Day: March 27, 2023

Posted on

Webtel.mobi publishes a detailed article on the current Global Liquidity and Banking Crisis, with links to Source Documents illustrating these Crises’ traditional Causes, Durations and potential Remedies / Havens

Run on Mandel Bank East Side Bank

Systemic vulnerabilities that caused banking and financial crises remain the same today as in previous eras

In the wake of the Silicon Valley Bank and Credit Suisse Global scenarios, Global Telephony Provider Webtel.mobi has published a detailed article describing the historical causes and durations of such crises, as well as illustrating which structures and methodologies – including use of its own Global Clearing System equivalent – have been proven to provide Systemic Stability and Liquidity, and Safe Havens, during times of Economic and Financial turbulence

LONDON and NEW YORK, March 27, 2023 (GLOBE NEWSWIRE) —

Run on Mandel Bank East Side Bank

Systemic vulnerabilities that caused banking and financial crises remain the same today as in previous eras

The current and potentially worsening international liquidity crisis – affecting banks, businesses and people alike due to rising interest rates, costs, inflation and depreciations in currencies’ values – shows no signs of ending or being controlled in the short to medium term.

The causes and effects of this crisis, reverberating through the global financial system, are being widely debated, while all those affected look for indicators of how to assess potential remedies currently and in the future, as well as safe havens or strategies through which to shore-up or protect their current asset bases.

In the wake of the recent Silicon Valley Bank and Credit Suisse scenarios, and the resulting worsening of the global liquidity crisis, Global Telephony Provider Webtel.mobi and its US subsidiary WM Holdings Inc. have published a wide ranging and detailed article, detailing the historical causes and remedies of crises such as the current one, and also describing a potential safe haven methodology for securing stability and/or liquidity in the current situation.

With hyperlinked text leading to source articles and information on the background, history, phases and duration of such Crises – as well as details on potential sources of stability and liquidity in such periods – the article has now been made available for public access at the url: https://webtel.mobi/pc/info/Systemic-Stability-and-Liquidity-Structure

Webtel.mobi and its US subsidiary WM Holdings Inc. are the companies that have developed the world’s first proven and fully functional multicurrency Digital Currency / CBDC equivalent, as well as a Global Clearing System – similar in structure to Keynes’ International Clearing Union and Schumacher’s Multilateral Clearing System.

The Webtel.mobi Global Clearing System itself – and its TUV Digital Currency – are currently being utilized by people and entities worldwide as systemic hedges and a potential safe haven to mitigate the consequences of the current Crisis – including its Systemic Liquidity Shortfalls and its other consequences of Inflation and Currency Depreciation.

Resources
Article: https://webtel.mobi/pc/info/Systemic-Stability-and-Liquidity-Structure
WM Holdings Inc. Website: https://wmholdings.mobi
Webtel.mobi Platform: https://webtel.mobi/pc
Webtel.mobi’s Digital Currency equivalent: Click Here
Contact Webtel.mobi or WM Holdings Inc: wm@thoburns.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6fff97a3-682d-458e-a4e3-a3f7d89861b6

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

GlobeNewswire Distribution ID 8795868

Posted on

STALICLA and Firefly Neuroscience enter Partnership Agreement for the Development of Electroencephalogram (EEG) as a Biomarker for Subgroups of Patients with ASD

STALICLA and Firefly Neuroscience enter Partnership Agreement for the Development of Electroencephalogram (EEG) as a Biomarker for Subgroups of Patients with ASD

The combination of STALICLA and Firefly Neurosciences’s machine learning platforms and know–how will further strengthen the development of precision medicine for these patients

Geneva, Switzerland – 27 March 2023, STALICLA SA and Firefly Neuroscience today announced a partnership to further validate EEG-based biomarkers in biologically enriched subgroups of patients with Autism Spectrum Disorder (ASD). This follows the successful completion of STALICLA’s Phase 1b clinical trial for its lead asset STP1 where EEG measurement was shown to be a powerful predictor of efficacy.

STALICLA and Firefly Neuroscience will leverage their technological platforms including the Databased Endophenotyping Patient Identification (DEPI) platform and the FDA-cleared Brain Network Analytics (BNA™) platform respectively to further advance EEG validation in two upcoming Phase 2 clinical trials, sponsored by STALICLA.

Applying BNA™ to the DEPI-driven biologically enriched subgroups of patients with ASD is expected to establish and expand EEG as a biomarker in the field of ASD. EEG measurements will reinforce the DEPI stratification capacity and prediction of treatment response in patients with a behavioral diagnosis of ASD.

