Merge Healthcare Completes Exchange Offer of Senior Secured Notes

CHICAGO–(BUSINESS WIRE)– Merge Healthcare (NASDAQ: MRGE) (“Merge”), a leading provider of enterprise imaging and interoperability solutions, announced today that it has completed the exchange offer of its 11.75% Senior Secured Notes due 2015 (the “Old Notes”).

The Old Notes were issued in a private placement in June 2011 to finance Merge’s redemption of the Series A Preferred Stock issued by Merge in connection with its acquisition of AMICAS, Inc. (now Merge Healthcare Solutions Inc.) in April 2010. As a result of the exchange offer, the Old Notes were replaced with newly issued 11.75% Senior Secured Notes due 2015 (the “Exchange Notes”), which are identical to the Old Notes except that they are registered under the Securities Act of 1933, as amended (the “Act”).

Merge was obligated to conduct the exchange offer under the terms of the registration rights agreement entered into in connection with the issuance of the Old Notes, which gave holders of the Old Notes the right to force Merge to register the Old Notes for public resale under the Act. Merge did not receive any proceeds from the exchange offer.

The exchange agent for the exchange offer was The Bank of New York Mellon Trust Company, N.A.

This press release shall not constitute an offer to exchange, nor a solicitation of an offer to exchange, the Old Notes.

About Merge Healthcare

Merge Healthcare is a leading provider of enterprise imaging and interoperability solutions, with a client base consisting of more than 1,500 hospitals and 6,000 clinics across the country. Merge solutions facilitate the sharing of images to create a more effective and efficient electronic healthcare experience for patients and physicians. Merge provides enterprise imaging solutions for radiology, cardiology, orthopaedics and eye care; a suite of products for clinical trials; software for financial and pre-surgical management, and applications that fuel the largest modality vendors in the world. Merge’s products have been used by healthcare providers, vendors and researchers worldwide to improve patient care for more than 20 years. Additional information can be found at