LiDCO : US purchasing agreement with US hospitals group

('LiDCO' or the 'Company' or 'the Group')

LiDCO (AIM:LID), the hemodynamic monitoring Company, announces that following an extensive competitive evaluationfor non-invasive hemodynamic monitoring it has been awarded a five year purchasing agreement by MedAssets, a US based group purchasing organisation.

MedAssets is a leading healthcare performance improvement company that serves four out of five hospitals in the USA, and have awarded the purchasing agreement on behalf of a large US healthcare group. The major healthcare group serves 10 million people each year in 38 hospitals across eight US states.

Commenting Matt Sassone, Chief Executive Officer, said:

'This purchasing agreement is a very exciting opportunity for LiDCO and has the potential to substantially enhance our business in the USA as it opens up sales into 38 new US hospitals. Whilst the agreement is expected to have a minimal impact on this year's numbers we are confident that it will provide a platform for greater growth in the midterm, with larger opportunities being realised in the next financial year.'