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Former Federal Reserve Chairman Paul Volcker To Join Board of Directors of Still River Systems

LITTLETON, Mass., March 5 /PRNewswire/ -- Effective February, 2008, Mr. Paul Volcker has joined Still River Systems as a member of the Board of Directors. Mr. Volcker is well known for his service as Chairman of the Federal Reserve from 1979 until 1987.

In addition to Mr. Volcker's election, the Still River Systems Board also elected Dr. Jay Rao as a member. Dr. Rao is a Portfolio Manager at Seneca Capital, an investment firm in New York, where he leads the firm's healthcare investments. Dr. Rao is a graduate of Duke University School of Medicine and Law, and maintains a clinical appointment at Bellevue Hospital in NYC and a faculty appointment at NYU School of Medicine.

Mr. Volcker and Dr. Rao will join the current members of the Still River Systems' Board, Mr. Marc Buntaine, CEO, Dr. Kenneth Gall, Founder and CTO, Mr. Keith Gollust, and Mr. Robert Wilson, Chairman of the Company. Mr. Wilson joined the Board in 2004, after serving as Vice Chairman of the Board of Directors at Johnson & Johnson from 1989 to 2003. Mr. Wilson retired from Johnson & Johnson in 2003.

About Still River Systems

Still River Systems, based in Littleton, Massachusetts, is dedicated to providing physicians and their patients access to high quality, cost-effective proton therapy solutions, and to helping establish this superior treatment modality as a standard of care for patients worldwide. Still River Systems is developing the Monarch250, an affordable and compact proton therapy system for cancer treatment. For more information on Still River Systems and the Monarch250 Proton Therapy System, please call 978-540-1500 or visit their website @

SOURCE Still River Systems
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