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Penrose Cancer Center will be the first in the region to secure CyberKnife Robotic Stereotactic Radiosurgery

Contact:
Scott Milligan
312-622-3301
smilligan@accelitech.biz

Accelitech LLC, a leading developer of stereotactic radiosurgery programs, is pleased to announce the launch of a new CyberKnife Center with Penrose-St. Francis Health Services in Colorado Springs, Colorado. The Accuray CyberKnife System was obtained through a joint venture created by Accelitech in partnership with physicians and the hospital. The Penrose Cancer Center expects to begin treating patients on the CyberKnife in the summer of 2009.

The Accuray CyberKnife Robotic Radiosurgery System is used primarily to ablate tumors as well as for other procedures as an alternative to invasive surgery. The Penrose Cancer Center will be the first and only hospital in southern Colorado to utilize the CyberKnife system. With this addition, the center offers one of the most complete arrays of radiation oncology tools in the state.

“With Penrose-St. Francis acquiring the only robotic radiosurgery system with proven sub-millimeter accuracy, we can make untreatable and unreachable tumors a thing of the past,” said Dr. Anuj Peddada, radiation oncologist for the Penrose Cancer Center. “Because of its unrivaled accuracy, we can deliver the entire treatment, non-invasively, in one to five treatments.”

Kerwin Brandt, CEO of Accelitech LLC, said, “We are pleased to be working with one of the premier cancer treatment centers in the region and the state. The highly respected physicians and staff at the Penrose Cancer Center are excellent partners for this venture, and all of us are looking forward to the enhanced patient care they will provide.”

“The completion of the Penrose-St. Francis Health Services joint venture represents Accelitech’s fifth CyberKnife transaction since the company’s inception in 2005,” said Scott Milligan, Chief Development Officer of Accelitech, “With the addition of our Joint Venture with Penrose, Accelitech is positioned as the national leader in completed transactions for new CyberKnife locations.”

About Accelitech LLC

Accelitech LLC is a leading developer of stereotactic radiosurgery programs. Headquartered in Chicago, Accelitech offers broad experience and resources in healthcare law, finance, development, and clinical operations. Accelitech provides the funds, expertise and legal models to allow physicians and hospitals to bring new technology to market for the benefit of the patients they serve.

About Penrose-St. Francis Health Services

Penrose-St. Francis Health Services is a leading provider of health services in the Southern Colorado Market comprised of 2,600 healthcare professionals serving several locations in the Pikes Peak Region, including Penrose Hospital, St. Francis Medical Center, St. Francis Health Center, Penrose Community Urgent Care, Langstaff-Brown Urgent Care Center (Woodland Park), Health Learning Center, Colorado Sports and Spine Centers, and Profile Employee Assistance Program.