SafeStitch LLC Changes Name To TransEnterix, Inc.

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RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--SafeStitch Medical, Inc. (OTCBB:SFES) (OTCBB:TRXC), which recently merged with TransEnterix, Inc., announced the company’s name has been changed to TransEnterix, Inc. following actions previously taken by its Board of Directors and a majority of its stockholders. The company will begin trading on the OTC Bulletin Board (“OTCBB”) under the new ticker symbol “TRXC,” effective December 9, 2013. The new ticker symbol replaces “SFES” and reflects the combined company’s new name. These changes do not otherwise affect shares of common stock held by the company’s stockholders.

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