Real-Time Radiography, Inc. – Exxim Computing Corporation

Merger Completed

- Transaction Expands X-Ray Imaging Capabilities

- Headquarters located in Pleasanton, California

Pleasanton, CA - Real-Time Radiography, Inc. (RTR) announced today that it has completed its merger with Exxim Computing Corporation of Pleasanton, CA. The combined company, headquartered in Pleasanton, CA, will continue to conduct a portion of its research and development activities in Israel. The surviving company is Real-Time Radiography, Inc., incorporated in Delaware. RTR is a developer of flat-panel detector panels used in digital X-ray systems sold to OEM medical imaging companies.

“The merger accelerates our ability to develop and bring to market our novel flat panel X-ray detector systems that will provide faster real-time digital imaging, with higher resolution, 50% lower radiation dosing levels, at a price that is 30-50% lower than currently available alternatives,” said Shaul Dukeman, President and CEO of Real-Time Radiography. “Our products will address a market of over $1 billion annually in medical imaging applications such as: vascular and cardiovascular, gastrointestinal, orthopedic, urologic, and surgical. These systems also have significant potential applications in the homeland security and non-destructive testing markets.”

Horst Bruning Ph.D., formerly the majority shareholder of Exxim, becomes President of RTR’s Complementary Metal-Oxide Semiconductor (CMOS) Division as a result of the merger.

Dr. Bruning said, “This merger combines two key proprietary technologies for improved digital imaging -- Exxim’s CMOS-based readout circuitry and RTR’s Mercuric-Iodide coatings. Together these technologies have the potential for dramatic price/performance improvement in digital imaging, particularly for the type of continuous dynamic digital imaging commonly known as fluoroscopy.”

RTR also announced the commencement of a new financing round to further support its strategy of developing turn-key subsystem solutions for the OEM medical imaging industry based on its proprietary technologies. Current investors include a multi-national combination of sophisticated private and institutional investors. The financing round is being managed by Ambient Advisors, LLC, an investment banking and venture investment company based in Los Angeles, California.

Thursday May 1, 8:14 am Eastern Time Press Release

Real-Time Radiography Completes $2.25M Financing Round

Jerusalem, Israel -- Real-Time Radiography Ltd. today announced the completion of a $2.25 million round of financing. The round included venture capital firms and private investors experienced in Israeli medical imaging company investments, as well as Real-Time Radiography's previous investors, including Millennium Materials Technologies Fund II, Risk Venture Capital, First IsraTech Fund, Maniv BioVentures and Denali Ventures.

The round was directed by the TopNotch Capital investment bank, under the management of Mr. Udi Gilboa, who specializes in fundraising for Life Sciences companies. It took place after a company reorganization that included a change in business strategy, together with the appointment of Mr. Shaul Dukeman as the new Chief Executive Officer. Mr. Dukeman is a former Senior Corporate Vice-President of Elscint Ltd., former President and CEO of CMT Medical Technologies Ltd. and co-founder of TopSpin Medical Inc., another digital imaging firm.

Mr. Dukeman said, "This round of funding is just the first stage towards enabling our world-class development staff to make the RTR detector the industry gold standard of digital radiography detectors." He explained that the next-generation direct Digital Radiography (DR) detector will enable production of digital X-ray pictures in real time and with high resolution, in both dynamic (fluoroscopic) and static imaging applications. Based on RTR's proprietary mercuric iodide X-ray photoconductor technology, the detector's uniqueness lies in its sensitivity, which allows significantly lower dosages of radiation without sacrificing image quality. Such detectors serve as the central element of modern X-ray systems for medical imaging, Non-Destructive Testing (NDT) in such industries as aeronautics and semiconductors, and likewise for use in security systems such as airport luggage scanners.

Real-Time Radiography's detectors are currently being tested by leading companies around the world, which are examining the possibility of incorporating them into their own products.

Thursday October 17, 8:03 am Eastern Time Press Release

Real-Time Radiography Appoints Shaul Dukeman as New CEO

Jerusalem, Israel -- Real-Time Radiography, Ltd. announced today that it has been successful in recruiting Mr. Shaul Dukeman as Chief Executive Officer. Mr. Dukeman brings more than 35 years of experience in the medical imaging industry, most of it as a senior executive. After 26 years at Elscint Ltd. he retired as a Senior Vice-President, having also served as President of daughter company Elscint Inc. He has since co-founded TopSpin Medical Inc., another digital imaging firm, while his leadership has turned around CMT Medical Technologies to become a significant supplier of digital imaging engines for digital X-ray equipment.

Mr. Dukeman said, "In today's difficult economic climate, only the excellent survive, and it is for this reason I was drawn to Real-Time Radiography, which combines an excellent R&D team with development of a product that will best fill a clear market gap".

Shaul Dukeman is replacing outgoing CEO Dr. Don Korn. Dr. Korn has steered the Company as CEO throughout its period of development and growth, and will be assisting Mr Dukeman in the transition process during the coming months. The Company is also exploring with Dr. Korn how best his decades of experience, leadership and knowledge can continue to be of benefit as RTR progresses through its upcoming product and sales stages.

About Real-Time Radiography

Real-Time Radiography develops next generation direct Digital Radiography (DR) detectors based on its proprietary mercuric iodide X-ray photoconductor technology. The company manufactures unique detectors that are capable of operating both in dynamic (fluoroscopic) and in static imaging applications. The detector's exceptional sensitivity to X-rays, significant cost advantages, and low voltage operation make it unsurpassed in providing high image quality at low doses of radiation and at a reduced expense to the end user.

Monday June 25, 8:11 am Eastern Time Press Release

Real-Time Radiography Forms Strategic Advisory Board, Elects New Board Member, Grows To Meet Industry Demand

SANIBEL, Fla., June 25 /PRNewswire/ -- Real-Time Radiography (formerly R3 Real-Time Radiography Readout) announces the creation of a Strategic Advisory Board directed by a recognized leader in the radiology community, Dr. David Gur. ``Serving as Chairman of this board provides a unique opportunity to become directly involved in what I believe to be the most promising digital detector under development'' said Dr. Gur, Vice Chairman of the Department of Radiology and Senior Vice President of Commercial and Technological Development at the University of Pittsburgh Medical Center Health System.

The company has also elected Dr. Brian Lentle, Emeritus Professor of Radiology at the University of British Columbia and RSNA Board Member, to its Board of Directors. Dr. Lentle recently stated ``The radiology community is undergoing a period of rapid evolution from analog to digital detectors and film replacement appears to be a crucial step in modernizing radiology departments. Real-Time Radiography is poised to be a leader in this field, and I am happy to support such efforts.''

``We have had to make quite a number of changes in order to maintain our leadership position in the field of digital radiography. Specifically, we have grown our workforce by 75% and virtually doubled our facility over the last several months'' explained Dr. Don Korn, CEO of the company. ``We have also updated the company name in order to make ourselves and our technology more convenient for strategic and corporate contacts to use and remember. This is especially important as our technology has recently received unprecedented industry attention.''

Real-Time Radiography develops next generation direct Digital Radiography (DR) detectors based on its proprietary mercuric iodide x-ray photoconductor technology. The company manufactures unique detectors that are capable of operating both in dynamic (fluoroscopic) and in static imaging applications. The detector's exceptional sensitivity to x-rays, significant cost advantages, and low voltage operation make it unsurpassed in providing high image quality at low doses of radiation and at a reduced expense to the end user.