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Accuray Incorporated



Accuray Postpones Release of First Quarter Fiscal 2009 Results



November 28th, 2008

Accuray Incorporated (NASDAQ:ARAY), a global leader in the field of radiosurgery, announced that in conjunction with its independent auditors and legal advisors, the Company is further reviewing financial results for the first quarter of fiscal 2009, ended September 27, 2008.

In response to allegations by a former employee of possible improprieties in handling and accounting for certain inventory items, the Company has commenced an internal investigation into the allegations, using an independent external investigator. The internal investigation is not yet complete, and as a result the Company is not able to release its financial results for the fiscal quarter ended...


Source: Health Business Week (2008-11-28)

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