STP1 is a tailored treatment candidate for ASD-Phenotype 1, the first DEPI-enriched subgroup of patients. STP1 positive target engagement was demonstrated by specific EEG signal modulation in brain areas of interest.

Lynn Durham, STALICLA’s CEO & Founder, commented: “STALICLA is thrilled to partner with Firefly Neuroscience to advance an EEG-based treatment response marker in the NDD population. STALICLA will leverage its DEPI platform and Firefly Neuroscience’s technology to reinforce its leadership in precision medicine for neurodevelopmental disorders with rapid implementation of precision EEG in our upcoming two phase 2 programs in Autism Spectrum Disorder.”

Jon Olsen, Firefly Neuroscience’s CEO, commented: “Firefly Neuroscience is excited to partner with STALICLA on the advancement of treatment for people with ASD. Using BNA™ to target sub-groups of patients for precision medicine treatment in the CNS space is a core focus for the company. The fact that BNA™ is FDA cleared and used by clinicians in the United States to support therapy decisions for people with mental disorders puts us in a very strong position to build a referral network in support of the commercialization of novel drugs and therapies for the treatment of NDD diseases.”

STALICLA has developed and validated a machine learning platform, DEPI, allowing ASD subgroup identification and precision medicine treatment candidate selection. With multiple clinical proof of concepts, DEPI has allowed for the identification of two distinct subgroups of patients with ASD and their tailored treatments STP1 and STP2. Both STP1 and STP2 are planned to enter Phase 2 clinical trials in 2023.

Firefly Neuroscience’s BNA™ platform is a patented technology that provides an objective, quantified assessment of cognition (brain function). It measures brain function and compares it to an FDA-cleared, normative, age-matched database using proprietary AI and advanced signal processing technology. Firefly Neuroscience’s AI platform (‘Fly-AI’) will help develop future biomarkers and companion diagnostics allowing for the expansion of existing pharma collaborations and partnerships to make the development of new CNS drugs more efficient.

About STALICLA
STALICLA is a precision molecular neuroscience clinical stage biotech company, advancing the first precision medicine platform (DEPI) for patients with neurodevelopmental disorders (NDDs), and neuropsychiatric disorders.
STALICLA’s unique approach is addressing the poor construct validity of behaviourally defined disorders through its unique platform integrating molecular data with human genetic information to create testable clinical hypotheses in psychiatry and neuroscience.
With multiple clinical proof of concepts, DEPI has allowed for the identification of two distinct subgroups of patients with Autism Spectrum Disorder (ASD) and their tailored treatments STP1 and STP2, both of which are planned to enter Phase 2 clinical trials in 2023. STP1 and STP2 hold a multi-billion market potential.
The DEPI platform has been validated in a clinical setting showing high specificity, sensitivity and positive predictive value in prospectively designed trials recalling ‘high’ responder patients to previously failed drug candidates.
STALICLA is currently preparing its next stage of growth to advance its pipelines and scale its platform.

For further information, please visit: https://stalicla.com/

About Firefly Neuroscience
Firefly Neuroscience leverages technical advances in computing and AI to deconstruct, analyze, and compare electroencephalograms (EEG), making them clinically useful for front-line clinicians to objectively measure, monitor, and manage brain function. Building on over a decade of research, the product has received FDA clearance and is commercially used in American clinics since mid-2022.
With BNA™, clinicians and their patients can now make informed, objective therapy and disease management decisions, track changes over time and improve therapy compliance. It takes the guesswork and subjectivity out of managing mental illnesses and cognitive disorders- as one can only effectively manage what can accurately be measured.
Firefly Neuroscience’s AI platform (‘Fly-AI’) has been built to develop future biomarkers and companion diagnostics (pharma) allowing for the expansion of existing pharma collaborations to bring new drugs to market. It has been used with leading companies such as Novartis, Takeda, and Purdue and is poised to revolutionize the required objective measurement for effective CNS drug development.

