Healthcare Industry News:  proton 

Devices Radiology

 News Release - June 11, 2008

Varian Medical Systems Announces X-Ray Products Contract With Toshiba Medical Systems

PALO ALTO, Calif., June 11 (HSMN NewsFeed) -- Varian Medical Systems (NYSE: VAR ) today announced the execution of a three year, $320 million contract for Varian to supply medical imaging subcomponents to Toshiba for integration into diagnostic imaging equipment for the global market. Orders will be booked over the period of the agreement.

"This contract marks the latest chapter in our 30-year relationship with Toshiba Medical Systems," said Robert Kluge, corporate senior vice president at Varian. "Over the years, our two companies have developed a close cooperation at all levels of the business. We have complementary design engineering and manufacturing capabilities, and work together well to realize new products and improve existing ones."

ABOUT VARIAN MEDICAL SYSTEMS

Varian Medical Systems, Inc., of Palo Alto, California, is the world's leading manufacturer of medical devices and software for treating cancer and other medical conditions with radiotherapy, radiosurgery, proton therapy, and brachytherapy. Varian is also a premier supplier of tubes and digital detectors for X-ray imaging in medical, scientific, and industrial applications. Varian Medical Systems employs approximately 4,600 people who are located at manufacturing sites in North America and Europe and in its 60 sales and support offices around the world. For more information, visit http://www.varian.com.


Source: Varian Medical Systems

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