Imris’ core business is Hybrid Operating Rooms
Post# of 10
They have major hospital clients world wide, 42 in the US, 6 in Canada, 5 in China, 2 in Japan, 2 in Australia, 1 in India, 1 in Doha Qatar (mid east) and 4 in Europe. This is a very competitive business with many contracts awarded by competitive tenders. Installations run from $4 to $14 million with many years in the planning and up to 2 years or more in the execution stage. These projects are often part of major hospital projects that run in the $100’s of millions to $1 billion or more. Imris is still in the start up stage and is not profitable and will probably not be profitable for 2 or 3 more years.