For further information, please visit: https://fireflyneuro.com

Contacts

STALICLA SA
Lynn Durham, Founder & CEO
Lynn.durham@stalicla.com

Firefly Neuroscience
Jon Olsen, CEO
Jon.olsen@fireflyneuro.com

Media inquiries
Consilium Strategic Communications
stalicla@consilium-comms.com

GlobeNewswire Distribution ID 1000800386

Posted on

Gorilla Technology Group Partners with Hailo and Lanner Electronics to Build the Next-generation Edge AI Appliance

LONDON, March 27, 2023 (GLOBE NEWSWIRE) — Gorilla Technology Group Inc. (“Gorilla”) (NASDAQ: GRRR), a global provider of AI-based edge video analytics, IoT technologies, and cybersecurity, today announced a significant partnership with Lanner and Hailo to deliver the E-300 Edge AI Appliance, with an industry-leading price to performance ratio for robust video analytics. Developed through a collaboration with Lanner and Hailo, the E-300 is capable of processing up to 24 channels of real-time, multiple video analytics streams using an entry-level CPU, which ordinarily can only handle 4 channels at the edge.

The E-300 technology developed by Gorilla, Lanner, and Hailo caters to customers who seek edge video analytics with a focus on ease of integration, deployment, and cost/power efficiency. This integrated solution underwent thorough testing as an AI Appliance preloaded with Gorilla’s Intelligent Video Analytics Recorder, IVAR, to ensure it meets specific technical parameters. The integration of the PCIe AI acceleration card (Hailo-8™ Processors) into the latest Lanner IPC, LEC-2290H eliminates the need for customers to expand their hardware capabilities to run multiple-channel video analytics. Gorilla’s AI Appliance E-300 can process up to 24* channels and various AI models of video analytics seamlessly, including behavior analytics, human intrusion detection, facial recognition, or vehicle analytics. This translates to a considerable improvement in inference speed and accuracy, at a lower total cost of ownership.

“Through our collaboration with Lanner & Hailo, Gorilla continues to provide Edge AI Appliances that offer outstanding value in terms of price and performance,” said Gorilla’s Chief Innovation Officer, Dr. Rajesh Natarajan. “We believe this comprehensive solution will expedite the adoption of video analytics and streamline Edge AI deployments at scale. We feel privileged to collaborate with Lanner and Hailo and remain dedicated to delivering customer success.”

Lanner Chief Technology Officer Jeans Tseng said, “As Gorilla’s long-term AI Appliance partner, Lanner shares similar values of high-quality performance with a customer-facing approach. We are excited about the breakthrough our two companies produced, and we look forward to our technology partnership lasting for years to come.”

Hailo’s Chief Technology Officer Avi Baum said, “Through this valuable and exciting partnership with Gorilla, we are bringing more innovative and accessible solutions that help our customers harness the power of AI for their edge.”

Gorilla’s Edge AI Appliance, E300, is now available. For more information, please visit https://www.gorilla-technology.com/Products/Edge-Vision-AI.

Visit Gorilla at ISC West 2023, Lanner booth number 33061and Hailo booth number 16099

*Remark: The maximum number of video analytics channels depends on video stream settings and the video analytics model.

ABOUT GORILLA TECHNOLOGY GROUP INC.
Gorilla, headquartered in London U.K., is a global solution provider in security intelligence, network intelligence, business intelligence and IoT technology. Gorilla develops a wide range of solutions including Smart Cities, Smart Retail, Enterprise Security, and Smart Media. In addition, Gorilla provides a complete Security Convergence Platform to government institutions, telecom companies and private enterprises with network surveillance and cyber security.

Gorilla places an emphasis on offering leading technology, expert service, and precise delivery, and ensuring top-of-the-line, intelligent and strong edge AI solutions that enable clients to improve operational performance and efficiency. With continuous core technology development, Gorilla will deliver edge AI solutions to managed service providers, distributors, system integrators, and hardware manufacturers.

ABOUT LANNER ELECTRONICS
Lanner Electronics is a world-leading hardware provider with design, engineering, and manufacturing services for advanced network appliances, ruggedized in-vehicle, industrial computers, power substation computers, and edge AI appliances. Lanner’s Edge AI hardware platforms bring proven reliability, with a purpose-built design that can withstand the distinct challenges of the industrial edge and enable mission-critical applications such as video analytics, traffic management, access control, and beyond.

ABOUT HAILO
Hailo, an AI-focused chipmaker, is developing specialized AI processors that enable data center-class performance on edge devices. Hailo’s processors are the product of a rethinking of traditional computer architecture, enabling smart devices to perform sophisticated deep learning tasks such as object detection and segmentation in real-time, with minimal power consumption, size, and cost. The processors are designed to fit into a multitude of smart machines and devices, impacting a variety of sectors including automotive, security, industry 4.0, and retail. For more information visit https://hailo.ai.

FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements, which are based on estimates, assumptions, and expectations. Actual results and performance could differ materially and adversely from those expressed or implied in forward-looking statements. Gorilla does not undertake any obligation to update any forward-looking statements, except as required by law.

