Kim Jenkins, Chief Executive Officer of MRI Interventions, said, "This case is representative of the kind of partnerships that drive innovation in our field. Working together, we can help physicians change patients' lives for the better."
About the NeuroBlate System(R)
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The NeuroBlate System is FDA-cleared to ablate, necrotize or coagulate soft tissue encountered in the discipline of neurosurgery through the application of thermal therapy. The NeuroBlate System is a tool, and not a treatment, which is used by physicians to address various medical conditions including brain tumors. This press release discusses glioblastoma multiforme type brain tumors. The NeuroBlate System is not indicated to treat, cure, prevent, mitigate or diagnose any specific disease, including glioblastoma multiforme. Full prescribing information for the NeuroBlate System is available at www.monteris.com.
About Monteris Medical, Corp.
Monteris Medical is a privately held company developing devices for minimally-invasive, MR-guided neurosurgery. Monteris markets the NeuroBlate(R) System for controlled, volumetric ablation of brain lesions. Monteris also offers the AXiiiS(R) Stereotactic Miniframe; a single use platform for image-guided trajectory alignment, and the AtamA(TM) Stabilization System for MR based procedures requiring versatile head fixation. www.monteris.com
About MRI Interventions, Inc.
Founded in 1998, MRI Interventions is creating innovative platforms for performing the next generation of minimally invasive surgical procedures in the brain and heart. Utilizing a hospital's existing MRI suite, the company's FDA cleared and CE-marked ClearPoint(R) system is designed to enable a range of minimally invasive procedures in the brain. In partnership with Siemens Healthcare, MRI Interventions is developing the ClearTrace(R) system to enable MRI-guided catheter ablations to treat cardiac arrhythmias, including atrial fibrillation. Building on the imaging power of MRI, the company's interventional platforms strive to improve patient care while reducing procedure costs and times. For more information, please visit www.mriinterventions.com.
Forward-Looking Statements
Certain matters in this press release may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements often can be identified by words such as "anticipates," "believes," "could," "estimates," "expects," "intends," "may," "plans," "potential," "predicts," "projects," "should," "will," "would," or the negative of these words or other words of similar meaning. Forward-looking statements by their nature address matters that, to different degrees, are uncertain and involve risk. Uncertainties and risks may cause MRI Interventions' actual results and the timing of events to differ materially from those expressed in or implied by MRI Interventions' forward-looking statements. Particular uncertainties and risks include, among others: demand and market acceptance of our products; dependence on collaboration partners; availability of reimbursement from third party payors for procedures utilizing our ClearPoint system; future actions of the FDA or any other regulatory body that could impact product sale; our ability to protect and enforce our intellectual property rights; the impact of competitive products and pricing; the sufficiency of our cash resources to maintain planned commercialization efforts; and the impact of the commercial and credit environment on us and our customers. More detailed information on these and additional factors that could affect MRI Interventions' actual results are described in our filings with the Securities and Exchange Commission, including, without limitation, MRI Interventions' Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 13, 2014. Except as required by law, MRI Interventions undertakes no obligation to publicly update or revise any forward-looking statements contained in this press release to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statements are based.
