Computer Motion Announces Grand Opening of European Subsidiary and Sales Office.SANTA BARBARA, Calif.--(BUSINESS WIRE)--April 20, 1998-- Company to Collaborate With Premier European Training Institute for Surgeon Education of New, Advanced Technologies for Minimally Invasive Surgery minimally invasive surgery Laparoscopic surgery, see there. See Laparoscopic cholecystectomy. Computer Motion Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on National Market: RBOT RBOT Rotating Bomb Oxidation Test ) Monday announced the official opening of Computer Motion, S.A., the company's first European subsidiary and sales office, located in Strasbourg, France. The new operation will be responsible for sales and marketing in Europe, the Middle East and Africa Europe, the Middle East and Africa, usually abbreviated to EMEA, is a regional designation used for government, marketing and business purposes. It is particularly common amongst North American based companies, who often divide their international operations into the . Computer Motion, S.A. is located at the Digestive Cancer Research Institute (IRCAD IRCAD Institut de Recherche contre les Cancers de l'Appareil Digestif (French: Institute for Research into Cancer of the Digestive System, France) ) and European Institute of Telesurgery (EITS EITS Enterprise Information Technology Services EITS Explosions in the Sky (band) EITS Eye in the Sky ), a world-class surgeon training center which has partnered with Computer Motion to develop collaborative training programs for endoscopic surgical techniques. Computer Motion's AESOP Aesop (ē`səp, ē`sŏp), legendary Greek fabulist. According to Herodotus, he was a slave who lived in Samos in the 6th cent. B.C. and eventually was freed by his master. , HERMES Operating Room Control Center and ZEUS Robotic Surgical System product families will all be utilized in these programs to allow surgeons to become proficient in the use of these technologically advanced products for endoscopic procedures. Professor Jacques Marescaux, M.D., Ph.D., Department Head of Digestive and Endocrine Surgery and President of IRCAD - EITS, said, "We are excited about partnering with Computer Motion to bring cutting-edge endoscopic surgical technology to Europe to be implemented as a core element of our advanced surgeon training curriculum. "Computer Motion's computerized and robotic surgical systems are a strong fit with our mission to prepare surgeons with the knowledge and tools necessary to provide quality carel weeks. Robert W. Duggan, chairman and CE "We are pleased to be partnering with the world-renowned I RCAD RCAD Ringling College of Art and Design (Sarasota, Florida) RCAD Raining Cats and Dogs RCAD Randolph County Ambulance District (Moberly, Missouri) RCAD Rochester Civic Association of the Deaf - EITS facility and look for this partnership to accelerate Computer Motion's ability to reach and train a broader customer base and support pre-clinical and clinical product development abroad. Computer Motion in conjunction with IRCAD - EITS will begin to establish the necessary infrastructure for surgeon education and training on our products." Computer Motion, the world leader in medical robotics, develops, manufactures and markets proprietary robotic and computerized surgical systems for the operating room. The company's mission is to enhance surgeons' capabilities, improve outcomes and reduce costs using computers and robotics. The company currently markets AESOP, a surgical robot capable of positioning an endoscope endoscope, any instrument used to look inside the body. Usually consisting of a fiber-optic tube attached to a viewing device, endoscopes are used to explore and biopsy such areas as the colon and the bronchi of the lungs. in response to a surgeon's verbal commands. The company is developing new products that leverage the core technologies underlying the AESOP family of products: the ZEUS Robotic Surgical System for new minimally invasive microsurgery microsurgery or micromanipulation Surgical technique for operating on minute structures, with specialized, tiny precision instruments under observation through a microscope, sometimes equipped with cameras to show the operation on a monitor. procedures such as endoscopic coronary artery bypass grafting (E-CABG); and the HERMES OR Control Center, a centralized control and operating system designed to control an integrated network of "smart" operating room devices through a surgeon's voice commands. The company's Internet Web site is www.ComputerMotion.com. -0- This news release contains forward-looking statements concerning the company's business and products. Actual results may differ materially depending on a number of risk factors, including the risk of clinical success, regulatory approval and physicians' and/or payors' acceptance of the company's products. Other risks inherent in the company's business are described in the company's Securities and Exchange Commission filings, including its Annual Report on Form 10-K. The company undertakes no obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. CONTACT: Computer Motion Inc., Santa Barbara Stephen L. Wilson, 805/968-9600, ext. 155 Holley Malia, 805/968-9600, ext. 179 |
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