Replies to post #4880 on Positron Corporation (POSC)

[roelien]

This may have something to do with why they are ramping up the indiana site:

Positron Recieves Radioactive Materials License from Nuclear
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Positron Recieves Radioactive Materials License from Nuclear Regulatory
Commission

Business Wire

INDIANAPOLIS -- March 01, 2010

Positron Corporation (OTCBB:POSC) a molecular imaging solutions company
focused on Nuclear Cardiology, announced today that the Nuclear Regulatory
Commission has licensed the Positron facility in Fishers, Indiana to handle
radioactive material. Positron Corporation and staff demonstrated the
necessary expertise and protocol to receive this license. A radioactive
material handling license allows Positron to test equipment and develop new
technologies, including pharmaceuticals. “A radioactive material license
directly benefits our current product line and increases our ability to
deliver new technologies,” stated John A. Zehner, Positron Corporation, COO
and Radiation Safety Officer. “The ability to handle radioactive material will
enhance our sales efforts, allow new revenue streams, as well as, offer new
opportunities to partner with pharmaceutical companies, Government agencies,
inventors and universities.”

About Positron: Positron founded in 1983, is a molecular imaging company
focused on Nuclear Cardiology. Positron utilizes its proprietary product line
to provide unique solutions to the Nuclear Medicine community ranging from
imaging systems to radiopharmaceutical distribution. Positron products
include: the Attrius™, a PET imaging device; the Pulse®, a SPECT imaging
device; the Nuclear Pharm-Assist®, an automated radiopharmaceutical
distribution device; and the Tech-Assist™, a radiopharmaceutical injection
shield. Positron is headquartered in Indianapolis, Indiana. More information
about Positron is available at www.positron.com.

Forward Looking Statements: Statements in this document contain certain
forward-looking statements within the meaning of Section 27A of the Securities
Act of 1933 and the Securities Exchange Act of 1934, as amended. These
statements are based on many assumptions and estimates and are not guarantees
of future performance and may involve known and unknown risks, uncertainties
and other factors which may cause the actual results, performance or
achievements of Positron Corporation to be materially different from future
results, performance or achievements expressed or implied by such
forward-looking statements. Our actual results may differ materially from the
results anticipated in these forward-looking statements due to a variety of
factors, including, without limitation those set forth as "Risk Factors" in
our filings with the Securities and Exchange Commission.

For further information please contact Positron Corporation at [phone].

Contact:

Positron Corporation
John Zehner
[phone]
Last Updated: March 1, 2010 13:46 EST


The Altruis PET scanner is manufactured by Neusoft in China through the JV. The Nuclear Pharm Assist is manufactured here in in the US in Indiana through the accusition of Dose Shield Corp (Acquisitions was completed last year July/August 2009). Positron is ready to launch the Cardio-Assist Device - a"virtual compound pharmacy" in the physicians offices. The Cardio Assist will also be manufactured at their Indiana Site.

[R U kidding me]

GOIG, Tkanks for your DD
I got called away, I had rembered reading about the china
joint venture with Neusoft some time back. I took it to be that the product was to be made in china.

Roelien may have it right with the radioactive materials license.

Here is what I read on posc site
Houston, TX — (BUSINESS WIRE) — 10 Feb 2006 — Positron Corporation (OTCBB:POSC - News), manufacturer of positron emission tomography (PET) scanners, announced today that it recently received governmental approval from the People's Republic of China for a joint venture with Neusoft Medical Systems in Shenyang, China. Business for the joint venture called Neusoft-Positron Corporation Co., Ltd. officially commenced on January 18, 2005 with an opening ceremony at the new office in Shenyang, China. Neusoft-Positron Corporation will manufacture all of Positron's PET and PET/CT systems.

Joseph Oliverio, President of Positron said, "The Neusoft Positron Corporation joint venture immediately brings a number of key elements to Positron that will position the Company as a leader in the PET industry. The Neusoft relationship adds valuable software and hardware design development capabilities that will enable Positron to deliver state of the art PET and PET/CT devices. The manufacturing savings realized through the new partnership will dramatically lower our cost of goods, labor rates, and component pricing allowing Positron to be much more efficient and effective in the global marketplace".