DAVIS, Calif., Dec. 15 /PRNewswire-FirstCall/ -- Integrated Surgical Systems, Inc. (Pink Sheets: RDOC), a world leader in medical robotics and a leader in image-directed, semi-autonomous robotic products for surgical applications, announced today that it has signed an agreement with FUJIFILM Medical Systems, USA (Fuji) to purchase certain additional technology and marketing rights for the PACS market only to those already granted under the current product development agreement.
Although the details of the agreement were not disclosed, Dr. Ramesh Trivedi, President & CEO of ISS, stated, “We believe that this agreement will benefit ISS. This increased awareness on the part of orthopedic surgeons will certainly lead to increased and rapid sales of our ROBODOC System.”
“In November 2003, ISS and Fuji entered into an agreement to develop a 2D/3D (two/three dimensional) orthopedic surgical planning software system to be integrated into Fuji’s Synapse System. During the ensuing period, both parties decided to further solidify their relationship where upon Fuji would purchase the rights to use key underlying technologies and patents from ISS,” commented Dr. Ramesh Trivedi.
Integrated Surgical Systems designs, manufactures, sells and services image-directed, computer controlled robotic products for use in orthopedic and neurosurgical procedures. Our ROBODOC(R) Surgical Assistant System is the world’s leading robotic system for hip and knee replacement surgery. Our neurosurgery system is the first robotic technology based system for use in stereotactic brain surgery.
Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements that involve risks and uncertainties, including the timely development and market acceptance of new products and upgrades to existing products, the impact of competitive products and pricing, and other risks detailed from time to time in the company’s filings with the Securities and Exchange Commission (SEC).
NOTE: ROBODOC(R) is a registered trademark of Integrated Surgical Systems, Inc.
Integrated Surgical Systems, Inc.
CONTACT: Ramesh C. Trivedi, Ph.D. - President and CEO, or Chuck Novak -CFO, +1-530-792-2600, both of Integrated Surgical Systems, Inc.
Web site: http://www.robodoc.com/