the naming rights of a new medical research institute to be constructed at the Health Sciences Centre in Winnipeg. The Siemens Institute for Advanced Medicine will focus on developing technological advancements in neurosciences, infectious diseases, advanced imaging and medical informatics, as well as exciting new advanced surgical techniques. As part of the partnership between Siemens and WRHA, The Health Sciences Centre Foundation today announced a $3.5 million gift to the Breakthrough! Campaign from Siemens Canada Limited for the naming rights of the new institute.

The $25 million Breakthrough! Campaign is raising funds to develop the 100,000 square foot Siemens Institute for Advanced Medicine. Featuring state-of-the-art tools and technology the new Institute will be committed to advancing the understanding and treatment of disease and will focus on neurosciences, infectious diseases, advanced imaging and medical informatics.

"Support from leaders like Siemens Canada Limited will ensure the success of the Breakthrough! Campaign, propelling the Health Sciences Centre into the future of medicine and providing Manitobans with the best in health care – the best physicians and specialists, the best equipment and the best facilities," said Hubert Kleysen, Breakthrough! Campaign Chair.

"We are very pleased to be partnering with the WHRA – with their dedication to establishing a world class centre of excellence at the Health Sciences Centre. This partnership signifies our commitment to a more hands on role in Canadian health care," said Gerald Wright, Executive Vice-President and CFO for Siemens Canada Limited. "We are devoted to helping HSC make their dream of Breakthrough! medicine a reality. "

The Health Sciences Centre Foundation's $25 million capital campaign is part of a $48 million commitment to excellence at HSC through the development of the Siemens Institute for Advanced Medicine. In addition to the Breakthrough! campaign $23 million in funding has been received from the Province of Manitoba in support of the Gamma Knife and PET Imaging programs.

"This new facility will help health care providers make scientific breakthroughs," said Health Minister Tim Sale. "Thanks to Siemens' technology this province is on the cutting edge of life saving technology. The PET imaging scanner, for one, will not only help in research but also develop new and innovative medical treatments."

In addition to the $3.5 million contribution to the Breakthrough! Campaign announced today and other naming opportunities within the Institute, $9.5 million in funding has been received from Western Economic Diversification. A $10.5 million private sector campaign is underway in the community.

"Today's announcement marks another milestone for the campaign and moves us all one step closer towards our common goal," said Minister Reg Alcock, President of the Treasury Board and Minister responsible for the Canadian Wheat Board. "The Siemens Institute for Advanced Medicine will increase opportunities for commercialization of new technologies and expand upon Winnipeg's growing health and life sciences cluster."

The Siemens Institute for Advanced Medicine will be located at the William Avenue entrance to the Health Sciences Centre complex, adjacent to the new Critical Services Redevelopment Project -- a more than $100 million facility featuring state-of-the-art operating theatres, intensive care suites and emergency rooms scheduled for completion in late 2006.

As an important element of their partnership, Siemens and HSC are interested in developing collaborative research projects of mutual interest. Siemens products and services will play a definitive role in the Siemens Institute for Advanced Medicine.

Dr. Brian Postl, President and CEO of the Winnipeg Regional Health Authority said this collaboration will help recruit and retain world leaders in both research and treatment. "The state-of-the-art facility that this will result in will rival any other institutes not only nationally but internationally," Dr. Postl said.

"This partnership allows Siemens to leverage our core competencies in innovation and applied technology and is a win-win situation for both partners," said Dr. Albert Maringer, President & CEO of Siemens Canada Limited. "Through the pioneering of new procedures and medical development, and by collaborating our resources, the Siemens Institute for Advanced Medicine will not only benefit the citizens of Manitoba, but all Canadians, and we are very pleased to be a part of it."

"This institute will strengthen the Health Sciences Centre's position as a leader in medical research and provide new technologies that will take us to new areas of excellence in the future" said Dr. Brock Wright, Chief Operating Officer Health Sciences Centre. "And that will translate into medical advances that result in better care for our patients."

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