North American Scientific Inc. Announces The Election Of Two New Board Members And the Closing Of $24 Million Private Placement Of Common Stock

CHATSWORTH, Calif.--(BUSINESS WIRE)--June 15, 2006--North American Scientific, Inc. (Nasdaq:NASI - News), announced today that effective June 13, 2006, Dr. Wilfred E. Jaeger and Roderick A. Young were elected to its Board of Directors. The addition of Dr. Jaeger and Mr. Young was the result of their nomination by Three Arch Partners, who recently invested $10 million as part of a $24 million private placement of the Company’s common stock.

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