Advanced Mammography Systems to install Aurora Breast Imaging at Boston's Faulkner Hospital.WILMINGTON, MASS.--(BUSINESS WIRE)--Oct.3, 1996--Advanced Mammography mammography, diagnostic procedure that uses low-dose X rays to detect abnormalities in the breasts. The early diagnosis of breast cancer made possible by the routine use of mammography for screening women increases a woman's treatment alternatives and improves her Systems Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : MAMO) announced today that pursuant to an agreement between Advanced NMR NMR: see magnetic resonance. Systems' imaging subsidiary and Faulkner Hospital Faulkner Hospital (founded in 1900) is a 150 bed teaching hospital located in Boston, Massachusetts. It is located in the neighborhood of Jamaica Plain across the street from the Arnold Arboretum and just 3.4 miles from Longwood Medical and Academic Area. that it will install its Aurora Breast Imaging Systems at the world renowned Faulkner-Sagoff Centre for Breast Health Care. Advanced NMR Systems' subsidiary which acquired the Aurora system from Advanced Mammography Systems Inc. will own and operate this Breast Imaging Center where the system will be used for clinical diagnosis of breast disease. The system is available at a list price of approximately $500,000. The Aurora is the only commercially dedicated Breast Imaging system based on magnentic resonance imaging (MRI 1. (application) MRI - Magnetic Resonance Imaging. 2. MRI - Measurement Requirements and Interface. ) technology. It was designed to deliver the specific soft tissue definition of MRI at significantly lower cost compared with whole body MR scanners, making the technology accessible to the broadest patient population possible. Additionally, the system is designed for push button use, low cost siting and operation and reduced maintenance expense to make it affordable to mammography practices where it will have the highest utilization. Commenting on the installation, Dr. Norman L. Sadowsky, Director, Faulkner-Sagoff Centre for Breast Health Care stated, "We're looking forward to working with the Aurora. We hope that it will make a valuable contribution to our ability to diagnose early breast cancer and to evaluate people with known breast cancer for the extent of disease in both breasts. I believe it will have a positive impact in women with very dense breasts in whom mammography is less sensitive and in women who are at high risk of developing breast cancer. The Aurora will also help us in following women post lumpectomy Lumpectomy Definition A lumpectomy is a type of surgery used to treat breast cancer. It is considered "breast-conserving" surgery because in a lumpectomy, only the malignant tumor and a surrounding margin of normal breast tissue are and radiation for detection of possible recurrence. It will also prove to be invaluable in evaluating patients with silicone implants to diagnose intracapsular rupture." Jack Nelson, chairman and chief executive officer, commented on today's announcement, "We expect the use of Aurora(TM) at the Faulkner Centre to generate significant evidence of the clinical effectiveness of the system over the next twelve to eighteen months. In combination with our system installed at the University of Texas Medical School in Galveston, Texas
This release contains forward-looking information, including forward-looking statements regarding (i) the positive impact that the Aurora(TM) may have in (a) diagnosing breast disease in women with dense breasts (b) detecting recurrence post lumpectomy and (c) evaluating patients with silicone implants for intracapsular rupture and (ii) the expectation of processing sufficient patients at the Faulkner Centre over the next twelve to eighteen months. These forward-looking statements are based upon current expectations that include a number of risks and uncertainties. These important factors that could cause actual results to differ materially from the forward-looking statements include delays in product development, lack of market acceptance of technology, technological innovations of competitors and changes in health care regulations, including reimbursement programs. Advanced Mammography Systems Inc., a majority-owned subsidiary majority-owned subsidiary A firm in which more than 50% of outstanding voting stock is owned by the parent company. of Advanced NMR Systems Inc., (NASDAQ: ANMR ANMR Acoustic Nuclear Magnetic Resonance ) has developed the only Breast Imaging system based on magnetic imaging technology. The company commenced commercial marketing activities for the system following clearance of the product by the FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. in February 1996. CONTACT: Advanced NMR Beverly Tkaczenko, 1-800-476-0569 |
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