May 9 (Reuters) - American Shared Hospital Services ( AMS )

:

* AMERICAN SHARED HOSPITAL SERVICES ANNOUNCES CLOSING OF

ACQUISITION OF 60% MAJORITY INTEREST IN THREE RADIATION THERAPY

CANCER CENTERS IN RHODE ISLAND

* AMERICAN SHARED HOSPITAL SERVICES ( AMS ) - DEAL ADDS $9-$10

MILLION IN

ANNUAL REVENUE WITH POSITIVE NET INCOME CONTRIBUTION

* AMERICAN SHARED HOSPITAL SERVICES ( AMS ) - ACQUISITION MORE THAN

DOUBLES BACKLOG TO OVER $210 MILLION

* AMERICAN SHARED HOSPITAL SERVICES ( AMS ) - ANNOUNCED THAT ITS

PROJECTED

REVENUE BACKLOG HAS MORE THAN DOUBLED TO OVER $210 MILLION WITH

THIS ACQUISITION

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