RaySearch enters into distribution agreement with Hitachi Medical Corporation

RaySearch Laboratories AB has entered into a long-term distribution agreement
with Hitachi Medical Corporation (Hitachi) based in Tokyo, Japan. The agreement
means that Hitachi will be fully responsible for marketing, sales and service of
RaySearch’s proprietary treatment planning system RayStation® on the Japanese
market from April 1, 2014.

Japan is one of the largest radiation therapy markets in the world with
approximately 700 radiation therapy clinics. Hitachi is a leading distributor of
radiation therapy equipment in Japan and represents a wide range of
international radiation therapy equipment suppliers. The company was founded in
1949 and has over 5,000 employees globally. Hitachi is highly experienced in the
field of radiation therapy treatment planning systems serving 300 Japanese
radiation therapy centers with a dedicated sales and support unit with over 30
employees. In addition Hitachi has a broad network of local sales and service
staff covering all of Japan.

“Hitachi Medical Corporation is a leading distributor of advanced radiation
therapy equipment with a long track record and a large installed base, so we are
of course delighted that they have elected to partner with RaySearch. We will
now work closely together with Hitachi’s experienced experts to satisfy the
needs of the Japanese clinics and I am fully convinced that this collaboration
will be highly fruitful for both companies”, says Johan Löf, CEO of RaySearch.”

About RayStation®
RayStation® integrates all RaySearch’s advanced treatment planning solutions
into a flexible treatment planning system. It combines unique features such as
multi-criteria optimization tools with full support for 4D adaptive radiation
therapy. It also includes functionality such as RaySearch’s market-leading
algorithms for IMRT and VMAT optimization and highly accurate dose engines for
photon, electron and proton therapy. The system is built on the latest software
architecture and has a graphical user interface offering state-of-the-art
usability.

About RaySearch
RaySearch Laboratories is a medical technology company that develops advanced
software solutions for improved radiation therapy of cancer. RaySearch’s
products are mainly sold through license agreements with leading partners such
as Philips, Nucletron, IBA, Varian, Accuray and Brainlab. To date, 15 products
have been launched through partners and RaySearch’s software is used at over
2,300 clinics in more than 30 countries. In addition, RaySearch offers the
proprietary treatment planning system RayStation® directly to clinics. RaySearch
was founded in 2000 as a spin-off from Karolinska Institutet in Stockholm and
the company is listed in the Small Cap segment on NASDAQ OMX Stockholm.

For more information about RaySearch, visit www.raysearchlabs.com


For further information, please contact:
Johan Löf, President and CEO, RaySearch Laboratories AB
Telephone: +46 (0)8-545 061 30
johan.lof@raysearchlabs.com