FOR IMMEDIATE RELEASE 

October 17, 2024 Contact: David Wilsondwilson@enlitic.com

ENLITIC ACQUIRES LAITEK, REVOLUTIONIZING MEDICAL IMAGING DATA MANAGEMENT 

Enlitic raises AU$22.5M to fund acquisition and ongoing operations

Highlights 

∙ Enlitic’s acquisition of LAITEK advances Enlitic’s strategic roadmap and represents an inflection point for the Company 

∙ Enlitic has raised AU$22.5M via an Equity Raising with funds applied to the purchase and ongoing operations 

∙ Synergistic benefits have been identified for both Enlitic and LAITEK, particularly in relation to  competitive positioning 

Fort Collins, CO – Enlitic, Inc. (ASX:ENL, the “Company”), a leader in healthcare data standardization,  announced today it has acquired LAITEK Inc., a global leader in medical imaging solutions with over 40 years of experience. This strategic move bolsters Enlitic’s market position and expands its data management  capabilities. 

Synergistic Fusion 

The acquisition merges Enlitic’s AI-powered data standardization with LAITEK’s expertise in medical imaging data migration. This powerful combination will transform how healthcare organizations manage and utilize  patient imaging data. 

Michael Sistenich, Enlitic’s CEO, expressed enthusiasm: “LAITEK’s integration aligns perfectly with our mission to enhance clinical workflows and efficiencies. Their innovative migration approach will significantly boost our capabilities and drive customer satisfaction. This milestone marks a significant point in Enlitic’s journey of  strategic growth.” 

Fred M. Behlen, LAITEK’s President, added: “Joining Enlitic creates an exciting opportunity to deliver  unparalleled value to healthcare providers, addressing data fragmentation and interoperability challenges.”

Enlitic, Inc. 

www.enlitic.com

ARBN 672 254 027 

The merged entity will provide: 

∙ Advanced data migration services with higher data quality outputs ∙ Expanded DICOM standards expertise 

∙ Accelerated AI-powered data tool development 

Strategic Advantages 

This acquisition enables Enlitic to deliver greater product value by enhancing both new and archived data.  Enlitic benefits from greater technological resources and immediate access to decades of archived data,  accelerating the value of Enlitic’s technology’s use cases. LAITEK can now offer improved data quality in its migration services, ensuring accuracy, completeness, and standardized study and series descriptions.  

Enlitic remains committed to supporting LAITEK’s existing customers while integrating technologies and teams, positioning both companies for stronger market competitiveness. 

For more information, visit www.enlitic.com. 

ABOUT ENLITIC  

At Enlitic, we empower healthcare systems to enhance the quality of their medical imaging data using the  capabilities of artificial intelligence. Enlitic has developed an intelligent data framework that powers radiology workflows, orchestrates data between systems, and enables greater comprehension of what information  resides in archives thereby unlocking new revenue opportunities, generating cost-savings, and improving  healthcare delivery. Enlitic enables providers to realize value from decades of stored data. 

For more information about Enlitic, please visit www.enlitic.com and follow us on LinkedIn and X

ABOUT LAITEK 

LAITEK’s proven performance has earned it a reputation as the premier industry specialist for imaging data migration. As a result, the company is regarded as the leading vendor for the most demanding and complex migrations, working directly with hospitals and as a subcontractor for replacement PACS vendors. For more information about Laitek, please visit www.laitek.com 

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Enlitic, Inc. 

www.enlitic.com

ARBN 672 254 027