(Aktietorget: CRAD B)
EXTON PA, SAN DIEGO, CA and UPPSALA, SWEDEN - Sept 19th, 2008 - Acceletronics, Inc., A U.S. provider of oncology equipment service and distributor of new and pre-owned radiotherapy equipment, and Radiology Oncology Systems, Inc. (ROS), an oncology and diagnostic imaging equipment sales firm, today both announced that they have signed an exclusive distribution agreement with C-RAD Positioning AB (C-RAD), based in UPPSALA, SWEDEN.The C-Rad Sentinel® is a new, advanced and innovative device for surface contour localization and monitoring of the patient in the radiotherapy treatment process. It will be on exhibit at the 50th anniversary of ASTRO this year in Boston.
"As part of our intensified and increased marketing activities in the USA, C-Rad has signed an exclusive distribution agreement with Acceletronics for our new Sentinel system," said Mrs. Cristina Svensson, CEO, C-Rad Positioning AB." The C-RAD Sentinel is designed to provide a high level of ease of use combined with improved accuracy over conventional laser systems. The Sentinel system does not require any markers to be placed on the patient or the couch, and does not subject the patient to any additional radiation." She added,
"The feedback we have received from our customers has been very positive, and we are confident that the Sentinel product will be a valuable addition to any radiation therapy department. We look forward to showcasing our products at ASTRO's 50th anniversary in Boston."
"We are very pleased to announce our new relationship with C-Rad", said Steve Schwarz, CEO, Acceletronics, Inc. "Our team of technical support specialists is ready to provide the installation, training and support for the Sentinel, a new, innovative patient positioning system that we believe significantly enhances patient care. We look forward to working with C-Rad and ROS to distribute this new technology to the radiotherapy community."
John Vano, President of ROS, commented, "We are excited to work with C-Rad Positioning AB and Acceletronics, Inc. in the distribution of the Sentinel product line." "Patient set-up and localization is very important in terms of patient comfort, accuracy and throughput. We believe the Sentinel line will add significant advancement to the treatment process and we are eager to present this to our customers."
ROS and Acceletronics are engaged in a strategic alliance that offers manufacturers of radiation therapy equipment such as C-RAD a complete product distribution and service solution. The alliance provides sales, installation, service support, parts support and warranty support for products sold in the U.S. and in select international markets. It also offers an extensive line of pre-owned and refurbished IMRT and IGRT-equipped linear accelerators, Cat Scanners, MRI Scanners and other diagnostic imaging equipment.
About Acceletronics, Inc.
Acceletronics specializes in the repair, refurbishing, remarketing and installation of linear accelerators, CT simulators and other oncology and medical imaging equipment. Acceletronics is a distributor and service provider of high quality, high technology after-market products used to improve quality of cancer patient care and is the exclusive North American distributor of the TheraView portal imaging system for IGRT. Founded in 1981, Acceletronics, Inc. is one of the world's largest and leading independent radiotherapy equipment service, distribution and refurbished equipment organizations. Acceletronics is the only independent linear accelerator service company registered to ISO 9001:2000 quality system standards. For more information, visit http://www.acceletronics.com
About Radiology Oncology Systems, Inc. (ROS)
Radiology Oncology Systems, Inc. (ROS) is a radiation therapy and diagnostic imaging product sales organization headquartered in San Diego, California. ROS provides both new and pre-owned equipment solutions to clients worldwide. Its products include Linear Accelerators and related accessories, CT Simulators, conventional simulators, HDR, superficial units and MRI. ROS will be exhibiting at ASTRO in Boston Sep. 21-25. For more information, visit http://www.oncologysystems.com
About C-RAD AB
C-RAD develops new and innovative solutions for the use in advanced radiation therapy. The company group of C-RAD offers products and solutions for patient positioning, tumor localization and radiation treatment systems. End users are radiation therapy clinics worldwide. All product development is conducted in three fully owned subsidiaries; C-RAD Positioning AB, C-RAD Imaging AB and C-RAD Innovation AB. C-RAD Imaging AB is located in Östersund while the other companies are located in Uppsala. Numbers of employees are currently 19 people. The activities in C-RAD AB originate in research and development at the Karolinska Institutet in Solna and the The Royal Institute of Technology in Stockholm. Sales of the company's first product, the C-RAD SentinelTM, started during autumn 2006. A co-operation agreement has been signed with the German company LAP. Distribution agreements have also been established for USA, Japan, Korea, China and Italy. C-RAD AB is a listed company on Aktietorget since 23 July 2007. For more information, visit www.c-rad.se
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For further information:
C, Svensson, CEO C-RAD Positioning AB, Phone +46 18 66 69 30, firstname.lastname@example.org
J. Vano, President, Radiology Oncology Systems, Inc. Phone +1 858 454 8100, email@example.com
S. Schwarz, CEO, Acceletronics, Inc. Phone +1 610 524 3300, firstname.lastname@example.org