"This video clearly illustrates the incredible dexterity of the instruments of the SPORT™ Surgical System. The bottle neck entry and the bead stringing exercise performed by the SPORT™ Surgical System is evidence of how this robotic surgery system will be able to successfully complete intricate complex surgical procedures in a small body cavity space. Such flexibility is expected to result in the SPORT™ Surgical System becoming the surgical system of choice for surgeons and hospitals in the United States and the European Union," stated Titan CEO John Hargrove.
Titan is now solely focused on the SPORT™ Surgical System given its greater flexibility, lower price and smaller footprint compared to the currently available robotic system. Going forward, all Titan's efforts will be concentrated on developing and commercializing the SPORT™ Surgical System by 2015. Consequently, Titan has placed Amadeus, its multi-port surgical system, on the back burner.
Ximedica is a full service ISO 13485 certified and FDA registered product development firm with an exclusive focus on medical products. With more than 25 years of experience developing medical devices, combination products and consumer healthcare products, Ximedica's client base spans the globe and ranges from start-ups to the world's largest medical device manufacturers. Ximedica's mission is to create products that meet international regulatory requirements and strategic business goals. For more information, visit the Company's website atwww.ximedica.com.
About Titan Medical Inc.
Titan Medical Inc. is a Canadian public company (TSX VENTURE:TMD)(OTCQX:TITXF) focused on the design and development of a robotic surgical system for application in minimally invasive surgery ("MIS"). The Company's robotic surgical system, currently under development, comprises a surgeon-controlled robotic platform that includes a 3D vision system and interactive instruments for performing MIS procedures, and a surgeon workstation that provides the surgeon with an interface to the robotic platform for controlling the interactive instruments and providing a 3D endoscopic view of inside a patient's body during MIS procedures. The robotic surgical system is being designed to expand robotic surgery into areas of surgical specialties and simple and complex procedures that are currently under-serviced, and to allow surgeons to perform procedures within small to medium size surgical spaces such as general surgery and cholecystectomy. For more information, visit the Company's website at www.titanmedicalinc.com.
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