American Shared Hospital Services Announces Contract into Supply Gamma Knife Services at Lima, PeruBusiness Wire #Gamma_KnifeNovember 9, 2019
SAN FRANCISCO–( BUSINESS WIRE )– AMERICAN SHARED HOSPITAL SERVICES (NYSE AMEX:AMS) , a leading
provider of turnkey technology solutions for advanced radiosurgical and
radiation therapy services, announced today that it has entered into a
six-year contract with the Peruvian Air Force (“FAP”) to supply Gamma
Knife® services at Hospital Central FAP in Lima, Peru.
This Gamma Knife,
the first to be placed into service in Peru and only the third in South
America, is expected to begin treating patients by the fourth quarter of
AMS Chairman and Chief Executive Officer Ernest A. Bates, M.D., said,
“Cancer knows no geographic or social boundaries.
We are proud that AMS’ creative
financing solutions will make it possible for us to bring the benefits
of the Gamma Knife to cancer patients in this vast and populous region.
This is an exciting time for AMS as we sign our first international
We believe our international expansion will eventually
exceed our domestic growth.”
About the Gamma Knife®
Gamma Knife® surgery, sometimes referred to as stereotactic
radiosurgery, is a non-invasive method for treating brain disorders with
a single, high dose of radiation to a small and critically located
intra-cranial volume through the intact skull.
Today, Gamma Knife surgery is performed in
hundreds of leading hospitals and clinics around the world.
This press release may be deemed to contain certain forward-looking
statements with respect to the financial condition, results of
operations and future plans of American Shared Hospital Services, which
involve risks and uncertainties including, but not limited to, the risks
of the Gamma Knife and radiation therapy businesses, the risks of
developing The Operating Room for the 21st Century program, and the
risks of investing in a development-stage company, Still River Systems,
Inc., without a proven product.Further information on potential
factors that could affect the financial condition, results of operations
and future plans of American Shared Hospital Services is included in the
filings of the Company with the Securities and Exchange Commission,
including the Company’s Annual Report on Form 10-K for the year ended
December 31, 2008, the Quarterly Report on Form 10-Q for the quarters
ended March 31, 2009, June 30, 2009 and September 30, 2009, and the
definitive Proxy Statement for the Annual Meeting of Shareholders held
on May 28, 2009.
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