Imatron Announces EBT Scanner Sale to BroMenn Healthcare in Bloomington,
Illinois; Represents Record 9th EBT Scanner Sale in Third Quarter Business Editors & High-Tech/Medical Writers SO. SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Sept. 26, 2000-- Imatron Inc. (Nasdaq:IMAT) announced today that it has sold an Electron Beam Tomography (EBT) scanner to BroMenn Healthcare in Bloomington-Normal, Illinois. This sale will be recorded in the Company's third quarter financial results and represents the ninth EBT scanner sale to date during the quarter. BroMenn Healthcare will offer coronary artery scanning services utilizing Imatron's EBT scanner to McLean and the surrounding Illinois counties. The facility is anticipated to be operational in early November of this year. Shirley Weller, BroMenn Cardiology Services Coordinator, stated, "BroMenn looks forward to enhancing our cardiac health improvement initiatives with the addition of EBT. We will now be able to detect the presence of calcium in the coronary arteries thereby diagnosing the presence and extent of atherosclerosis in an individual patient. This service, when added to the Heart Care First Cardiac Wellness Program and Dr. Dean Ornish Program for Reversing Heart Disease, expands the unique and comprehensive cardiovascular disease diagnosis and prevention resources available for the communities we serve." S. Lewis Meyer, Imatron's CEO, stated, "This sale to BroMenn Healthcare represents another significant and continuing step in the recognition by the healthcare community of the power of Imatron's EBT technology as the cornerstone of programs focused on the prevention of cardiovascular disease. We are now seeing a wide range of heart disease preventative strategies centered around our EBT scanner being implemented all across the country. We are confident that this growing awareness of the efficacy of preventing disease at the earliest, most curable stages rather than waiting for the manifestation of obvious and serious symptoms will continue to build momentum for increasing Imatron's sales revenues and profits. With seven scanner sales in the first quarter, eight in the second, and now nine EBT scanner sales in the third quarter, Imatron's sales are clearly accelerating in response to growing demand for the unique diagnostic information provided by our EBT scanner." For additional information about Imatron, visit the Company's web site at www.imatron.com. Imatron Inc. is primarily engaged in designing, manufacturing, marketing, and supporting high performance electron beam tomography (EBT) scanners based on the Company's proprietary EBT technology. Imatron's EBT scanner is now in use at more than 130 major medical facilities and imaging centers around the world, including the Mayo Clinic, Cedars-Sinai Medical Center, Abbott-Northwestern Hospital, Mount Sinai Medical Center, University of Iowa, National Institutes of Health, UCLA Medical Center, St. Francis Hospital, Stanford University, University of Pittsburgh Medical Center, Edward Cardiovascular Institute, Michigan Heart Imaging, Ohio Heart, University of Illinois, Arizona Heart Institute, Alfried Krupp Krankenhaus, Essen, Landeskrankenhaus in Graz, Austria, Cardiology Research Centre in Moscow, Russia, FAU Erlangen-Nurnberg in Erlangen, Germany, Beijing Hospital in China, HeartScan Imaging, Cooper Clinic, HealthScan of La Jolla, LifeScore of San Diego and HealthScan of Plano (Dallas). Except for the historical information contained herein, the matters discussed in this news release may contain forward-looking statements that are based on current expectations and estimates about the industry in which Imatron operates, the estimated impact of certain technological advances, the estimated impact of published research studies on scanner sales and procedures, as well as management's beliefs and assumptions. It is important to note that the Company's actual results could differ materially from those projected in such forward-looking statements. The factors that could cause actual results to differ materially include, among others; failed clinical demonstration of certain asserted technological advantages and diagnostic capabilities; reliance on product distributors; competition in the diagnostic imaging market; failure to improve product reliability or introduce new product models and enhancements; delays in production and difficulty in obtaining components and sub-assemblies from limited sources of supply; inability to meet cash-on-delivery or prepayment terms from vendors; determinations by regulatory and administrative government authorities; patent expiration and denial of patent applications; the high cost of the scanner as compared to commercially available CT scanners; and the risk factors listed from time to time in the Company's Securities and Exchange Commission reports, including their reports of Form 10-K for their current fiscal year. --30--lr/sf* mc/sf CONTACT: Imatron, Inc., So. San Francisco S. Lewis Meyer, 650/583-9964 (CEO) Robin Kelley, 650/583-9964 (Investor Relations) KEYWORD: CALIFORNIA ILLINOIS INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS MEDICAL MEDICAL DEVICES HARDWARE PRODUCT MARKETING AGREEMENTS Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com
Sep-26-2000 12:36 GMT Symbols: US;IMAT CA;IMAT Source BW Business Wire |