Message From Our Chairman
2012 is beginning with clinical and commercial momentum carried over from the last half of 2011 where we saw a record number of new customer orders.

Our presence at the 2011 RSNA included a dramatic increase in qualified customer interest, a 50% increase in the size of our exhibit and 6 key scientific and educational presentations by our customers during the week at the Arie Crown Theater.

Our distribution outside of the U.S. expanded to 34 countries with 4 total new customer orders received in Europe, 2 of which are already installed ...along with significant progress in the U.S.  A system was installed and is now in service at UT Southwestern (where Dr. Phil Evans is not only the director of the Breast Imaging Center, but the newly elected President of the American Cancer Society), at Jupiter Hospital in Florida and an installation is currently in progress at Cedars-Sinai in Los Angeles.

And 2012 is demonstrating a continuation of this enthusiastic customer response.  In January and February alone, PEM presentations have been given by Key Opinion Leaders from the imaging and breast surgery communities at major medical society meetings across the globe in Mexico, Singapore, Indonesia, and Hong Kong as well as domestically in San Francisco and Vail.

Last week at ECR and this week at National Consortium of Breast Centers Annual Meeting in Las Vegas, Dr. Kathy Schilling from Boca Raton Regional Hospital in Florida will be presenting further evidence of our focus on a 50% reduction in FDG dose and radiation to the patient.  We are looking forward to a continuing global momentum with product launch events scheduled in Poland, Turkey, Saudi Arabia, Lebanon and Ecuador in the coming months.

As always, we welcome your feedback.  Please do not hesitate to This e-mail address is being protected from spambots. You need JavaScript enabled to view it w ith any specific requests or suggestions.

Sincerely,

Paul Mirabella

Chairman & CEO

First Installations in Europe
Capitalizing on our distribution in 13 European countries, Naviscan has already installed 2 scanners in prestigious centers in Europe.  These mark the first of a backlog of orders in that market.  The scanners were installed in Radiologie und Nuklearmedizin in Ludwigshafen, Germany and Medica Clinic in Istanbul, Turkey.

Exciting Ongoing Research With PEM
Ongoing research protocols focusing on dose reduction and novel radiotracers will help continue to demonstrate the clinical superiority of PEM:

Project: Pre-Surgery PEM at Optimized Dose of 5 mCi and 2.5 mCi
Center: Swedish Medical Center
P.I.: J.D. Beatty, MD
Status: Recruiting

                         Project: PEM Beyond F-18FDG (Cu-64)
                         Center: Thomas Jefferson University
                         P.I.: Madhukar Thakur, PhD
                         Status: Recruiting

                         Project: PEM Imaging with FES
                         Center: Instituto Nacional de Cancerologia Mexico
                         P.I.: Enrique Estrada-Lobato, MD
                         Status: Recruiting
                     
                         Project: FACBC PET/PEM as a Staging Tool and Indicator of Therapeutic Response in Breast Cancer Patients
                         Center: Memorial-Sloan Kettering Cancer Center
                         P.I.: Gary Ulaner, MD, PhD
                         Status: Under IRB review
       
                         Project: PEM Imaging with FLT
                         Center: Instituto Nacional de Cancerologia Mexico
                         P.I.: Enrique Estrada-Lobato, MD
                         Status: Under IRB review

Recent News Coverage About PEM
Several news stories featuring PEM have been aired or published in the past months, including the use of PEM to help plan partial breast irradiation procedures and an article showing the Return On Investment (ROI) of PEM to a breast center:

- Dr. Noah Taylor (Radiation Oncologist) - "Surviving Breast Cancer - With Help from PEM" Great Day Houston KHOU TV segment, October, 2011
- Dr. Kathy Schilling - "The ROI of PEM" Imaging Economics, October, 2011

Tools for Marketing PEM to Patients and Referring Physicians
We have developed specific tools to help our customers market PEM to patients and referring physicians.  We are also willing to arrange for sharing "best practices" across similar types of centers in different non-competing geographic regions.  The success of Naviscan depends on the success of our individual customers!  Please This e-mail address is being protected from spambots. You need JavaScript enabled to view it if you would like further information about this program.
 

Upcoming Presentations
Below is a preliminary list of some upcoming podium presentations this spring:

- Terry Lehmann, BS, RT(R)(M) will present on PEM at the National Consortium of Breast Centers
   Annual Meeting in Las Vegas, NV

- Dr. Bruce Porter and Dr. Michael Liver will also present a lecture including PEM at National Consortium
  of Breast Centers Annual Meeting

- Dr. Diethard Schmidt from the University Hospital in Zurich will be presenting a talk on PEM at the
  Senologie  Update 2012 at Casino Lakeside, Zurichhorn, Zurich, Switzerland

- Dr. Wendie Berg from the University of Pittsburgh will be presenting on PEM at SNM 2012 in Miami, FL