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VANTAGE ONCOLOGY PARTNERS WITH MANHATTAN-BASED PHYSICIAN PRACTICE TO FORM BROOKLYN RADIATION ONCOLOGY, LLC

Joint Venture Includes Development of New State-of-the-Art Cancer Facility to Provide High Quality, Innovative Care to the South Brooklyn Community

BROOKLYN, N.Y. (August 10, 2005) – Vantage Oncology Inc., an El Segundo, Calif.-based developer of state-of-the-art radiation oncology facilities, has partnered with members of the faculty of Beth Israel’s Radiation Oncology program to develop a new state-of-the-art radiation oncology facility in the Sheepshead Bay area of Brooklyn. The new facility will be known as Brooklyn Radiation Oncology. The partnership will invest approximately $6 million to develop and equip the new facility which will be located on Avenue X at 21st Street. Brooklyn Radiation Oncology, PC, which will operate the facility, is spearheaded by Louis Harrison, M.D., Director of the Continuum Cancer Centers of New York and Chairman of Radiation Oncology at Beth Israel Medical Center and St. Luke’s Roosevelt Hospital. The Medical Director of the facility is Paul Gliedman, M.D., Associate Director, Continuum Cancer Centers. Vantage Oncology will manage the facility.

The Brooklyn Radiation Oncology facility is expected to open in October of 2005. The facility will offer its patients increased access to the most advanced treatment options for cancer and will be equipped with a state-of-the-art Varian 2100 IX linear accelerator capable of delivering Intensity Modulated Radiation Therapy (IMRT), Image Guided Radiation Therapy (IGRT) and Body Stereotactic Radiosurgery (SRS). IMRT and IGRT are advanced clinical treatment options that permit precise targeting of radiation to a tumor, sparing critical normal organs, providing for better outcomes and fewer side effects for patients. The facility will also include a CT Simulator, an Eclipse Treatment Planning System and a Varis Vision Clinical Management System to provide a full complement of the most advanced tools available to radiation oncologists in delivering optimal cancer care.

Dr. Harrison has assembled a talented team of physicians, nurses, physicists and technicians to provide medical care at the facility. “Brooklyn has been fortunate to have top rate cancer specialists, but is underserved with high quality, world class radiation therapy. Now Brooklyn patients can stay in the local area to get the kind of treatment that they would have had to travel to Manhattan to receive,” said Dr. Harrison. “It is our mission to provide a standard of care for cancer patients that is unequalled by other facilities, and I believe that our relationship with Vantage Oncology has helped us take a step closer toward attaining this goal.”

“We are very excited about the opportunity to be working with Dr. Harrison and Dr. Gliedman to establish a state-of-the-art radiation oncology facility for the Brooklyn community,” said Michael T. Fiore, CEO of Vantage Oncology.

“Cancer continues to affect hundreds of thousands of people every year and, as a patient, you want a team of experts that is dedicated to helping you beat this disease,” said Paul Gliedman, M.D., Medical Director of the new facility. “The Brooklyn community is getting some of the finest cancer specialists in the country and I am confident that by working together we can effectively educate and treat the patients who have entrusted us with their care.”

About Brooklyn Radiation Oncology, PC

Brooklyn Radiation Oncology, PC was founded by Dr. Louis Harrison and the members of the faculty of Beth Israel’s Radiation Oncology program to deliver radiation oncology services in Brooklyn. Beth Israel has eightboard-certified radiation oncologists and provides advanced radiation therapy services at the Beth Israel Medical Center and the St. Luke’s-Roosevelt Hospital, members of the Continuum Cancer Centers of New York. It has distinguished itself as one of the premier academic radiation oncology groups in the nation, with a proven record of clinical excellence.

CONTACT:

Karen Mattocks
Vantage Oncology
(310) 335-4074
email:kmattocks@vantagoncology.com

 

Vantage Oncology, Inc.
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Manhattan Beach, CA 90266
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