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American Shared Hospital Services Announces Contract To Supply A Gamma Knife Perfexion System To St. Vincent's Medical Center In Jacksonville, Florida

AMERICAN SHARED HOSPITAL SERVICES (NYSE AMEX:AMS), a leading provider of turnkey technology solutions for advanced radiosurgical and radiation therapy services, announced today that it has entered into a contract to supply a Gamma Knife® Perfexion™ system to St. Vincent's Medical Center in Jacksonville, Florida. The Perfexion system will be an upgrade to an existing Gamma Knife supplied by AMS to another hospital in the area that comes off lease at the end of this month. Pending regulatory approval, patient treatments on this Perfexion system are expected to begin in the fourth quarter.

St. Vincent's Medical Center (SVMC), founded by the Daughters of Charity in 1916, is a 528-bed comprehensive, acute care hospital. It is part of St. Vincent's HealthCare and Ascension Health, the largest non-profit health system in the United States, as well as the largest Catholic hospital system in the country. SVMC is widely recognized for excellence in patient care and has received numerous accolades from Health Grades as well as US News and World Report.

"For over 50 years, St. Vincent’s Medical Center has been recognized by the American College of Surgeons Commission on Cancer as a comprehensive community hospital program. Our mission calls us to serve those in need by providing for the mind, body, and spirit. We do this in many ways– through the compassionate care provided by our physicians, through the care provided by staff working in the different cancer areas within the hospital and through support services both within our hospital system and within the community. State-of-the-art therapeutic technologies are critical to achieving our mission. This new Perfexion system, widely regarded as the most advanced stereotactic radiosurgery system available today, refines and expands the therapeutic potential for radiosurgery procedures in the brain, cervical spine and head and neck regions. We are proud to provide this state-of-the-art technology to better serve our cancer patients," said David Meyer, System Vice President of Strategic Planning & Marketing of St. Vincent’s HealthCare.

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