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MDS Reports Third Quarter 2009 Financial Results
Date:9/10/2009

on contracted with AECL to complete and commission the MAPLE reactors, which were intended to replace AECL's NRU. In May 2008, this project was unilaterally discontinued by AECL and the Government of Canada. MDS has invested over $350 million in the MAPLE project, and believes that the completion of the MAPLE reactors is the best solution to provide global medical isotope supply. MDS Nordion continues to urge the AECL and Canadian government to consult with international experts and obtain their assistance to activate the MAPLE reactors. In this regard, MDS Nordion submitted a proposal to the Government of Canada's Expert Review Panel on Medical Isotope and Technetium-99m Generator Production. The proposal outlines how expertise and guidance from the South African Nuclear Energy Corporation, owner and operator of the SAFARI-I reactor, could help achieve a technically sound and regulatory-approved solution within an estimated 24 months. In addition, MDS Nordion is examining alternative sources for long-term supply and announced two new collaborations in the third quarter. MDS Nordion is working with TRIUMF, Canada's national laboratory for particle and nuclear physics, to study the feasibility of producing a viable and reliable supply of photo fission-based Mo-99. MDS Nordion is also collaborating with the Karpov Institute of Physical Chemistry in Russia to study the feasibility of the Karpov Institute providing a viable and reliable supply of Mo-99.

     MDS Analytical Technologies

                                                                    % Change
    (millions of U.S. dollars)                 Q3 2009    Q3 2008   Reported
    -------------------------------------------------------------------------
    Net revenue                                $    94    $   104       (10%)
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SOURCE MDS Inc.
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