April 8, 2009
Encision Signs a Non-Exclusive Manufacturing, Supply and
Licensing Agreement With Intuitive Surgical
BOULDER, CO--(April 8, 2009) – Encision Inc. ("Encision")
(OTCBB: ECIA), a medical device company owning patented surgical technology
that is emerging as a standard of care in minimally-invasive surgery,
is pleased to announce that it has entered into a non-exclusive manufacturing,
supply and licensing agreement with Intuitive Surgical Inc. ("Intuitive
Surgical") (NASDAQ: ISRG) for the purchase and use of Encision's
patented AEM® technology with Intuitive Surgical's da Vinci® Surgical
Systems. Encision's agreement with Intuitive Surgical will allow Encision
access beyond conventional laparoscopy to the next generation of minimally
invasive surgery.
"We are excited about partnering with Intuitive Surgical, the world's
leader in surgical robotics," stated Jack Serino, President and
CEO of Encision Inc. "Prior to the agreement, Encision was focused
on conventional laparoscopic surgery. Now, we can expand our technology
into the rapidly growing market segment of laparoscopic robotic surgery."
About Encision:
Encision designs, develops, manufactures and markets innovative surgical
devices that allow surgeons to optimize technique and patient safety
during a broad range of surgical procedures. Based in Boulder, Colorado,
the Company pioneered the development of patented AEM® Laparoscopic
Instruments to improve electrosurgery. For more information, visit Encision's
web site at www.encision.com.
In accordance with the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995, the Company notes that statements in this
press release and elsewhere that look forward in time, which include
everything other than historical information, involve risks and uncertainties
that may cause actual results to differ materially from those indicated
by the forward-looking statements. Factors that could cause the Company's
actual results to differ materially include, among others, its ability
to increase net sales through the Company's distribution channels, insufficient
quantity of new account conversions, insufficient cash to fund operations,
scale up production to meet delivery obligations, delay in developing
new products and receiving FDA approval for such new products and other
factors discussed in the Company's filings with the Securities and Exchange
Commission. Readers are encouraged to review the risk factors and other
disclosures appearing in our filings with the Securities and Exchange
Commission. We do not undertake any obligation to update publicly any
forward-looking statements, whether as a result of the receipt of new
information, future events, or otherwise.
CONTACT: Marcia
McHaffie, Encision Inc., 303-444-2600, mmchaffie@encision.com
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