American Shared Hospital Services` 11th Gamma Knife Center Opens At Central Mississippi Medical Center
(Business Wire)...CMMC is American Shared`s second Gamma Knife unit for non-invasive brain surgery procedures to open in 2001.......The Gamma Knife treats certain malignant and benign brain tumors, vascular malformations and trigeminal neuralgia without invasive surgery....- May 03 5:00 AM ET
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Posted on: 05/03/2001
"Yahoo - American Shared Hospital Services' 11th Gamma Knife Center Opens At Central Mississippi Medical Center"
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Thursday May 3, 5:00 am Eastern Time
American Shared Hospital Services' 11th Gamma Knife Center Opens At Central Mississippi Medical Center
SAN FRANCISCO--(BW HealthWire)--May 3, 2001--AMERICAN SHARED
HOSPITAL SERVICES (AMEX:AMS - news; PCX:AMS), the leading provider of Gamma
Knife radiosurgery services, announced today that its 11th Gamma Knife
unit opened and patient treatments began this week at Central
Mississippi Medical Center in Jackson, Miss. ("CMMC"), an affiliate of
Health Management Associates, Inc. (NYSE:HMA - news).
CMMC is American Shared's second Gamma Knife unit for non-invasive
brain surgery procedures to open in 2001. The Company expects to open
an additional unit later this month.
Commenting on the opening, Craig K. Tagawa, chief operating and
financial officer of American Shared, said, "The Gamma Knife team at
CMMC is now using the first Gamma Knife in the State of Mississippi.
We are pleased that American Shared played a role in bringing this
proven technology to a leading regional medical center."
Jay Finnegan, chief executive officer of CMMC, said, "We are very
pleased to offer this technology to Mississippians with brain
abnormalities who were formerly faced with invasive surgery but now
have the option of brain surgery without the knife. Bringing the
state's only Gamma Knife to our facility has involved efforts of many
people and organizations including GK Financing and neurosurgeons from
a number of institutions including the University of Mississippi
About the Gamma Knife
The Gamma Knife is a stereotactic radiosurgical device
manufactured by Elekta AB of Sweden (Stockholm Stock Exchange: ETKA).
The Gamma Knife treats certain malignant and benign brain tumors,
vascular malformations and trigeminal neuralgia without invasive
surgery. It uses three dimensional computer modeling to target a high
dose of radiation at abnormal tissue. More than 150,000 patients
worldwide already have been treated with Gamma Knife units.
About American Shared Hospital Services (www.ashs.com)
American Shared Hospital Services (AMEX,PCX:AMS) is a medical
services company, with interests in radiosurgery services (through its
81% interest in GK Financing LLC) and its program for The Operating
Room for the 21st Century(SM).
In addition to the Company's newest Gamma Knife unit at Central
Mississippi Medical Center in Jackson, Miss., the Company's Gamma
Knife centers are currently in operation at: USCF Medical Center in
San Francisco; Hoag UCI Gamma Knife Center in Newport Beach, Calif.;
Southwest Texas Methodist Hospital in San Antonio, Texas; Yale Gamma
Knife Center in New Haven, Conn.; Kettering Medical Center in
Kettering, Ohio; New England Medical Center in Boston; University of
Arkansas for Medical Sciences in Little Rock, Ark.; Froedtert Memorial
Lutheran Hospital in Milwaukee, Wis.; JFK Medical Center in Edison,
N.J.; and Sunrise Hospital and Medical Center in Las Vegas.
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 business, the risks of the
Internet-based information business, and the risks of developing The
Operating Room for the 21st Century. 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 Annual Report on Form
10-K for the year ended Dec. 31, 2000, and its definitive Proxy
Statement dated April 12, 2001 for the Annual Meeting of Shareholders
to be held on May 17, 2001.
American Shared Hospital Services
Ernest A. Bates, M.D., 415/788-5300
Central Mississippi Medical Center
Julie Grantham, 601/376-1058
VMW Corporate & Investor Relations
Vicki M. Weiner, 212/616-6161 (President)
Sylvia A. Dresner, 212/616-6161 (Senior Vice President)
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