Mazor Robotics Signs Purchase Agreement for the First Renaissance System in the Houston, Texas Market

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CAESAREA, Israel, Dec 12, 2011 (BUSINESS WIRE) — Mazor Robotics Ltd. (tase:MZOR), the leader in innovative surgical robots and complementary products for spine surgery, signed an agreement for the purchase of a Renaissance(TM) system with Richard R. M. Francis, MD, of Spine Associates of Houston and the Houston Orthopedic and Spine Hospital, formerly known as Foundation Surgical Hospital, in Bellaire, Texas. The Renaissance is Mazor’s next generation robotic guidance system for spine surgery. Dr. Francis, a surgeon well known for expertise in correcting scoliosis and other deformities of the spine, plans to begin performing spine surgeries with the Renaissance system at Houston Orthopedic and Spine Hospital before the end of the year.

“When I saw the Renaissance at NASS 2011, I was immediately impressed,” said Dr. Francis. “After my due diligence I am convinced that the Renaissance system’s exceptional accuracy and safety will enhance outcomes for my patients, particularly for those with advanced deformities and severe scoliosis.”

“We are very excited to have this installation at Houston Orthopedic & Spine, the first in the strategically important Houston market,” said Ori Hadomi, CEO of Mazor Robotics. “Sales momentum and interest continues to build in the U.S. market. This installation closely follows others at leading centers for spine surgery in the U.S. We are finding that surgeons and administrators are very well informed about Renaissance and appreciate how it can help to distinguish their centers as well as improve outcomes for their patients. Additionally, we are very pleased to be working with Dr. Francis and his team at Spine Associates of Houston.”

The Renaissance system consists of a robotic device that mounts above a patient’s spine, as well as a workstation running advanced surgical planning software. The system has been clinically proven to increase the accuracy of spinal implants and significantly lower rates of misplaced screws and the resulting neurological deficits. Investigators of a recent 14-site international multicenter study published in Spine concluded that Mazor Robotics’ technology “offers enhanced performance in spinal surgery when compared to freehand surgeries, by increasing placement accuracy and reducing neurologic risks.” For patients, this translates to fewer complications and revisions. The minimally invasive technique contributes to a faster recovery, with less pain and scarring. Additionally, the use of Renaissance minimizes radiation exposure for the patient, surgeon and entire operating room team while in surgery.

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 OR staff. Mazor Robotics’ flagship product, Renaissance(TM), 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 12,000 implants in the USA and Europe. Multiple 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

SOURCE: Mazor Robotics Ltd.

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