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Innovative Radiation Shielding Enables Construction of New Radiosurgery Centers In One Week

Miami, Florida. Friday, October 17th, 2003

Conventional Construction Takes 9 – 12 Months

Medical providers worldwide now have the option to have new radiosurgery facilities available to treat patients in one week, using innovative new radiation shielding technology and modular construction and installation methods. This amazing speed and flexibility are made possible by RAD Technology’s patented, new designs for shielding and modular construction. A new center is delivered in multiple, pre-finished sections that are quickly assembled on site.

BrainLAB AG, based in Munich, Germany, and RAD Technology LLC, based in Palm Beach, Florida, have entered into a cooperation agreement in which RAD Technology will offer their proprietary Portable Radiation Oncology (PRO System™) relocatable technology to BrainLAB’s Novalis customers worldwide, as well as a permanent version of its instant shielding solution (Stat System™). The resulting fast-track radiosurgery suite is called the Instant Novalis Center. These RAD systems are fully shielded radiation vaults that will contain the BrainLAB Novalis System, giving providers a speed to patient service that was never before possible.

Stefan Vilsmeier, BrainLAB’s founder and CEO, stated: “With the Instant Novalis concept, we can now bring our leading-edge stereotactic radiosurgical Novalis platform into clinical practice faster. Apart from the obvious economic advantages of getting our product into the hands of the surgeon much earlier than is possible with conventional vault construction, the fact that we can calibrate our hardware and software before delivery means that BrainLAB technology will benefit patients sooner ”.

Consistent with RAD Technology’s strategy of partnering with leading companies in the oncology field, Eric Landau, co-founder and CEO of RAD Technology stated: “Our agreement with BrainLAB is an important step for our company as we roll-out these seamless shielding facilities in the United States, Asia and Europe. RAD Tech’s unique ability, via our proprietary PRO and STAT technology, to install a fully equipped, pre-calibrated Novalis™ radiosurgery suite in less than a week – as compared to a more typical 9 months – means that BrainLAB can cost-effectively provide their outstanding technology to the surgeon much faster than conventional vault construction would permit”.

About BrainLAB

BrainLAB, a privately held company headquartered in Munich, Germany, was founded in 1989 and is specialized in the development, manufacture, and marketing of medical technology for radiosurgery / radiotherapy, orthopedics, neurosurgery, and ENT. Among the products developed by BrainLAB are software and hardware components for image-guided surgery, components for linear accelerators in radiotherapy as well as integrated systems for stereotactic radiosurgery. With revenues of more than 100 Million USD in FY 2002 and 750 navigation systems installed around the globe, BrainLAB is among the market leaders in image-guided surgery. BrainLAB employs over 500 people worldwide. The company works with distributors in over 70 countries and has 15 offices throughout Europe, the U.S, Asia, and South America. For more information, visit BrainLAB at www.brainlab.com.

RAD Technology, Inc. was formed in 2001 to develop and market a revolutionary new and proprietary technology for radiation shielding, and a range of products that incorporate this technology. RAD Technology is a privately held company that is headquartered in Palm Beach, Florida. The company is developing systems that make it easy to expand, modify or upgrade radiation treatment and radiosurgery facilities -- without any interruption in patient care.

RAD’s installation and manufacturing partner is The Canam Manac Group, Inc., a leading, north American construction company with more than 40 years of experience, 20 major plants and 5,000 employees.

Response to RAD products has been outstanding due to the various limitations of traditional radiation vault construction – a very expensive, 8 to 12 month, major construction process -- and/or refitting of a vault with a new linear accelerator or radiosurgery system. Cancer care centers have been quick to appreciate the time, cost and patient care advantages.

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