SAN DIEGO, Aug. 30, 2007 (PRIME NEWSWIRE) -- Viking Systems, Inc. (OTCBB:VKSY), a designer, manufacturer and marketer of high-performance laparoscopic vision systems for use in minimally invasive surgical (MIS) procedures, has signed an exclusive distribution agreement with Coherent-AMT to market Viking's 3Di Vision Systems throughout Canada.
Coherent-AMT has been a medical distributor of innovative technology solutions since 1990 and has earned a superior reputation for its dedication to the Canadian health care community (hospitals and clinics) within the aesthetic, ophthalmic and surgical marketplaces.
"We are pleased to announce our partnership with Viking Systems," said Joseph Arango, vice president, medical for Coherent-AMT. "Viking's technology leap in 3D surgical visualization technology will enhance patient outcomes with increased patient comfort. This technology has already been adopted by over 100 hospitals globally and is continuing to gain momentum.
"With the addition of 3Di Vision Systems to our current surgical product portfolio we will be able to support an increased interest in 3D technology for minimally invasive surgery and will enable surgery centers and hospitals to offer leading-edge technologies to their communities. We are excited about our opportunity to better serve the Canadian market with this incredible technology," added Mr. Arango.
"Complex minimally invasive surgery is rapidly growing in the Canadian market and our partnership with Coherent-AMT will accelerate the associated benefits by providing natural 3D vision to the surgical team. This important depth perception will provide surgeons with added confidence especially when operating near critical anatomical structures," stated Stephen Heniges, Viking's senior vice president, global marketing and clinical development. "Coherent-AMT has experienced clinical and commercial success representing over 40 technologies. We consider this partnership the perfect vehicle for our proprietary vision technology and expect rapid acceptance and growth in the Canadian marketplace."
About Viking Systems, Inc.
Viking Systems, Inc. is a designer, manufacturer and marketer of FDA-cleared, CE-marked, high-performance laparoscopic vision systems. The Company's primary branded product is the 3Di Vision System, an advanced three-dimensional (3D) vision system used by surgeons for complex, minimally invasive laparoscopic surgery, with an initial focus on applications in urology, gynecology, bariatric and general surgery. Viking also manufactures advanced two-dimensional (2D) 2Di Vision Systems for targeted configurations and channels, as well as 2D cameras and components, sold through strategic partners and OEM programs.
About Coherent-AMT
Coherent-AMT is a medical distributor of innovative technology solutions and has been operating in Canada since 1990. They are Canada's largest private medical device provider offering national service support (over 30 in-field trained technicians) and 7 clinical trainers for hands-on training. They have gained a superior reputation for their dedication to the Canadian health care community (hospitals and clinics) within the aesthetic, ophthalmic and surgical marketplaces.
Statements contained in this press release regarding matters that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Such statements include, but are not limited to, statements regarding Viking's goals, its prospects for growth and its marketing efforts. Risks that contribute to the uncertain nature of the forward-looking statements include: risks related to the effectiveness of its marketing program, its ability to continue to obtain funding, its ability to maintain sales momentum, and costs associated with internal development, partnership and in-licensing activities. These and other risks and uncertainties are described more fully in Viking's most recently filed SEC documents, including its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, under the headings "Risk Factors." All forward-looking statements contained in this press release speak only as of the date on which they were made. Viking undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.