RaySearch SECURES Distribution of RayStation in CHINA

RaySearch SECURES Distribution of RayStation in CHINA

RaySearch Laboratories AB has entered into an exclusive distribution
agreement with the Chinese distributor Kang Li Da Trading Corporation,
based in Beijing. The agreement means that Kang Li Da will be fully
responsible for marketing, sales and service for RaySearch’s proprietary
treatment planning system RayStation® on the entire Chinese market.

China is one of the largest radiation therapy markets globally with
approximately 1300 radiation therapy clinics. There is a strong focus on
improving healthcare so the radiation therapy sector is growing very
rapidly and the number of clinics is expected to increase to 2,000 in
less than five years. RayStation® is pending regulatory clearance in
China and the approval process is expected to last approximately a year
and a half.

Kang Li Da was founded in 1996 and is a leading distributor of radiation
therapy equipment in China. The company has approximately 20 employees
and represents a wide range of international radiation therapy equipment
suppliers serving more than 500 customers. They are highly experienced
in the treatment planning field where they have been active form more
than a decade.

“China is the fastest growing radiation therapy market so this agreement
is extremely important to us. Kang Li Da is a highly experienced
distributor of radiation therapy equipment with a broad geographical
coverage and excellent track record. We are very excited that they have
selected to work exclusively with us within treatment planning and we
are looking forward to work closely together to establish RayStation as
a leading product on the Chinese market ”, says Johan Löf, CEO of
RaySearch.

“We are honored to establish a partnership with RaySearch. We see a
great opportunity in bringing RaySearch’s high quality products to the
Chinese market. RaySearch has a long track record of developing the best
solutions for advanced treatment planning. RayStation® follows that
tradition combining unique advanced features with unparalleled ease of
use thanks to its modern user interface. We will start demonstrating
RayStation® for our customers immediately and I am convinced that it
will be very well received by the Chinese radiation therapy community”,
says Frank Qian, CEO of Kang Li Da.

About RayStation®
RayStation® integrates all RaySearch’s advanced treatment planning
solutions into a flexible treatment planning system. It combines unique
features such as multi-criteria optimization tools with full support for
4D adaptive radiation therapy. It also includes functionality such as
RaySearch’s market-leading algorithms for IMRT and VMAT optimization and
highly accurate dose engines for both photon and proton therapy. The
system is built on the latest software architecture and has a graphical
user interface offering state-of-the-art usability.

About RaySearch
RaySearch Laboratories is a medical technology company that develops
advanced software solutions for improved radiation therapy of cancer.
RaySearch’s products are mainly sold through license agreements with
leading partners such as Philips, Nucletron, IBA Dosimetry, Varian,
Accuray and Siemens. To date, 15 products have been launched through
partners and RaySearch’s software is used at some 1,800 clinics in more
than 30 countries. In addition, RaySearch offers the proprietary
treatment planning system RayStation® directly to clinics. RaySearch was
founded in 2000 as a spin-off from Karolinska Institutet in Stockholm
and the company is listed in the Small Cap segment on NASDAQ OMX
Stockholm.

For more information about RaySearch, visit
www.raysearchlabs.com (http://www.raysearchlabs.com/).

For further information, please contact:
Johan Löf, President and CEO, RaySearch Laboratories AB
Telephone: +46 (0)8-545 061 30
johan.lof@raysearchlabs.com (johan.lof@raysearchlabs.com)