InspireMD Announces Distribution Agreement for CGuard(TM) EPS in Switzerland
TEL AVIV, ISRAEL--(Marketwired - Aug 25, 2017) - InspireMD, Inc. (NYSE
American: NSPR) (NYSE American: NSPR.WS) (NYSE MKT: NSPR) (NYSE MKT: NSPR.WS) ("InspireMD" or the "Company"), a leader in embolic
prevention systems (EPS) / thrombus management technologies and neurovascular devices, today announced it has signed an agreement
with 1a medical ag, a leading medical distributor in Switzerland, to distribute CGuard™ EPS (Embolic Prevention System).
Agustin Gago, EVP and Chief Commercial Officer of InspireMD, commented, "We are delighted to partner with 1a medical ag, which
brings long standing relationships with the top key opinion leaders and physicians across all relevant clinical specialties in
Switzerland. The agreement contains guaranteed minimum sales, further illustrating their confidence in CGuard™ EPS."
Mr. Albert Kaiser, CEO of 1a medical ag, noted, "We look forward to launching CGuard™ in Switzerland, which is in line with
our mission to bring best-in-class technologies to medical practices across Switzerland. Based on the strong supporting clinical
data, we believe CGuard™ EPS has the potential to rapidly become standard of care in Switzerland due to its distinct safety
advantages."
About InspireMD, Inc.
InspireMD seeks to utilize its proprietary MicroNet™ technology to make its products the industry standard for embolic protection
and to provide a superior solution to the key clinical issues of current stenting in patients with a high risk of distal
embolization, no reflow and major adverse cardiac events.
InspireMD intends to pursue applications of this MicroNet™ technology in coronary, carotid (CGuard™), neurovascular, and
peripheral artery procedures. InspireMD's common stock is quoted on the NYSE American under the ticker symbol NSPR and certain
warrants are quoted on the NYSE American under the ticker symbol NSPR.WS.
Forward-looking Statements
This press release contains "forward-looking statements." Such statements may be preceded by the words
"intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes,"
"potential" or similar words. Forward-looking statements are not guarantees of future performance, are based on certain
assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control,
and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by
such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated
with (i) market acceptance of our existing and new products, (ii) negative clinical trial results or lengthy product delays in
key markets, (iii) an inability to secure regulatory approvals for the sale of our products, (iv) intense competition in the
medical device industry from much larger, multinational companies, (v) product liability claims, (vi) product malfunctions, (vii)
our limited manufacturing capabilities and reliance on subcontractors for assistance, (viii) insufficient or inadequate
reimbursement by governmental and other third party payers for our products, (ix) our efforts to successfully obtain and maintain
intellectual property protection covering our products, which may not be successful, (x) legislative or regulatory reform of the
healthcare system in both the U.S. and foreign jurisdictions, (xi) our reliance on single suppliers for certain product
components, (xii) the fact that we will need to raise additional capital to meet our business requirements in the future and that
such capital raising may be costly, dilutive or difficult to obtain and (xiii) the fact that we conduct business in multiple
foreign jurisdictions, exposing us to foreign currency exchange rate fluctuations, logistical and communications challenges,
burdens and costs of compliance with foreign laws and political and economic instability in each jurisdiction. More detailed
information about the Company and the risk factors that may affect the realization of forward looking statements is set forth in
the Company's filings with the Securities and Exchange Commission (SEC), including the Company's Annual Report on Form 10-K and
its Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC's
web site at http://www.sec.gov . The Company assumes no
obligation to publicly update or revise its forward-looking statements as a result of new information, future events or
otherwise.