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Accuray Reports Record Revenue in First Quarter of Fiscal 2008
Date:11/7/2007

balance at the end of the quarter was $192 million.

"This is the third consecutive quarter where we have achieved record levels of both revenue and backlog," said Euan S. Thomson, Ph.D., president and chief executive officer of Accuray Incorporated. "This growth is a great achievement for Accuray and we believe that it reinforces the medical community's rapid acceptance of the CyberKnife System."

As of September 29, 2007, there were 114 CyberKnife Systems installed worldwide, with 76 in the Americas, 12 in Europe, 15 in Japan and 11 in the remainder of Asia Pacific.

Outlook

The following statements are forward-looking and actual results may differ materially. Please see "Safe Harbor Statement" at the end of this news release for a description of certain risk factors and reference to Accuray's quarterly and annual reports on file with the Securities and Exchange Commission.

Based on the current business outlook, Accuray is reiterating its fiscal 2008 revenue guidance of $250 million to $270 million. Accuray expects that revenue growth will be greater in the third and fourth quarters of fiscal 2008.

Earnings Call Open to Investors

Accuray will hold a conference call for financial analysts and investors today, November 7, 2007 at 2:00 p.m. PT / 5:00 p.m. ET. The conference call dial-in numbers are (888) 812-8518 (USA) or (913) 312-1446 (International), Access Code: 3456588. A live webcast of the call will also be available from the Investor Relations section on the corporate Web site at http://www.accuray.com. In addition, a recording of the call will be available by calling (888) 203-1112 (USA) or (719) 457-0820 (International), Access Code: 3456588, beginning at 6:00 p.m. PT / 9:00 p.m. ET, November 7, 2007 and will be available through November 21, 2007. A webcast replay will also be available from the Investor Relations section of the corporate Web site at

SOURCE Accuray Incorporated
Copyright©2007 PR Newswire.
All rights reserved

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