VISICU Inc., (NASDAQ: EICU), a healthcare information technology and clinical solutions company focused on critical care, announced today that it has been named Innovator of the Year by the steering committee of the Innovation 2007 conference for chief executive officers. The announcement was made during the seventh annual Innovation conference last week in Carlsbad California, which is hosted by McKinsey & Company, New England Healthcare Institute and Versant Ventures. The Innovation conference is an invitation-only forum of executive level peers exploring issues critical to healthcare services and healthcare information technology (HCIT) industry segments. "There were several outstanding companies that met our award criteria,� said Barbara N. Lubash, managing director of Versant Ventures and founder of the Innovation Conference series. �VISICU exceeded the Innovator of the Year standards for financial success, marketplace acceptance, and value to customers and patients because their product has potential to save many lives each year." A panel of distinguished experts from McKinsey & Company, New England Healthcare Institute and Versant Ventures nominated three companies for the Innovation 2007 Steering Committee to vote on. VISICU was selected as winner by a Steering Committee made up of 12 industry-leading healthcare organizations consisting of prominent executives from companies such as Eli Lilly and Company, WellPoint Inc, Massachusetts General Physicians Organization, UCSF Medical Center, UnitedHealthcare and California Healthcare Foundation. �Creating new healthcare information systems and service companies is the "extreme sport" of the health care business world,� said Lubash. �Few companies in this category achieve the revenue growth and profitability required for an IPO. We wanted to acknowledge outstanding achievement by venture-capital-backed healthcare entrepreneurial companies like VISICU.� �VISICU is honored to receive this award from such a well-respected panel and proud of the impact that our unique eICU solution has on critical care,� said Frank T. Sample, Chairman and CEO of VISICU. �The fact that the award was just initiated this year and VISICU is the first winner acknowledges the success of our mission of improving patient outcomes.� About VISICU VISICU, Inc. is a healthcare information technology and clinical solutions company transforming the delivery of critical care through its eICU� Program. The eICU Program restructures the practice of critical care by using remote monitoring technology to allow healthcare systems to centralize scarce critical care trained staff to improve coverage and to allow intervention to prevent or manage crises. For more information, visit www.VISICU.com. VISICU� and eICU� are registered trademarks of VISICU, Inc. All rights reserved. visicu-g
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