MARLBOROUGH, Mass., (Jan 24, 2006) - Cytyc Corporation today announced that the North Carolina State Laboratory of Public Health (SLPH) is the first state public health laboratory to convert to the ThinPrep(R) Imaging System for all cervical cancer screening. This builds on the laboratory's use of the ThinPrep(R) Pap Test, which began in 1999. The lab currently processes approximately 110,000 Pap
tests annually.
"We are very pleased North Carolina State Laboratory of Public Health has elected to fully convert to ThinPrep plus Imaging. We believe our technology will provide the most effective cervical screening platform for the laboratory and the patients they serve," said Patrick J. Sullivan, Cytyc's chairman, president, and chief executive officer.
North Carolina State Laboratory of Public Health provides medical and environmental laboratory services to public health organizations including county health departments. Eight of the health departments participated in a six-month study to evaluate the ThinPrep Imaging System compared to manual screening beginning in March 2005. Results indicated an increase in sensitivity and a considerable decrease in the unsatisfactory rate compared to manually screened
ThinPrep Pap Test slides. The study also demonstrated cytotechnologist productivity gains and a decrease in screening hours.
The ThinPrep Imaging System is the first fully integrated, interactive computer system that assists cytotechnologists and pathologists in the primary screening and diagnosis of ThinPrep Pap Test slides. The ThinPrep Imaging System combines revolutionary imaging technology with human interpretive expertise to improve cervical cancer screening efficiency and performance.
About Hologic
Hologic, Inc. is a leading developer, manufacturer and supplier of premium diagnostic and medical imaging systems dedicated to serving the healthcare needs of women, and a leading developer of innovative imaging technology for digital radiography and breast imaging. Hologic's core business units are focused on mammography and breast biopsy, osteoporosis assessment, and mini C-arm and extremity MRI imaging for orthopedic applications.
Cytyc's products cover a range of cancer and women's health applications, including cervical cancer screening, preterm birth screening, treatment of excessive menstrual bleeding, radiation treatment of patients with early-stage breast cancer.
Forward-Looking Statements
Forward-looking statements in this press release are made pursuant to the provisions of Section 21E of the Securities Exchange Act of 1934. Investors are cautioned that statements in this press release which are not strictly historical statements, including, without limitation, statements relating to Cytyc's future financial condition, operating results and economic performance, and management's expectations regarding key customer
relationships, future growth opportunities, product acceptance and business strategy, constitute forward-looking statements. These statements are based on current expectations, forecasts and assumptions that are subject to risks and uncertainties, which could cause actual outcomes and results to differ materially from those statements. Risks and uncertainties include, among others, dependence on key personnel and customers as well as reliance on proprietary technology, uncertainty of product
development efforts and product acceptance, management of growth and product diversification, entry into new market segments domestically and new international markets, risks associated with litigation, the effective integration of acquired businesses and technologies, competition and competitive pricing pressures, risks associated with the FDA regulatory approval processes and healthcare reimbursement policies in the United States and abroad, introduction of technologies that are disruptive to
Cytyc's business and operations, the impact of new accounting requirements and governmental rules and regulations, as well as other risks detailed in Cytyc's filings with the Securities and Exchange Commission, including under the heading "Certain Factors Which May Affect Future Results" in its 2004 Annual Report on Form 10-K and its most recent Quarterly Report on Form 10-Q filed with the Commission. Cytyc cautions readers not to place undue reliance on any such
forward-looking statements, which speak only as of the date they were made. Cytyc disclaims any obligation to publicly update or revise any such statements to reflect any change in its expectations or events, conditions, or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.
| Contact: |
| Glenn Muir |
|
Frances Doria |
| Executive Vice President and CFO |
|
Director, Investor Relations |
| Hologic, Inc. |
|
Hologic, Inc. |
| Tel: 781.999.7300 |
|
Tel: 781.999.7377 |