PREMIER HEALTHCARE ALLIANCE HONORS SIEMENS HEALTHCARE DIAGNOSTICS FOR EXCELLENCE IN SUPPLIER PERFORMANCE

MALVERN, Pa., June 23, 2008 - The Premier healthcare alliance Purchasing Partners division recently announced that Siemens Healthcare Diagnostics (www.siemens.com/diagnostics) was one of 15 winners chosen for the Pinnacle Award out of more than 800 eligible suppliers, representing the top two percent of healthcare equipment suppliers. The award recognizes suppliers whose performance exceeds the expectations of Premier and its members as they carry out their missions of meeting the healthcare needs of communities they serve. This is the third consecutive year Siemens Healthcare Diagnostics has been selected for this award.

“Through our relationship with Premier and their alliance members, we are able to bring new technology to hundreds of laboratories and make an impact in the care they provide patients,” said Donal Quinn, chief executive officer, Siemens Healthcare Diagnostics. “We are honored to receive this prestigious award and we look forward to continuing to build our relationship with Premier and their members.”

“Premier’s Pinnacle Award honors top performing suppliers such as Siemens that understand the importance of collaboration and striving for performance excellence,” said Premier Purchasing Partners President Mike Alkire. “We’re happy to honor these companies as we work together to improve healthcare in our communities.”

Based on performance data collected during the year and shared with contracted suppliers through Premier’s supplier quality and business line review process, the annual awards are designed to align contracted supplier performance to meet or exceed Premier’s and its members’ expectations on a consistent basis.

Siemens provides Premier’s members with a complete line of products: immunoassay, chemistry, automation, coagulation, microbiology, cardiac, drug, molecular, blood gas and urinalysis solutions.

“LabCorp is excited about this strategic collaboration and its impact on our companion diagnostics efforts,” said Myla P. Lai-Goldman, M.D., executive vice president, chief scientific officer and medical director for LabCorp. “Alliances, such as this between developers and providers of new tests, are critical in translating emerging biomarkers from research into clinical practice.”

About Premier Inc., 2006 Malcolm Baldrige National Quality Award recipient
Serving more than 2,000 U.S. hospitals and 50,000 other healthcare sites, the Premier healthcare alliance and its members are transforming healthcare together. Owned by not-for-profit hospitals, Premier operates one of the leading healthcare purchasing networks and the nation's most comprehensive repository of hospital clinical and financial information. A subsidiary operates one of the nation's largest policy-holder owned, hospital professional liability risk-retention groups. A world leader in helping healthcare providers deliver dramatic improvements in care, Premier is working with the United Kingdom's National Health Service North West and the Centers for Medicare & Medicaid Services to improve hospital performance. Headquartered in San Diego, Premier has offices in Charlotte, N.C., Philadelphia and Washington. For more information, visit www.premierinc.com For more information, please visit: www.premierinc.com/about/news/awards/index.jsp.

About Siemens Healthcare
Siemens Healthcare is one of the world’s largest suppliers to the healthcare industry. The company is a renowned medical solutions provider with core competence and innovative strength in diagnostic and therapeutic technologies as well as in knowledge engineering, including information technology and system integration. With its laboratory diagnostics acquisitions, Siemens Healthcare is the first fully integrated diagnostics company, bringing together imaging and lab diagnostics, therapy, and healthcare information technology solutions, supplemented by consulting and support services. Siemens Healthcare delivers solutions across the entire continuum of care – from prevention and early detection, to diagnosis, therapy and care. Additionally, Siemens is the global market leader in innovative hearing instruments. The company employs more than 49,000 people worldwide and operates in 130 countries. In the fiscal year 2007 (Sept. 30), Siemens Healthcare reported sales of €9.85 billion, orders of €10.27 billion, and group profit of €1.32 billion. Further information can be found by visiting http://www.siemens.com/healthcare.