Positron Announces Two mPower Pet Scanner Sales for Its Second Quarter Ended June 30.Business Editors Positron positron: see antiparticle. positron Subatomic particle having the same mass as an electron but with an electric charge of +1 (an electron has a charge of −1). It constitutes the antiparticle (see antimatter) of an electron. Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :POSC POSC Petrotechnical Open Software Corporation POSC Payroll Online Service Center (state of Maryland) POSC Personnel Occupational Specialty Code ) announced today that it sold two Positron mPower HZL HZL Hohenzollerische Landesbahn AG (German) HZL Hindustan Zinc Ltd. (Udaipur ,India) HZL Hazleton, Pennsylvania (Airport Code) (TM) positron emission tomography positron emission tomography: see PET scan. positron emission tomography (PET) Imaging technique used in diagnosis and biomedical research. (PET) scanners during its second quarter ended June 30, 2002 to previously announced Nishidai Clinic (Diagnostic Imaging Center) in Tokyo and Emory Crawford Long Crawford Williamson Long (November 1, 1815 – June 16, 1878) was an American physician and pharmacist. He was born in Danielsville, Madison County, Georgia. He received his M.D. at the University of Pennsylvania in 1839. Hospital Carlyle Fraser Heart Center in Atlanta. These system sales System sales is a business term used in the franchising industry. Franchisors provide supplies, marketing and administration services to franchisees in return for a part of the franchisees' revenues. Some franchisors also operate some outlets directly. will be recorded in the Company's second quarter 2002 financial results. Emory Crawford Long Hospital was founded in 1908 and is metro Atlanta's third largest hospital licensed for 583 acute care beds. Crawford Long serves more than 100,000 patients annually and its staff consists of approximately 1,100 physicians and 2,100 employees. Emory Crawford Long Hospital is a component of EMORY HEALTHCARE, the most comprehensive health care system in Atlanta. Established in 1975, the Carlyle Fraser Heart Center at Emory Crawford Long Hospital is dedicated to the diagnosis, treatment and research of diseases and disorders of the heart and lung. The Carlyle Fraser Heart Center is a component of the Emory Heart Center, which has been recognized by U.S. News and World Report as among the top ten heart programs in the country. Gary Brooks Gary Brooks is an American footballer who currently plays for Crystal Palace Baltimore. He is a forward. In his first season with Crystal Palace Baltimore he was named in the USL Second Division All-League First Team for scoring 7 goals in 9 games and also recording 2 assists. , 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 Positron, said, "We are pleased to announce our two mPower PET scanner PET scanner n. A device that produces cross-sectional x-rays of metabolic processes by means of positron emission tomography. PET scanning n. sales during the second quarter. The shipment to Nishidai Clinic represents the fifth Positron scanner system at the PET facility in Tokyo, and the second Positron PET system in use at Crawford Long Hospital's Carlyle Fraser Heart Center in Atlanta. We look forward to working with both of these leading medical groups as their dedicated staffs provide state-of-the-art medical technology to their patients." Positron Corporation is primarily engaged in designing, manufacturing, marketing and supporting advanced medical imaging devices utilizing positron emission tomography (PET) technology under the trade name POSICAM(TM) systems. POSICAM systems incorporate patented and proprietary technology for the diagnosis and treatment of patients in the areas of oncology, cardiology and neurology. POSICAM systems are in use at leading medical facilities, including the Cleveland Clinic Foundation, Yale University/Veterans Administration, Crawford Long Hospital, Hermann Hospital, McAllen PET Imaging Center, Hadassah Hebrew University Hospital in Jerusalem, Israel, The Coronary Disease Reversal Center in Buffalo, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Nishidai Clinic in Tokyo. Except for the historical information contained herein, the matters discussed in this news release may contain forward-looking statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements which are other than statements of historical facts. Certain statements contained herein are forward-looking statements and, accordingly, involve risks and uncertainties which could cause actual results or outcomes to differ materially from those expressed in the forward-looking statements. The Company's expectations, beliefs and projections are expressed in good faith and are believed by the Company to have a reasonable basis, including, without limitations, management's examination of historical operating trends, data contained in the Company's records and other data available from third parties, but there can be no assurance that management's expectations, beliefs or projections will result or be achieved or accomplished. In addition to other factors and matters discussed elsewhere herein, the following are important factors that, in the view of the Company, could cause actual results to differ materially from those discussed in the forward-looking statements: the ability of the Company to attain widespread market acceptance of its POSICAM(TM) systems; the ability of the Company to obtain acceptable forms and amounts of financing to fund future operations; demand for the Company's services; and competitive factors. The Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof. |
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