SAN FRANCISCO -- 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 contract to supply a Gamma Knife® Perfexion™ system to St. Vincent's Medical Center in Jacksonville, Florida. The Perfexion system will be an upgrade to an existing Gamma Knife supplied by AMS to another hospital in the area that comes off lease at the end of this month. Pending regulatory approval, patient treatments on this Perfexion system are expected to begin in the fourth quarter.
AMS Chairman and Chief Executive Officer Ernest A. Bates, M.D., said, "We are pleased that St. Vincent's is the eleventh cancer center to take advantage of AMS' creative financing solutions to upgrade to next-generation radiosurgery technology at an affordable price."Curis Cautionary Statement: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation statements regarding the potential benefit of CUDC-101 in treating locally advanced head and neck cancers and other cancers, Curis’ plans and expectations for the continued development of CUDC-101, including with respect to future studies in head and neck cancer, and the potential of CUDC-101 to effectively and therapeutically attack and disrupt cancer pathway networks . Forward-looking statements used in this press release may contain the words "believes", "expects", "anticipates", "plans", "seeks", "estimates", "assumes", "will", "may," “could” or similar expressions. These forward-looking statements are not guarantees of future performance and involve risks, uncertainties, assumptions and other important factors that may cause actual results to be materially different from those indicated by such forward-looking statements including, among other things:"For over 50 years, St. Vincent’s Medical Center has been recognized by the American College of Surgeons Commission on Cancer as a comprehensive community hospital program. Our mission calls us to serve those in need by providing for the mind, body, and spirit. We do this in many ways– through the compassionate care provided by our physicians, through the care provided by staff working in the different cancer areas within the hospital and through support services both within our hospital system and within the community. State-of-the-art therapeutic technologies are critical to achieving our mission. This new Perfexion system, widely regarded as the most advanced stereotactic radiosurgery system available today, refines and expands the therapeutic potential for radiosurgery procedures in the brain, cervical spine and head and neck regions. We are proud to provide this state-of-the-art technology to better serve our cancer patients," said David Meyer, System Vice President of Strategic Planning & Marketing of St. Vincent’s HealthCare.Curis is a drug development company that is committed to leveraging its innovative signaling pathway drug technologies to seek to create new targeted small molecule drug candidates for cancer. Curis is building upon its previous experiences in targeting signaling pathways, including in the Hedgehog pathway, in its effort to develop proprietary targeted cancer programs. For more information, visit Curis' website at www.curis.com.If you are looking for heaters for the home then you can�t go wrong with dimplex heaters. There are a range of heaters to choose from including storage heaters, panel heaters, tubular heaters and more. Visit your nearest electrical wholesaler to find a good selection of heaters to choose from and start saving money on your heating bills and fuel costs today.Dimplex storage heaters take up very little room, they are 100% efficient and require no flue which means they aren�t regulated by building guidelines and limitations. They can be used alone or as part of a larger heating system and are absolutely maintenance free. They will go on for years without needing any attention or work doing to them. Because they provide continuous heat during the day they heat the home brilliantly. They maintain a constant temperature and are �charged up� during the night when electricity is much cheaper.The first patient was treated at the University of Colorado Cancer Center under the care of Antonio Jimeno, M.D., Ph.D. “We are excited to participate in this trial, which primarily aims to establish the optimal combination dose of CUDC-101 when combined with current standard of care radiation and cisplatin as well as to build on Curis’ previous clinical observations in which signs of biological activity were observed with single-agent CUDC-101 in advanced head and neck cancer patients," commented Dr. Jimeno. "We believe that CUDC-101 is a potentially promising drug candidate in the head and neck cancer setting and we look forward to exploring the potential of CUDC-101 in combination with radiation and cisplatin in this study.”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, 2010, the Quarterly Report on Form 10-Q for the quarters ended March 31, 2011 and June 30, 2011, and the definitive Proxy Statement for the Annual Meeting of Shareholders held on June 9, 2011.
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, 2010, the Quarterly Report on Form 10-Q for the quarters ended March 31, 2011 and June 30, 2011, and the definitive Proxy Statement for the Annual Meeting of Shareholders held on June 9, 2011.
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