Stereotaxis Magnetic Navigation System installed at CHMC, Taiwan

Feb 8 2010

Stereotaxis (Nasdaq: STXS) today announced the installation of its first Stereotaxis Magnetic Navigation System in Taiwan at Cheng-Hsin General Hospital (CHMC) located in Taipei.  CHMC hosted a Grand Opening event on January 26 that received wide coverage throughout the area and, to date, ten procedures have been successfully performed using Stereotaxis at the hospital.

"All too often during interventional procedures, we are required to spend quite a lot of time negotiating tortuous vessels. With the Stereotaxis system, we can get to where we need to go directly, enabling us to deliver therapy easily, in less time and with very low risk of an adverse event," said Dr. Wei-Hsian Yin, Chief of the Division of Cardiology, Cheng-Hsin General Hospital.  "The system also allows us to reduce x-ray exposure and contrast, which is of great benefit to the patient, as well as the physician."

"Asia Pacific represents a strong growth opportunity for the Company, and we are very pleased with our momentum in that region," commented Mike Kaminski, president and chief executive officer of Stereotaxis.  "To date, we have sold 12 systems to hospitals in the region and are increasing our sales focus on Asia Pacific during 2010."