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US HIFU Names New Chief Executive Officer
Date:1/6/2012

Mr. Klein commented, "The promise of HIFU, as a precise, yet non-invasive treatment for prostate disease, is a technology that has clearly come of age. Emerging methods of care ranging from active surveillance to focal therapy serve as compliments to existing prostate treatments and provide new treatment options for clinicians and offer a broader range of treatment choices for patients. I couldn't be more excited to be joining US HIFU at this mission critical point in the development and adoption of this important technology."

Mr. Klein has a strong background in oncology in addition to his medical device experience. He served as president and CEO of Xoft, Inc., a position he held from 2005 until the sale of Xoft to iCAD, Inc. in December 2010. Mr. Klein led the development, approval and commercialization of Xoft's non-radioactive x-ray technology for radiation therapy for various cancers. He continues to serve on iCAD's board of directors. In 2008, while with Xoft, Mr. Klein received R&D Magazine's "Top 100 Award" which honors the 100 most technologically significant new products each year.

From 2000 to 2004, Mr. Klein served as chairman, president and CEO of R2 Technology, a company that produced computer-aided breast and lung cancer detection devices. R2 Technology was acquired by Hologic, Inc. He served as general manager of Varian Medical Systems' oncology group from 1997 to 2000, where he managed businesses ranging from $25 million to $250 million. Mr. Klein served on the board of directors of Sanarus Medical, a breast biopsy and cryoablation company focused on the treatment of fibroadenomas.

US HIFU makes the Sonablate HIFU treatment available to patients with prostate cancer in locations where it is approved or authorized and commercially available, such as Canada, Mexico, Bermuda and the Bahamas. London-based UKHIFU, Ltd (UK HIFU), another of the company's subsidiaries, distributes the Sonablate in Europe and Russia.


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