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Viking Systems, Inc. _________________________________________________________________ Expands
Distribution Network Internationally to Wednesday
February 7, 10:19 am ET Continued
Global Growth of Minimally Invasive Surgery Creates Demand for Viking's
Innovative 3-D Surgical Technology in BB:VKSY.OB
- News), a designer, manufacturer and marketer of high-performance
laparoscopic vision systems for use in minimally invasive surgical
(MIS) procedures, has expanded its international distribution network
by adding a strategic partner in exclusive
agreement with Surgdent Medicare Pvt., Ltd. (``Surdgent''). Surdgent,
based in Pune, India, located 120 kilometers east of Mumbai, is a 15-year-old
organization specializing in the sales and marketing of a complete
range of minimally invasive surgical products and technologies throughout
Viking
and Surgdent will launch their new partnership by jointly participating
in the Annual Congress of Association of Minimal Access Surgeons
(AMASICON) held from February 8-11 in `` the
market is growing over 20% annually,'' said Shirish Joshi, Director at Surgdent.
``Our exclusive agreement to market Viking Systems' 3Di Digital Vision
System allows our hospitals and surgeons to economically obtain the latest
3-D technology today. By naturally and ergonomically restoring depth perception
for minimally invasive surgery, our surgeons will be able to learn the
latest surgical techniques more rapidly and provide the benefits to
patients all over the country.'' `` strong
partner to accelerate our growth with their significant experience and
quality management,'' stated Stephen Heniges, Vice President, Corporate Accounts
and International Business at Viking Systems. ``The additional dimension
of depth perception, which is a critical missing component from traditional
minimally invasive surgery, translates to better patient outcomes
and enhanced surgeon proficiency. Our customers also appreciate the shortened
learning curve for mastering new and complex minimally invasive procedures.'' ``Our 3-D
technology and equipment delivers critical information directly to the
surgeon and operating room team that is unique in the industry,'' concluded
Donald E. Tucker, President and Chief Executive Officer of Viking Systems.
``We are pleased that Surgdent has joined our global distribution network
and we look forward to their success in the rapidly growing minimally
invasive surgical market in Viking
Systems is now represented in nine major markets outside the the
Company will continue to pursue strategic partners in key markets globally. About Surgdent Pvt. Ltd. Surgdent
Medicare Pvt. Ltd. is a 15-year-old organization specializing in marketing
a complete range of minimally invasive surgery products. Surgdent has a
strong sales and service network covering spread
countrywide and also channel partners. Surgdent has a track record of introducing
path-breaking technology at reasonable prices and works closely with many
laparoscopy training centers in About Viking Systems, Inc. Viking
Systems, Inc. is a designer, manufacturer and marketer of FDA-cleared,
CE-marked, high-performance laparoscopic vision systems. The Company's
primary branded product is the EndoSite 3Di Digital Vision System, an
advanced three-dimensional (3-D) vision system used by surgeons for complex
minimally invasive laparoscopic surgery, with an initial focus on applications
in urology, gynecology, bariatrics and general surgery. Viking also
manufactures advanced two-dimensional (2-D) EndoSite 2Di Digital Vision Systems
for targeted configurations and channels, as well as 2-D cameras and components,
sold through strategic partner and OEM programs. 1995:
This press release includes forward-looking statements including, but not
limited to, our ability to execute on our business plan during 2007 and beyond,
our strategic planning and business development plans, our future financing
needs, impacts on our financial results, and our future growth. These
forward-looking statements are subject to a number of risks and uncertainties
that may cause actual results to differ materially from those described
in the forward-looking statements. These risks include, but are not
limited to, our ability to market our products, the success of business development
efforts, competition in the industry, and our ability to manage growth,
as well as the risks and other factors set forth in our periodic filings
with the U.S. Securities and Exchange Commission. |