February 1991
The Company was founded
as a Colorado corporation under the name, Electroscope
Inc.
While in the R&D stage the Company
spent several years developing the active electrode monitoring
system and protective sheaths to adapt to conventional
electrosurgical instruments.
After conducting product trials and applying for patents
with the U.S. Patent and Trademark Office (USPTO) and international
patent agencies, the Company was issued patents by the
USPTO in 1994, 1997, 1998 and 2002.
August 2000
The name of the Company was changed to Encision
Inc.
February 2002
Novation and Encision
initiated supplier agreement for Encision’s
AEM surgical instruments.
July 2002
Premier and Encision initiated supplier agreement for Encision’s
AEM surgical instruments.
December 2003
Encision received the 2003 Technology Leadership
Award from Frost & Sullivan.
January 2004
Encision was approved for listing
on the American Stock Exchange (AMEX) under the ticker
symbol “ECI”.
February 2004
Encision’s surgical technology was cited in the new
AORN Recommended Practices. The Association of periOperative
Registered Nurses (AORN) concluded that “use of AEM
devices minimizes the chance of injuries from insulation
failure and capacitive coupling.”
April 2004
Encision’s surgical technology was highlighted at
the Society of American Gastrointestinal & Endoscopic
Surgeons (SAGES) conference.
May 2004
A national hospital insurance
carrier, OHIC Insurance Company, recommended the use of
Encision’s electrosurgical technology.
June 2004
Premier and Encision extended
supplier agreement for Encision’s
AEM surgical instruments.
John R. Serino was named Encision’s President and
Chief Executive Officer.
August 2004
Encision moved to a new 20,000-sq. ft. facility.
June 2005
AEM® Technology was acknowledged
at the ECRI Patient Safety Conference.
Encision added two independent directors: Bruce L. Arfmann
and George A. Stewart.
October 2005
Encision launched the enTouch® Handle.
March 2006
Encision executives appeared on ABC affiliate news show.
Encision’s AEM solution was featured in a NY Times
article.
May 2006
The Company’s AEM® monitoring
equipment, which prevents the risk of stray energy burns
during surgery, was demonstrated in a special syndicated
television news feature that aired over five networks in
25 cities nationwide throughout the year.
June 2006
Encision received the Technology
Product of the Year Award from the Colorado Software & Internet
Association.
November 2006
Encision secured a $2 million line of credit facility from
Silicon Valley Bank.
Encision was named Stock of the Month by an investor newsletter, The
Bowser Report.
The Company
added 8,000 sq. ft. to expand its manufacturing capability.
June 2007
Encision announced that it will manufacture its own disposable
scissor inserts.
