C-Rad AB
C-RAD has been chosen by Skandionkliniken
C-Rad AB 29.09.2014 10:15 Dissemination of a Adhoc News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Press release 2014-09-29 C-RAD has been chosen by Skandionkliniken, Uppsala to deliver its surface tracking solutions for Patient Positioning, Motion Monitoring and Respiratory Gating. The tender includes systems for in total four rooms with an option for two more rooms. The competitor has however filed an appeal. The case is pending with the responsible court. The timeframe for a court decision is open. About C-RAD C-RAD develops new and innovative solutions for the use in advanced radiation therapy. The company group of C-RAD offers products and solutions for patient positioning, tumor localization and radiation treatment systems. End users are radiation therapy clinics worldwide. All product development is conducted in three fully owned subsidiaries; C-RAD Positioning AB, C-RAD Imaging AB and C-RAD Innovation AB. All companies are located in Uppsala. Numbers of employees are currently 27 people. The activities in C-RAD AB originate from research and development at the Karolinska Institutet in Solna. Sales of the company's first product, the C-RAD SentinelTM, started in 2007. Cooperation agreements have been signed with the Swedish company Elekta, the US company Varian and the Belgian company IBA. C-RAD is represented by distributors specialized in radiation therapy on major markets. C-RAD has founded three companies for direct sales, C-RAD Incorporated in the US, C-RAD GmbH in Germany and C-RAD WOFE in China. C-RAD has invested in 29 % of the laser company Cyrpa and with an option to acquire the remaining 71 %. C-RAD AB is since March 2010 listed at Nasdaq Omx First North Premier. Erik Penser Bankaktiebolag is appointed as C-RAD's Certified Adviser. For more information on C-RAD, please visit www.c-rad.com. For further information: Tim Thurn, CEO C-RAD AB, Phone +46-18-666947, E-mail investors@c-rad.com The above information is price sensitive and must therefore be disclosed under the Securities Market Act (2077:528). News Source: NASDAQ OMX 29.09.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: C-Rad AB Sweden Phone: Fax: E-mail: Internet: ISIN: SE0002016352 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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