CONTACT
Jeff Fox (for Gorilla)
The Blueshirt Group
jeff@blueshirtgroup.com

GlobeNewswire Distribution ID 8795403

Posted on

Fairmount Tire & Rubber Increases Distribution Efficiency and Delivery Capacity with Descartes’ Last Mile Delivery Solution

ATLANTA and LONDON, March 27, 2023 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that wholesale tire distributor Fairmount Tire & Rubber is using Descartes’ last mile delivery solution to digitize B2B ecommerce delivery operations across its five warehouse locations serving customers in California, Arizona, Nevada and Utah. The cloud-based solution helped the company to complete more stops per route, add between two-to-three additional delivery runs per day and enhance the customer experience by providing customers with real-time, map-based tracking.

“At Fairmount Tire, we’re obsessed with creating a frictionless, expedient customer experience,” said Scott Dushane, Director of IT at Fairmount Tire. “In our highly competitive industry, Descartes has helped us change the game, propelling our 65-year-old family owned-and-operated company past time-consuming, paper-intensive manual delivery practices and into a high-performing, data-driven, and customer-focused business.”

Each evening, based on the ecommerce orders Fairmont Tire & Rubber receives during the day, it can now build optimal routes for the next day with one click. The integrated solution allows the distributor to move more tires in less time using fewer trucks while providing customers with a detailed, on-demand view of their order journey in real-time. Descartes’ last mile delivery solution helped Fairmont Tire and Rubber eliminate paper-based processes and embed planning best practices into the routing optimization solution to enable the company to scale distribution operations that drive top- and bottom-line growth.

Descartes’ last mile delivery solution helps distribution-intensive companies improve operational efficiency and the customer experience. It supports dynamic delivery requirements, including same-day delivery, by offering flexible, efficient and cost-effective time windows and delivery options. Using advanced continuous optimization technology, the solution takes committed delivery times and improves how routes are planned and executed, which generates additional delivery capacity and reduces costs. With an integrated GPS-based mobile application, the solution coordinates drivers, dispatchers and call centers to ensure that routes are executed according to plan and exceptions are handled efficiently. Self-service web and mobile tracking solutions allow customers to track their orders in real-time. Sustainability improvements are also supported through the elimination of paper and improved route productivity.

“We’re thrilled to play a pivotal role in helping Fairmount Tire create more efficient, customer-centric and cost-effective distribution operations,” said James Wee, General Manager, Routing, Mobile and Telematics at Descartes. “With rising customer service demands, inflating labor and fleet costs, and intensifying competitive pressure, distribution-focused companies around the world rely on our sophisticated last mile delivery solutions to differentiate their customers’ buying experience and fuel growth.”

About Fairmount Tire & Rubber Inc.

Based in Los Angeles, CA, Fairmount Tire & Rubber Inc. has been distributing tires to retail consumers and wholesale customers in Western U.S. for 65 years. The company operates a retail store in south LA and a B2B ecommerce business serving Arizona, California, Nevada and Utah. For more information, visit b2b.fairmounttire.com.

About Descartes

Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, security and sustainability of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, track and help improve the safety, performance and compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world’s largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com, and connect with us on LinkedIn and Twitter.

Global Media Contact
Cara Strohack                                                    
Tel: +1(800) 419-8495 ext. 202025                        
cstrohack@descartes.com

Cautionary Statement Regarding Forward-Looking Statements

This release contains forward-looking information within the meaning of applicable securities laws (“forward-looking statements”) that relate to Descartes’ solution offerings and potential benefits derived therefrom; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, “Certain Factors That May Affect Future Results” in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada including Descartes’ most recently filed management’s discussion and analysis. If any such risks actually occur, they could materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purposes of providing information about management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

GlobeNewswire Distribution ID 8795155

Posted on

The Yacht Club de Monaco hosted the first edition of Monaco Smart Yacht Rendezvous

MONACO, March 27, 2023 (GLOBE NEWSWIRE) — The Yacht Club de Monaco hosted the first Monaco Smart Yacht Rendezvous. The event, organized by Monaco Marina Management (M3), a Monegasque company specializing in the management of marinas, promotes the meeting of start-ups, scale-ups and corporate companies with the aim of presenting innovative solutions adaptable to super-yachts. The two-day initiative kicked off with the visit of Prince Albert II of Monaco, who wanted to meet the various players at the event and to discover the ideas and projects displayed on the stands.

