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American Shared Hospital Services' 11th Gamma Knife Center Opens At Central Mississippi Medical Center.


Business Editors & Health/Medical Writers

SAN FRANCISCO--(BW HealthWire)--May 3, 2001

AMERICAN SHARED HOSPITAL SERVICES (AMEX AMEX

See: American Stock Exchange
:AMS AMS - Andrew Message System )(PCX (1) A bitmapped graphics file format that handles monochrome, 2-bit, 4-bit, 8-bit and 24-bit color and uses RLE to achieve compression ratios of approximately 1.1:1 to 1.5:1. Images with large blocks of solid colors compress best under the RLE method. See PC Paintbrush. :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 NYSE

See: New York Stock Exchange
:HMA).

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 Medical Center University of Mississippi Medical Center (UMC) is the health sciences campus of the University of Mississippi (Ole Miss). Located in Jackson, Mississippi (USA), it houses the Schools of Medicine, Dentistry, Nursing, Health Related Professions, and Graduate Studies in the Health ."

About the Gamma Knife

The Gamma Knife is a stereotactic stereotactic /ster·eo·tac·tic/ (-tak´tik)
1. characterized by precise positioning in space; said especially of discrete areas of the brain that control specific functions.

2. pertaining to stereotactic surgery.
 radiosurgical device manufactured by Elekta AB of Sweden (Stockholm Stock Exchange The Stockholm Stock Exchange (Swedish: Stockholmsbörsen) is a stock exchange located in Stockholm, Sweden. Founded in 1863 [1] it is the primary securities exchange of the Nordic Countries. : 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 “San Antonio” redirects here. For other uses, see San Antonio (disambiguation).
San Antonio is the second most populous city in Texas, the third most populous metropolitan area in Texas, and is the seventh most populous city in the United States. As of the 2006 U.S.
; Yale Gamma Knife Center in New Haven, Conn.; Kettering Medical Center Kettering Medical Center (KMC) is located in Kettering, Ohio, United States. Its network of area facilities, known as Kettering Health Network, also includes Grandview Hospital (an osteopathic teaching hospital) located in Dayton; Sycamore Hospital, in the southern suburb of  in Kettering, Ohio; New England Medical Center in Boston; University of Arkansas for Medical Sciences The University of Arkansas for Medical Sciences (UAMS) is part of the University of Arkansas System, a state-run university in the U.S. state of Arkansas. The main campus is located in Little Rock.  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.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:May 3, 2001
Words:574
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