For more information
Ernest A. Bates, M.D., Chairman and CEO
San Francisco, CA – April 7, 2016 -- AMERICAN SHARED HOSPITAL SERVICES (NYSE MKT:AMS),a leading provider of turnkey technology solutions for advanced radiosurgical and radiation therapy services, announced today that physicians have begun treating patients with the MEVION S250 proton therapy system AMS supplied to The Marjorie and Leonard Williams Center for Proton Therapy at UF Health Cancer Center-Orlando Health in Florida.
AMS Chairman and Chief Executive Officer Ernest A. Bates, M.D., said, "This first proton treatment at The Marjorie and Leonard Williams Center for Proton Therapy at UF Health Cancer Center-Orlando Health is the culmination of years of hard work and dedication by all of us at AMS to make our first proton center a reality. We congratulate the proton therapy team at UF Health Cancer Center-Orlando Health on achieving this milestone.
"Proton therapy is an external-beam radiation therapy technique similar to conventional high energy X-rays. The difference is that protons are heavy charged particles that deposit radiation in a targeted manner--when they reach a specific depth, protons deposit their energy and then stop, leaving virtually no energy beyond that depth. The depth is precisely controlled by changing the energy of the protons, thus allowing physicians to precisely tailor the proton dose to the specific depth and shape of the tumor, and thereby greatly reducing the dose to surrounding healthy tissue. Only 21 proton centers are in operation in the U.S. today. But with the increasing awareness among physicians and patients of proton therapy's advantages in the treatment of certain cancers, we at AMS look forward to developing many additional proton centers at hospitals around the country in the years to come."
The Marjorie and Leonard Williams Center for Proton Therapy is housed in a new, 15,000 square foot facility consisting of three floors--two above ground and one underground--to accommodate the MEVION S250 superconducting synchrocyclotron proton accelerator.
About Orlando Health
Orlando Health is a $2.3 billion not-for-profit health care organization and a community-based network of physician practices, hospitals, and outpatient care centers throughout Central Florida. The organization is home to the area’s only Level One Trauma Centers for adults and pediatrics and is a statutory teaching hospital system that offers both specialty and community hospitals. More than 2,000 physicians have privileges at Orlando Health, which is also one of the area’s largest employers with more than 15,000 employees who serve nearly 2 million Central Florida residents and more than 4,500 international patients annually. Additionally, Orlando Health provides more than $235 million in support of community health needs. More information can be found at www.orlandohealth.com.
American Shared Hospital Services provides turnkey technology solutions for advanced radiosurgical and radiation therapy services. AMS is the world leader in providing Gamma Knife radiosurgery equipment, a non-invasive treatment for malignant and benign brain tumors, vascular malformations and trigeminal neuralgia (facial pain). The Company also offers proton therapy, the latest IGRT and IMRT systems, as well as its proprietary Operating Room for the 21st CenturySM concept. AMS owns a common stock investment in Mevion Medical Systems, Inc., developer of the compact MEVION S250TM Proton Therapy System.
Safe Harbor Statement
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, the risks of investing in Mevion Medical Systems, Inc., and the risks of the timing, financing, and operations of the Company’s proton therapy business. 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 quarterly reports on Form 10-Q for the three months ended March 31, 2015, June 30, 2015, and September 30, 2015, its Annual Report on Form 10-K for the year ended December 31, 2015, and the definitive Proxy Statement for the Annual Meeting of Shareholders held on June 16, 2015.