Among the large companies taking part to the rendezvous there were Sanlorenzo, Feadship, Oceanco, Lürssen but there was also room for internationally renowned designers such as Dan Lenard and Espen Oein. Though the main focus remains one for all: the evolution of the yachting industry. “The large presence of all these major yachting players demonstrates their willingness to provide a collective response to climate issues and thus encourage responsible innovation,” said José Marco Casellini, M3 Ceo.

The Yacht Club de Monaco “leads sustainability in Yachting and does a phenomenal job by hosting such an event. I would like to pay tribute to its involvement in promoting environmental transition within the nautical community,” added Olivier Wenden, Vice President and Chief Executive Officer of the Prince Albert II of Monaco Foundation.

Among the topics addressed in this first edition figured the entire life cycle of a yacht: from research & development to its use, through maintenance and financing. New propulsion solutions or choices of more environmental friendly materials, optimization of energy consumption, water management, connectivity and safety were also discussed. During the panels and meetings held at the event, the urge to rethink the yacht of tomorrow emerged and, faced with the emergence of ecological concerns, many builders specialize in research and development. “The Italian yacht industry, therefore pleasure boats over 24 metres, covers 47.5% of world production,” said Sanlorenzo Ceo, Massimo Perotti. “We participate in this event where we talk about sustainability because it is very important. It is true that Italian industry is very strong in this sector and we must be very careful because the world is growing in a direction that is a bit delicate for our productions. Boats in the future will have to be more sustainable if not 100% sustainable.”

For its part, the world of design follows the evolution of the market: “The yacht today can be smart in itself, it can be implemented with technologies that guarantee low or zero emissions, or made of recycled or recyclable materials. All of this is part of the future of yachting. However, it must be remembered that yachting does not end with the product. There is a whole life after the delivery of the yacht and a little is said about it. Just as little is said about the ‘education’ in the use of these boats and the possibilities they offer as an alternative and transversal use,” explained the designer Dan Lenard.

The event was also an opportunity to reward the actors who stood out for their innovative proposals. The winners were selected by an international jury of 44 members who examined -through 181 one-to-one meetings – the proposals of 50 start-ups, scale-ups and corporates selected by the team experts of Blumorpho, a specialist in innovation for a sustainable economy headed by Géraldine A. Gustin. This selection process makes the rendezvouz a 3 months long network event.

In the Start-up category, the Italian Northern Light Composites (Nlcomp) triumphed for its recyclable composite ‘R-Composite’ which solves the problems related to the end of life of fiberglass. “R-composite is the ideal candidate to replace fiberglass composite which is not easily recyclable, causing boat (and wind turbine) blades to go underground. With R-composite we are creating a completely circular economy,” observed Fabio Bignolini, CEO of Northern Light Composites

Among the scale-ups, the British Lineat Composites was awarded for its plan to transform carbon fiber waste deriving from production, processing and the end of the life cycle into recycled carbon fiber to be used in products in the nautical sector but also in the automotive sector. In the corporate category, the award went to the French Wisamo with a device dedicated to wind power propulsion.

For more information:

Press Office LaPresse – ufficio.stampa@lapresse.it

A video accompanying this announcement is available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/84580317-a2de-4266-99db-f5b285ace27a

GlobeNewswire Distribution ID 8795778

Posted on

Versius used to perform over 10,000 cases

Versius used to perform over 10,000 cases

  • Versius has been used to conduct more than 10,000 surgeries spanning 130 different procedure types across 7 surgical specialties including general surgery, thoracics, colorectal surgery, gynaecology, upper GI and urology
  • Almost 90% of CMR Surgical’s customer hospitals are using Versius across multiple departments; demonstrating the versatility of the system

CAMBRIDGE, UK – 27th March 2023, 07:00 (BST). CMR Surgical (CMR) – the global surgical robotics business – today announces that its next-generation surgical robotic system, Versius®, has been used to perform more than 10,000 soft tissue surgical cases in hospitals around the world. The surgical cases span 130 complex and benign procedure types across seven surgical specialties including colectomies, hysterectomies, hernia repairs and lobectomies.

Versius was developed to expand availability to minimal access surgery around the world. The system gained CE approval in 2019 and today there are over 100 Versius systems installed globally.

Professor Mario Nosotti, Director of the Department of Thoracic Surgery and Lung Transplantations of the Policlinico di Milano, a key institution using the Versius system, said: “We are pleased to have conducted complex clinical cases, across thoracic and general surgery including lobectomies and thymectomies. Having a versatile surgical robot that can be used across specialties has helped us to bring more minimally invasive surgery to patients in the Lombardia region. We hope this programme opens the door to a greater adoption of surgical robotics across the region.”

