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Varian Medical Systems to Distribute Neutron Generators from AccSys Technology for Non-Destructive Testing
Palo Alto, CA - April 28, 2000
Global distribution agreement foresees role for AccSys
Technology's LANSAR® neutron generators
in cargo inspection systems
Varian Medical Systems, Inc. (NYSE:VAR) and AccSys Technology, Inc. of Pleasanton,
Calif., today announced an agreement in which Varian will globally distribute the
AccSys Technology's LANSAR® line of neutron generators for non-destructive testing
and cargo inspection. Financial terms of the agreement were not disclosed.
Varian, which is well known as the world's leading producer of linear
accelerators for treating cancer with radiotherapy and is also the market leader
for the supply of high energy x-ray devices for non-destructive testing and
cargo inspection. Varian will market the LANSAR® line from AccSys Technology for
non-destructive testing applications, including neutron radiography, nuclear
waste assay and on-line mineral analysis. In addition, both companies see
potential applications for this technology in cargo inspection.
"The LANSAR® line is a welcome addition to Linatron® and PaxScan products that
we make available for non-destructive testing and cargo inspection," said James
Johnson, Managing Director of Varian Medical Systems' Industrial Products Group.
"We believe LANSAR® represents the most advanced technology available to the
market today and neutron generators will play an important role in cargo
scanning systems."
"This agreement with an established world leader like Varian will make our
neutron generation technology available to the market more rapidly," said Dr.
Robert W. Hamm, President and CEO of AccSys Technology, Inc.
The LANSAR® neutron generators are based on accelerator technology developed
by AccSys founders Drs. Robert W. and Marianne E. Hamm in conjunction with
scientists from the Los Alamos National Laboratory. These accelerators generate
neutrons by bombarding beryllium targets with either protons or deuterons.
LANSAR® units are available with energies ranging from 0.5 MV to 11 MV.
AccSys Technology, of Pleasanton, California, is the world's leading
commercial producer of rf ion linacs. The Company was founded in 1985 to
commercialize advanced radiofrequency (rf) ion linac technology for applications
in medicine, industry and research, with emphasis on developing an innovative
system for producing the short-lived radiotracers used in medical positron
imaging. AccSys has produced and installed 19 rf ion linac systems worldwide
since 1987.
Varian Medical Systems, Inc. (NYSE:VAR) of Palo Alto, California is
the world's leading manufacturer of integrated cancer therapy systems, which are
treating thousands of patients per day. The company is also a premier supplier
of X-ray tubes and flat-panel digital subsystems for imaging in medical,
scientific, and industrial applications. Varian Medical Systems employs
approximately 2,300 people who are located at manufacturing sites in North
America and Europe and in its 40 sales and support offices around the world. In
its most recent fiscal year ended October 1, 1999, Varian Medical Systems
reported sales of $590 million. Additional information is available on the
company's investor relations web site at
www.varian.com
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