BSD Medical Announces Distribution Agreement for Entry Into Japanese Market With New Cancer Treatment Systems
January 04 2006 - 8:05AM
PR Newswire (US)
SALT LAKE CITY, Jan. 4 /PRNewswire-FirstCall/ -- BSD Medical Corp.
(AMEX: BSM) today announced that the company has entered into a
distribution agreement with Ktec Corporation to sell BSD's cancer
treatment systems in Japan, the world's second largest medical
market. This agreement concludes a lengthy search and negotiation
process as part of BSD Medical's global strategy to establish a
chain of distributors in the Pacific Rim as an important segment of
the company's world market. Japan, along with China, has been a
high-priority marketing target in the Pacific Rim. Ktech Corp. has
over 30 years of experience in importing and distributing hi-tech
medical capital equipment in Japan, with a primary focus on the
introduction of state-of-the-art medical technology. Ktech's
services include sales and marketing, sales engineering support,
field service and product support. Hyrum A. Mead, President and CEO
of BSD Medical, said, "We believe that Ktech is highly qualified to
sell and support our cancer therapy systems in Japan, and are very
enthusiastic about our new relationship." BSD has already
established a distributor in China, and obtained regulatory
approval for the sale of the BSD-2000 in China. BSD's objective is
to pursue a similar marketing path in Japan. Japan and China
together represent a major percentage of the total Pacific Rim
market. BSD Medical produces systems that deliver precision focused
RF/microwave energy to treat cancer, killing cancer directly and
boosting the effectiveness of companion radiation and/or
chemotherapy treatments. BSD was the recipient of the Frost and
Sullivan "Technology of the Year Award" for cancer therapy devices.
For further information about BSD Medical and its cancer treatment
systems visit the BSD website at http://www.bsdmedical.com/.
Statements contained in this press release that are not historical
facts are forward-looking statements, as that item is defined in
the Private Securities Litigation Reform Act of 1995. All
forward-looking statements, including all projections or
expectations of future events, including expectations for future
sales of BSD Medical's cancer treatment systems, are subject to
risks and uncertainties detailed in the Company's filings with the
Securities and Exchange Commission. DATASOURCE: BSD Medical
Corporation CONTACT: Hyrum A. Mead of BSD Medical Corporation,
+1-801-972-5555, or Fax, +1-801-972-5930, Web site:
http://www.bsdmedical.com/
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