PracSys wins accelerator supply deal

March 4, 1998

PracSys of Salem, NH, has signed an agreement with North American Scientific to construct two linear accelerator systems for isotope production. North American Scientific, of North Hollywood, CA, will pay PracSys $2.7 million for the accelerators, which

PracSys of Salem, NH, has signed an agreement with North American Scientific to construct two linear accelerator systems for isotope production. North American Scientific, of North Hollywood, CA, will pay PracSys $2.7 million for the accelerators, which are expected to be online by the end of this year.

PracSys has developed a type of accelerator based on nested high-voltage generator (NHVG) technology. The company hopes the NHVG design will prove to be a more economical alternative to cyclotrons for producing medical radioisotopes (SCAN 9/11/96). North American Scientific said it pursued the deal to give the company a reliable supply of radioisotopes as it focuses its development efforts in the areas of brachytherapy and other therapeutic applications.

In other North American Scientific news, the company reported that it has received clearance to have its stock listed on the NASDAQ National Market System. The company's stock will trade under the symbol "NASI."