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Varian Medical Systems Schedules News Release/Conference Call to Discuss Results of the First Quarter of Fiscal Year 2002

PALO ALTO, Calif., Dec 24, 2001 (BUSINESS WIRE) -- Varian Medical Systems (NYSE: VAR) announced today that it will report financial results for the first quarter of its fiscal year 2002 following the close of regular trading on Wednesday, January 30, 2002. The news release will be followed by a teleconference available to all interested parties at 2:00 p.m. PST.

The Varian Medical Systems Quarterly Results may be accessed via:

News Release: Visit the Varian website at, or contact Anne Rambo via phone at 650-424-5834 or via e-mail at to have a copy of the news release faxed.

Teleconference: Dial 719-457-2693 and enter confirmation code 743802 prior to the start of the call at 2:00 p.m. PST/5:00 p.m. EST. *Note: If the number of lines allocated to the call are exhausted, the webcast or replay should be utilized.

Internet Simulcast:

Replay: The teleconference will be rebroadcast until 5:00 p.m. PST, Friday, February 1, 2002 and can be accessed by:

-- Dialing 719-457-0820 and entering access code 743802 or

-- Clicking on the "Quarterly Conference Call" icon on the company's website.

Additional information on Varian Medical Systems may be obtained on the company's website.

Varian Medical Systems, Inc., (NYSE:VAR) of Palo Alto, California is the world's leading manufacturer of integrated cancer therapy systems. The company is also a premier supplier of X-ray tubes and flat-panel digital subsystems for imaging in medical, scientific, and industrial applications. Varian Medical Systems employs approximately 2,570 people who are located at manufacturing sites in North America and Europe and in its 50 sales and support offices around the world. In its most recent fiscal year ended September 28, 2001, Varian Medical Systems reported sales of $774 million.

CONTACT: Varian Medical Systems Spencer Sias, 650/424-5782

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Production of any of the material contained herein in any format or media without the express written permission of Varian Medical Systems is prohibited.

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