Varian Medical Systems to Distribute Neutron Generators From AccSys Technology for Non-destructive Testing.
PALO ALTO, Calif.--(BUSINESS WIRE)--April 28, 2000
Global Distribution Agreement Foresees Role For AccSys Technology's
LANSAR(R) Neutron Generators in Cargo Inspection Systems
Varian Medical Systems, Inc. (NYSE:VAR) and AccSys Technology, Inc. of Pleasanton, Calif., today announced an agreement in which Varian will globally distribute AccSys Technology's LANSAR line of neutron generators for non-destructive testing and cargo inspection. Financial terms of the agreement were not disclosed.
Varian, which is well known as the world's leading producer of linear accelerators for treating cancer with radiotherapy and is also the market leader for the supply of high-energy X-ray devices for non-destructive testing and cargo inspection. Varian will market the LANSAR line from AccSys Technology for non-destructive testing applications, including neutron radiography, nuclear waste assay and on-line mineral analysis. In addition, both companies see potential applications for this technology in cargo inspection.
"The LANSAR line is a welcome addition to Linatron(R) and PaxScan products that we make available for non-destructive testing and cargo inspection," said James Johnson, managing director of Varian Medical Systems' Industrial Products Group. "We believe LANSAR represents the most advanced technology available to the market today and neutron generators will play an important role in cargo scanning systems."
"This agreement with an established world leader like Varian will make our neutron generation technology available to the market more rapidly," said Dr. Robert W. Hamm, president and CEO of AccSys Technology, Inc.
The LANSAR neutron generators are based on accelerator technology developed by AccSys founders Drs. Robert W. and Marianne E. Hamm in conjunction with scientists from the Los Alamos National Laboratory. These accelerators generate neutrons by bombarding beryllium targets with either protons or deuterons. LANSAR units are available with energies ranging from 0.5 MV to 11 MV.
AccSys Technology, of Pleasanton, Calif., is the world's leading commercial producer of rf ion linacs. The company was founded in 1985 to commercialize advanced radiofrequency (rf) ion linac technology for applications in medicine, industry and research, with emphasis on developing an innovative system for producing the short-lived radiotracers used in medical positron imaging. AccSys has produced and installed 19 rf ion linac systems worldwide since 1987.
Varian Medical Systems, Inc., (NYSE:VAR) of Palo Alto, Calif., is the world's leading manufacturer of integrated cancer therapy systems, which are treating thousands of patients per day. The company is also a premier supplier of X-ray tubes and flat-panel digital subsystems for imaging in medical, scientific and industrial applications. Varian Medical Systems employs approximately 2,300 people who are located at manufacturing sites in North America and Europe and in its 40 sales and support offices around the world. In its most recent fiscal year ended October 1, 1999, Varian Medical Systems reported sales of $590 million. Additional information is available on the company's investor relations web site at www.varian.com.
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|Date:||Apr 28, 2000|
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