Healthcare Industry News: TomoTherapy
News Release - July 17, 2007
21st Century Oncology to Acquire Six TomoTherapy(R) Hi-Art(R) Treatment SystemsMADISON, Wis.--(HSMN NewsFeed)--TomoTherapy (NASDAQ: TTPY ) today announced that 21st Century Oncology, which operates the largest network of free-standing radiation oncology centers in the world, has placed an order for six TomoTherapy® Hi-Art® treatment systems. The units are scheduled for future installation in Florida and California, and possibly other locations.
The agreement with 21st Century reflects the healthcare industry's growing desire for the Hi-Art system's advanced image-guided, intensity-modulated radiation therapy (IG/IMRT) capabilities. TomoTherapy currently has more than 125 units installed in treatment centers worldwide.
"We are very pleased to begin a relationship with 21st Century Oncology," noted Fred Robertson, MD, CEO for TomoTherapy. "As a leader in the industry, 21st Century has a strong reputation for delivering quality patient care. The Hi-Art treatment system's sophisticated technology allows for greater accuracy and precision in radiation therapy, and the systems to be installed at the 21st Century Centers will expand our reach for providing advanced, CT-guided radiation plans and treatment for patients across the United States."
21st Century Oncology Centers maintain a high standard of quality patient care and service, offering a full spectrum of advanced treatments with staff that are nationally recognized for excellence and leadership in the field of radiation oncology.
Said Beth Klein, VP of Global Sales for TomoTherapy, "21st Century's selection of TomoTherapy as a partner for growth in their strategic markets aligns with our vision for making TomoTherapy's advanced technology accessible to patients everywhere."
About TomoTherapy Incorporated
TomoTherapy Incorporated has developed, manufactures and sells the TomoTherapy® Hi-Art® treatment system, an advanced radiation therapy system for the treatment of a wide variety of cancers. The Hi-Art treatment system combines integrated CT imaging with conformal radiation therapy to deliver sophisticated radiation treatments with speed and precision while reducing radiation exposure to surrounding healthy tissue. The company completed its initial public offering in May 2007 and its stock is traded on the NASDAQ Global Market under the symbol TTPY. To learn more about TomoTherapy, please visit our Web site at www.TomoTherapy.com.
About 21st Century Oncology
Radiation Therapy Services, Inc., which operates radiation treatment centers primarily under the name 21st Century Oncology, is a provider of radiation therapy services to cancer patients. The Company's 80 treatment centers are clustered into 25 local markets in 16 states, including Alabama, Arizona, California, Delaware, Florida, Kentucky, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island and West Virginia. The Company is headquartered in Fort Myers, Florida.
©2007 TomoTherapy Incorporated. All rights reserved. TomoTherapy, the TomoTherapy logo and Hi-Art are among trademarks, service marks or registered trademarks of TomoTherapy Incorporated.
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