MBPT Appoints a New Chief Financial Officer and a
Director of Corporate Development
SAN DIEGO--(BW HealthWire)--April 8, 1999--Mobile P.E.T. Systems Inc.
(OTCBB:MBPT - news), the first company to provide mobile Positron Emission Tomography (P.E.T.), is pleased to announce the appointment of Thomas G. Brown as the company's new chief financial
officer.
Brown is a graduate of the University of Southern California, with a BS degree in Business Administration and an MBA, and is a Chartered Financial Analyst (CFA). Brown is a member of the Institute of Chartered Financial Analysts, the Orange County Society of Institutional Managers, and the Association for Corporate Growth.
About Thomas G. Brown
Brown has more than 30 years of experience in the analysis, structuring, investing and procurement of capital for private and
public companies. During the past several years, he has concentrated on sourcing capital for leveraged transactions and growth
capital for private and public companies.
New Director of Corporate Development
MBPT also announced that Leonard MacMillan has joined the MBPT team as Director of Corporate Development. MacMillan will ensure steady, personal communication between the company's senior management and key industry contacts such as analysts, brokers, fund managers, plus institutional and private investors.
About Leonard MacMillan
MacMillan will be closely involved with the company's CEO and CFO, using his 25 years of experience marketing public companies effectively and efficiently worldwide. MacMillan brings to MBPT a commitment to creating a broad-based support from the financial and investment communities, and ensuring that shareholders and potential investors have access to timely informational in a friendly, professional manner.
About MBPT
MBPT provides hospitals with access to state-of-the-art P.E.T. imaging equipment and the trained technician to provide diagnostic P.E.T. services -- integrated into a specially designed mobile coach. The company's contract arrangement safeguards hospitals from financial exposure and technological obsolescence.
Over 70-percent of all insurance companies pay for P.E.T. Last month, Medicare expanded reimbursement to include P.E.T. scanning in the diagnosis and management of some of the most common cancers. This expanded reimbursement, coupled with the rapid expansion of mobile P.E.T. services through MBPT, will increase access for thousands of patients.
About P.E.T.
P.E.T. is an advanced imaging technique that assists in the diagnosis and management of numerous diseases. P.E.T. allows the physician to examine the whole patient at once, by producing images of the body based on functional rather than anatomic characteristics. These images show body metabolism and other functions rather than simply the gross anatomy and structure revealed by conventional x-rays, CT or MRI scans.
Whole-body P.E.T. imaging uncovers abnormalities that might otherwise go undetected. Physicians may then apply the most appropriate treatment for the detected disease. For example, P.E.T. can detect tumors unseen by other imaging techniques, or detect Alzheimer's Disease one to two years before the diagnosis would be made clinically.
The unique ''shared service'' provided by MBPT allows hospitals the ability to offer P.E.T. imaging services to their own communities through their own medical staffs, and in a cost-effective manner. Patients who once had to travel hundreds of miles for a P.E.T. scan can now be studied at their local hospital. To learn more about MBPT, visit our Web site at
www.mobilepet.com.
Certain information included in this communication (as well as information included in oral statements or other written
statements made or to be made by Mobile P.E.T. Systems Inc.) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the health-care industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. These forward statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated.
Contact:
Mobile P.E.T. Systems Inc.
Leonard MacMillan, 619/226-6738
admin@mobilepet.com |
