Viking Systems, Inc. Plans to Acquire Tuebingen Scientific Medical; Exploring Financing Options

SAN DIEGO, Aug. 20, 2007 (PRIME NEWSWIRE) -- Viking Systems, Inc. (OTCBB:VKSY), a designer, manufacturer and marketer of high-performance laparoscopic vision systems today announced it has signed a letter of intent to acquire Tuebingen Scientific Medical GmbH, a Germany-based developer of articulating surgical instrumentation for minimally invasive surgery (MIS). Tuebingen Scientific Medical markets its instruments under the brand name 'Radius'. Terms of the transaction were not disclosed.
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