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Positron Corp. (POSC.OB) Comments on New Medical Radiation Bill Passed in California

Positron Corp. commented yesterday on the new medical radiation bill passed into law in the State of California. Governor Arnold Schwarzenegger of California last week signed a medical radiation protection bill (SB1237) into law. It paves the way for implementation of the first state law in the United States targeted at protecting patients from excessive radiation exposure received during CT scans and radiation therapy procedures.

The law’s passage comes on the heels of an overwhelming increase of reported incidents of patients being exposed to excess radiation both in California and throughout the U.S. SB 1237, which Governor Arnold Schwarzenegger signed without comment, will impose strict new procedures and reporting requirements to protect patients from medical radiation overdoses when it becomes effective July 1, 2012.

Mr. Joseph Oliverio, CTO of Positron Corporation, stated, “We believe the passage of this bill will create awareness, and generate further discussion on the proper guidelines and procedures on minimizing radiation exposure to patients. Positron is well-positioned to be in accordance with the new California regulations by offering customers a CT-free solution with our Attrius dedicated PET scanner. The Attrius was specifically engineered to address the underlying consensus of the radiology community – to follow the ALARA principal (as low as reasonably achievable), in reducing radiation exposure to the lowest level possible.”

Headquartered in Fishers, Indiana, Positron Corporation is a leading molecular imaging company specializing in the field of Nuclear Cardiology. Founded in 1983, the Company utilizes their proprietary product line to provide unique solutions to the Nuclear Medicine community ranging from imaging to radiopharmaceutical distribution.

Positron Corporation products include the Attrius™, a PET imaging device; the Pulse®, a SPECT imaging device; the Nuclear Pharm-Assist®, an automated radiopharmaceutical distribution device, as well as the Tech-Assist™, a radiopharmaceutical injection shield.

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