Large order for cutting-edge C-RAD solution from U.S. Customers

C-RAD has been awarded with orders for Catalyst HD™ and Sentinel 4DCT™ systems including multi-year service contracts for two radiation therapy centers. The value of the orders has a total of approximately 8,2 MSEK.

The Sentinel 4DCT™ and Catalyst HD™ systems enable the high-end treatment techniques that are increasingly common within radiation therapy. With this dual solution, C-RAD supports the whole 4D treatment chain from imaging to treatment delivery. Respiratory gated treatments are frequently used when the target volume is close to cardiac tissue, or for special treatments in which the tumor position depends on the respiratory cycle.

The Catalyst HD™ will be delivered with the complete software configuration containing modules for Respiratory Gating, Patient Setup and Positioning, and Motion Monitoring, as well as interfaces to Varian and Elekta linear accelerators and the respective CT imaging modality. The customers also selected C-RAD’s unique audio-visual couching functionality, which supports an interactive gating mode.

Delivery and installation are has started. C-RAD will update the market after the installation has been finalized.

“The demand for advanced surface tracking solutions is continuously increasing.” says Tim Thurn, CEO of C-RAD, “With a strong local organization and a leading product in the field we are well prepared to further expand our footprint in the important North American market.

About C-RAD

C-RAD develops innovative solutions for use in advanced radiation therapy. The C-RAD group offers products and solutions for patient positioning, tumor localization and radiation treatment systems. All product development is conducted in three fully owned subsidiaries: C-RAD Positioning AB, C-RAD Imaging AB and C-RAD Innovation AB, all of which are located in Uppsala, Sweden. Employees currently number 45. C-RAD has established three companies for direct sales: C-RAD Inc. in the US, C-RAD GmbH in Germany and C-RAD WOFE in China. Cyrpa International SPRL, a Franco-Belgian laser company, is a wholly owned subsidiary whose operations are integrated. C-RAD AB is listed on NASDAQ Stockholm.

For more information on C-RAD, please visit www.c-rad.com

For further information:

Tim Thurn, CEO C-RAD AB, Phone +46-18-666930, Email investors@c-rad.com

This information is information that C-RAD AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication at 08:30 CET on October 27, 2016.