Mazor Robotics Receives Second Renaissance System Order from India Business Partner Advanced Medical Systems

Mon May 6, 2013 4:00am EDT

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Mazor Robotics Receives Second Renaissance System Order from India Business Partner Advanced Medical Systems

Renaissance System to be Installed in Newly-Opened Orthopaedic & Spine Hospital in New Delhi

Mazor Robotics Ltd. (TASE:MZOR), a developer of innovative surgical robots and complementary products, today announced that Advanced Medical Systems PTE Ltd. (AMS), Mazor’s business partner in India, place an order for a Renaissance™ system. The system will be used in Nova Medical Centers at its Nova Orthopaedic & Spine Hospital, a newly-opened hospital in New Delhi to treat patients with spinal misalignments. This system marks the second Renaissance system in India following highly successful start at India’s largest hospital chain-Apollo Hospitals in Chennai.

Nova Medical Centers is the parent Company of Nova Specialty Surgery and Nova IVI Fertility. It currently has ten Specialty Surgery Centers and five In-Vitro Fertilization (IVF) Clinics. Nova Specialty Surgery develops, acquires, owns and operates short-stay surgical centers in partnership with surgeons across India and the Middle East (in partnership with the OMZEST group). Nova provides leading surgeons from diverse specialties with comprehensive ultra-modern facilities comprising doctor’s offices, operating rooms, pre and post operative rooms, diagnostics, imaging, health check-up area and a pathology laboratory. Nova’s innovative health services model offers unparalleled quality and affordability.

“This system represents Mazor’s second project in India, but given the high efficacy of Mazor’s Renaissance™ system and a desire by hospitals to provide its patients with the best procedural outcomes, I believe this sets out a much larger installed base,” expressed Romesh Kaul, President and Chief Executive Officer of AMS. “Dr. Harsha Hedge, one of India’s renowned and experienced orthopedic surgeons, will be using the system. With his well-earned reputation, he will lead the benefits of using Mazor’s Renaissance™ system in North India for the first time.”

“Nova Medical is one of India’s leading healthcare providers, working in partnership with doctors to ensure patients come first and that the most advanced services and technologies are employed for better patient outcomes,” stated Ori Hadomi, Mazor’s CEO. “By selecting to use our Renaissance™ system, Nova is maintaining this commitment and we are confident that our relationship with them will only strengthen going forward. Additionally, we are especially pleased to have a wonderful business partner in AMS which worked closely with Nova management to consider 2 projects starting with Delhi. Together Mazor & AMS will continue to identify new opportunities to advance our business objectives.”

Dr. Harsha Hegde has a rich experience of more than 20 years in the field of Joint Arthroplasty Surgeries, Spinal surgeries, and also in treating Trauma cases. He has not only gained expertise by training but also by treating thousands of patients every year. To his credit he has done more than 4000 joint replacement surgeries & around 2500 spine surgeries in the last ten years with high success rate. Today, he is considered as one of the most admired surgeons in this field in North India.

Renaissance, Mazor Robotics’ next generation surgical guidance system for spine procedures, is transforming spine surgery from freehand operations to highly-accurate, state-of-the-art procedures, with less radiation – even for minimally invasive surgery, scoliosis, and other complex spinal deformity cases. It is the only robotic technology for spine surgery available in the marketplace.

About Mazor

Mazor Robotics (TASE: MZOR) is dedicated to the development and marketing of innovative surgical robots and complementary products that provide a safer surgical environment for patients, surgeons, and operating room staff. Mazor Robotics’ flagship product, Renaissance™, is a state-of-the-art surgical robotic system that enables surgeons to conduct spine surgeries in an accurate and secure manner. Mazor Robotics systems have been successfully used in the placement of over 35,000 implants in the United States and Europe. Numerous peer-reviewed publications and presentations at leading scientific conferences have validated the accuracy, usability, and clinical advantages of Mazor Robotics technology. For more information, please visit www.mazorrobotics.com.

About Advanced Medical Systems

Founded in 1988, Advanced Medical Systems Pte Ltd (“AMS”) is an established medical devices organization offering innovative multi-disciplinary solutions for centers of excellence across the Asia Pacific region in Radiology, Neurosciences, Orthopedics & Oncology. It is the only organization of its kind to offer a complete range of services required for turnkey facility planning, technology implementation, training, management and finance. Headquartered in the Republic of Singapore, AMS directly serves the Asia/Pacific healthcare markets with operating bases and highly training personnel in Australia, Malaysia, Singapore and India for advanced imaging and minimally invasive therapy systems and services.

For more information visit Advanced Medical Systems at www.amssg.com or via Facebook at www.facebook.com/amssg.

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