Dr Pradeep Chowbey is the Chairman, Max Institute of Laparoscopic, Robotic & Bariatric Surgery, Max Healthcare. He is a pioneer minimal access surgeon in the Asia Pacific region. He appreciated the potential of Versius, the next generation robotic platform and adopted it in 2021. He said: “With Versius we are able to deliver excellent clinical outcomes. Versius empowers us to operate with greater dexterity and precision. I continue using Versius in my everyday practice for common as well as advanced laparoscopic surgeries. The platform has a myriad of benefits, some of which include an open console and mobility of the system that enables it to be used across multiple specialities.”

The Versius system was designed with versatility in mind to support high utilisation in hospitals. The lightweight and portable design means that it can be shared between multiple hospital departments to increase utilisation and drive efficiencies. To date, a quarter of hospitals are using the system across seven major surgical specialties, and over 90% are using it in more than one specialty.

The small, modular form factor of Versius means it can fit into virtually any operating room, enabling a wider range of hospitals to start a robotics programme. Versius has enabled a number of hospitals to adopt a surgical robot for the first time, including Cristo Re Hospital in Italy and Klinikum Chemnitz in Germany, which required a versatile system capable of fitting into any operating room suitable for multi-specialty use.

Supratim Bose, Chief Executive Officer of CMR Surgical, comments: “Our mission is to help hospitals to deliver minimal access surgery to as many patients as possible, and I’m delighted to see us continue to make strong strides in our journey, having reached the milestone of over 10,000 patients treated using Versius. With Versius, the system can be used around the clock and around the hospital, enabling more hospitals to adopt surgical robotics programmes, providing greater access to minimal access surgery.”

Mark Slack, Chief Medical Officer of CMR Surgical, adds: “We launched Versius following the IDEAL framework, and along with the clinical registry we have a wealth of data that can support surgeons and hospitals to deliver the best care to their patients. We are proud that Versius has been used to help more than 10,000 people, with data showing that the use of the system is as safe as manual laparoscopy. The benefits of manual laparoscopy for patients are well-established and surgical robotics can help to enable more patients to benefit from this surgical technique. We look forward to working with more hospitals to increase access to surgical robotics.”

Clinical data from procedures is collected in the clinical registry giving surgeons and hospitals a wealth of information. CMR launched one of the world’s first clinical registries for surgical robotics as part of the Versius digital ecosystem, recording real world data from Versius procedures to ensure safety and help surgeons and hospitals to drive surgical standards.                              

Media Contacts:

If you wish to see more, please contact CMR Surgical at:

Press Office, CMR Surgical
T +44(0) 1223 755801
E pressoffice@cmrsurgical.com

Notes to editors:

The Versius® Surgical Robotic System

Versius® resets expectations of robotic surgery. Versius fits into virtually any operating room set-up and integrates seamlessly into existing workflows, increasing the likelihood of robotic minimal access surgery (MAS). The small, portable and modular design of Versius allows the surgeon to only use the number of arms needed for a given procedure.

Biomimicking the human arm, Versius gives surgeons the choice of optimised port placement alongside the dexterity and accuracy of small fully-wristed instruments. With 3D HD vision, easy-to adopt instrument control and a choice of ergonomic working positions, the open surgeon console has the potential to reduce stress and fatigue and allows for clear communication with the surgical team. By thinking laparoscopically and operating robotically with Versius, patients, surgeons and healthcare professionals can all benefit from the value that robotic MAS brings.

But it’s more than just a robot. Versius captures meaningful data with its wider digital ecosystem to support a surgeon’s continuous learning. Through the Versius Connect app, Versius Trainer and CMR clinical registry, Versius unleashes a wealth of insights to ultimately improve surgical care.

About CMR Surgical Limited

CMR Surgical (CMR) is a global medical devices company dedicated to transforming surgery with Versius®, a next-generation surgical robot.

Headquartered in Cambridge, United Kingdom, CMR is committed to working with surgeons, surgical teams and hospital partners, to provide an optimal tool to make robotic minimal access surgery universally accessible and affordable. With Versius, we are on a mission to redefine the surgical robotics market with practical, innovative technology and data that can improve surgical care.

Founded in 2014, CMR Surgical is private limited company backed by an international shareholder base.

GlobeNewswire Distribution ID 1000800092