Accuray's

Accuray Inc. agreed to acquire TomoTherapy Inc. for about $277 million in cash and stock, combining two providers of radiation systems for cancer treatment in a deal that will nearly double Accuray's sales.

Accuray to Buy Radiation-Treatment Firm TomoTherapy Jon Kamp 2011

The two companies make different types of cancer-treatment systems that Euan Thomson , Accuray's president and chief executive, said are complementary.

Accuray to Buy Radiation-Treatment Firm TomoTherapy Jon Kamp 2011

The foregoing may contain certain forward-looking statements that involve risks and uncertainties, including those concerning Accuray's expectations about revenue for fiscal year 2012 and first quarter thereof, the portion of revenue attributable to product revenue, profitability, shipments and installations and backlog.

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ET today through Accuray's release of its results for the first quarter of fiscal 2012, ending September 30, 2011.

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"Our participation in Accuray's Diamond Plus Service Program has yielded benefits from day one," said

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Except for the historical information contained herein, the matters set forth in this press release, including Accuray's expectations about revenue for fiscal year 2012 and first quarter thereof are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995.

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Accuray's cash, cash equivalents and restricted cash totaled

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These changes have impacted revenues and expenses recorded in Accuray's consolidated statement of operations since the close of the acquisition.

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The notes will be convertible under certain conditions into common stock of Accuray, cash or a combination thereof, at Accuray's election.

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June 10, 2011 and TomoTherapy's operations since that date are included in Accuray's consolidated results of operations.

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