Intraop Medical Mobetron Selected for University of Verona IORT Program.SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif. -- Intraop Medical Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :IOPM) announced today that MD51 S.r.l., the company's partner in Italy, was awarded the contract to supply a Mobetron for the intraoperative radiation therapy intraoperative radiation therapy Radiation oncology RT directly in a tumor during surgery. See Radiation oncology. ("IORT IORT Intraoperative Radiotherapy (oncology) ") program at Azienda Ospedaliera Istituti Ospitalieri Di Verona (the "Institute"). The Institute is a consortium of three hospitals that includes the Medical School of the University of Verona The University of Verona (Italian: Università degli Studi di Verona) is a university located in Verona, Italy. It was founded in 1982 and is organized in 8 Faculties. . The Mobetron will be located in the Ospedale Borgo Trento in an operating room operating room n. Abbr. OR A room equipped for performing surgical operations. that will be dedicated to IORT treatments. The Mobetron at Ospedale Borgo Trento, scheduled for delivery in July 2005, will be the second Mobetron in Italy and the sixth such system in Europe. The Mobetron is a proprietary medical device providing IORT treatment for cancerous tumors. For many types of tumors, IORT treatment can dramatically improve cancer survival rates and local control of the disease. IORT treatment has been in use since the 1970's, but development of the Mobetron has made IORT practical to apply. The Mobetron is a light-weight, mobile, shelf-shielding device that eliminates the logistical challenges of administering IORT. "In Italy, IORT has already become an important component of cancer treatment. If they don't already have it, most major hospitals have plans to acquire IORT treatment capability. For those that already have IORT capability, the larger centers might need more than one system as IORT is integrated into the treatment of more common cancers such as breast, lung and prostate. We believe that the Mobetron can best serve this growing demand," said Ernesto Lanzotti, President of MD51. Dr. Sergio Maluta, chief of Radiation Oncology radiation oncology n. The branch of radiology that deals with the use of ionizing radiation to treat cancers. radiation oncology and Dr. Giorgio Chierego, chief of Medical Physics at the Institute, said, "We are looking forward to close working relationships with all of the IORT International Community to develop IORT protocols. We are pleased to be part of this growing field and look forward to working with other Mobetron users to develop IORT to its full potential." "Italy is a very important market for us," said Donald A. Goer, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Intraop Medical. "Cancer specialists there are convinced that IORT has a role to play in the treatment of their cancer patients. We are pleased that such a prominent center has selected the Mobetron, and we look forward to working with Verona and our other European colleagues to further establish the benefits of IORT in the treatment of cancer." About Intraop Medical Corporation Intraop Medical Corporation was formed in April 1993 to develop, manufacture, market and service the Mobetron, a mobile electron beam system designed for IORT treatment of cancer, coronary/vascular restenosis and other medical applications. Unlike other IORT systems, the Mobetron uses several patented technologies to allow IORT to be applied without shielding to the operating room. The Mobetron can be moved between operating rooms or even between hospitals, thereby increasing the systems utilization and cost effectiveness. Intraop is a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. (OTCBB:IOPM). About Ospedale Borgo Trento Ospedale Borgo Trento is one of the three hospitals that comprise the Azienda Ospedaliera Istituti Ospitalieri Di Verona which also includes the medical school of the University of Verona. The Institute currently conducts more than 32,000 radiation treatments each year, however the Mobetron will be the Institute's first IORT treatment system. The Institute plans to participate as a member of the International Society of IORT European research group in a variety of IORT protocols. In addition to breast IORT treatment, the Institute is also interested in IORT applications for lung cancer lung cancer, cancer that originates in the tissues of the lungs. Lung cancer is the leading cause of cancer death in the United States in both men and women. Like other cancers, lung cancer occurs after repeated insults to the genetic material of the cell. and prostate cancer prostate cancer, cancer originating in the prostate gland. Prostate cancer is the leading malignancy in men in the United States and is second only to lung cancer as a cause of cancer death in men. . This press release contains "forward-looking statements" within the meaning of Section 27A of the 1933 Securities Act and Section 21E of the 1934 Securities Exchange Act. Actual results could differ materially, as the result of such factors as competition in the markets for the company's products and services and the ability of the company to execute its plans. By making these forward-looking statements, the company can give no assurances that transactions described in this press release will be successfully completed, and undertakes no obligation to update these statements for revisions or changes after the date of this press release. |
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