C-RAD defines definition of “major order” in the

Uppsala, 2017-04-25 08:30 CEST (GLOBE NEWSWIRE) -- The policy change becomes effective as of the date of the present publication.

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. C-RAD has 48 employees. 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 http://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 April 25, 2017.

C-RAD defines definition of “major order” in the information policy

In line with the growing order intake, C-RAD has decided to define the threshold in order value for major orders to be published. All orders with a value exceeding 7.5 MSEK or of strategic value are considered to be major orders and will be disclosed to the financial markets in a press release.

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