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|Intuitive Surgical to Begin Direct Sales of da Vinci(R) Surgical Systems in Japan|
A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=26248.
Intuitive Surgical and Adachi will work together to ensure da Vinci customers in Japan experience a smooth transition. In addition, Intuitive Surgical will offer employment to a number of Adachi employees who have experience with the da Vinci business. These employees will be added to Intuitive Surgical's existing regulatory team, call center and other departments to further strengthen the highly capable organization.
"Adachi has made a significant contribution to da Vinci Surgery in Japan, establishing the da Vinci Surgical System in the Japanese market," said Gary Guthart, Intuitive Surgical President and Chief Executive Officer. "We are thankful for their contributions. This agreement allows Intuitive Surgical to increase our interaction and collaboration with Japanese customers and is another step in building our long-term capabilities in Asia."
"Japan is a significant country for Intuitive Surgical," said Jeroen M.M. van Heesewijk, Intuitive Surgical Asia Pacific Vice President. "It is the second largest medical device market in the world and an area where we currently have more than 150 customers. With a direct team in Japan, we seek closer collaboration with Japanese customers, surgical societies and leading healthcare providers."
Intuitive Surgical has worked directly with Japan's regulatory body, the
The terms of the arrangement were not disclosed and are not expected to have a material impact on Intuitive Surgical's results of operations.
About the da Vinci Surgical System
The da Vinci Surgical System is a surgical platform designed to facilitate surgery using a minimally invasive approach. The da Vinci Surgical System consists of one or two ergonomic surgeon consoles, a patient-side cart with three or four interactive arms, a 3D HD vision system and proprietary EndoWrist® instruments.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are necessarily estimates reflecting the best judgment of our management and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. These forward-looking statements should, therefore, be considered in light of various important factors, including those under the heading "Risk Factors" in our annual report on Form 10-K for the year ended