BOCA RATON, Fla., July 12, 2018 /PRNewswire/ -- Sensus Healthcare, Inc. (NASDAQ: SRTS), a medical device
company specializing in the non-invasive treatment of non-melanoma skin cancers (NMSC) and keloids with Image-Guided Superficial
Radiation Therapy (IGSRT), today announced a strategic agreement focused on marketing the SRT-100 Vision™ with SkinCure Oncology,
a leading turnkey provider of IGSRT solutions in the dermatology industry. SkinCure uses the same quality and safety features of
leading cancer center models for the delivery of Sensus' most technically advanced and innovative device to date, the SRT-100
Vision, to dermatology practices.
"Sensus' strategic relationship with SkinCure Oncology is representative of our customer-centric approach in supporting the
dermatology community, not to mention a valuable resource to further expand our market position," said Joe Sardano, chairman and chief executive officer of Sensus Healthcare. "We look forward to continue working
in lock-step with the SkinCure team, a proven partner of Sensus, to lead the industry and provide the most effective IGSRT
solution available to patients in need all over the country."
The SRT-100 Vision is built with all of the same features and efficacy of the SRT-100 and delivers precise, calibrated doses
of SRT, while also offering high-frequency ultrasound for imaging. The SRT-100 Vision allows for basal and squamous cell
carcinomas, as well as keloid tissue, to be assessed more thoroughly and treatment to be more precisely targeted.
When the ultrasound is placed over the treatment area using the laser positioning system, doctors can assess the lesion to see
how deep it is and fine-tune the exact amount of radiation that is needed. The device also allows physicians to better assess how
the lesion is progressing with each treatment session, while recording each session for the patient's records via the
LesionCam.
"We entered into this agreement with Sensus based on our belief in its technology and market lead in IGSRT delivery systems,"
added Kerwin Brandt, CEO, Skincure Oncology. "Our unique delivery model provides the capital,
human resources and expertise, thereby allowing dermatology practices to deliver daily cutting-edge IGSRT treatments to patients.
Through the SkinCure solution, we provide the Sensus SRT-100 Vision unit and suite buildout, address state regulatory
requirements and give access to radiation oncologists for consultation and full-time board-certified radiation therapists to
deliver treatments. We provide a patient-focused solution that continues to deliver excellent clinical outcomes – all of the
while minimizing headaches for clinicians."
About SkinCure Oncology
SkinCure Oncology is a national turnkey provider of Image-Guided SRT solutions in the Dermatology space. Its founders
bring extensive experience in Radiation Oncology, business development, and the Dermatology industry. It has partnered with
Dermatology practices from New York to California, and,
continues to enjoy its market leading position in the delivery of IGSRT. For more information, visit http://www.skincureoncology.com.
About Sensus Healthcare
Sensus Healthcare, Inc., is a medical device company that is committed to providing non-invasive and cost-effective
treatment for non-melanoma skin cancers and keloids. Sensus uses a proprietary low-energy X-ray technology known as superficial
radiation therapy (SRT), which is a result of over a decade of dedicated research and development. Sensus has successfully
incorporated SRT into its portfolio of treatment devices, the SRT-100™ and SRT-100 Vision™. To date, SRT technology has been used
to effectively and safely treat oncological and non-oncological skin conditions in thousands of patients. Sensus recently
launched Sensus Laser Systems, three next-generation devices that showcase the latest in technology and function for the
aesthetic dermatology market.
For more information, visit https://www.sensushealthcare.com.
Forward-Looking Statements
This press release includes statements that are, or may be deemed, ''forward-looking statements.'' In some cases,
these forward-looking statements can be identified by the use of forward-looking terminology, including the terms "believes,"
"estimates," "anticipates," "expects," "plans," "intends," "may," "could," "might," "will," "should," "approximately,"
"potential" or, in each case, their negative or other variations thereon or comparable terminology, although not all
forward-looking statements contain these words.
By their nature, forward-looking statements involve risks and uncertainties because they relate to events, competitive
dynamics, and healthcare, regulatory and scientific developments and depend on the economic circumstances that may or may not
occur in the future or may occur on longer or shorter timelines than anticipated. Although we believe that we have a reasonable
basis for each forward-looking statement contained in this press release, we caution you that forward-looking statements are not
guarantees of future performance and that our actual results of operations, financial condition and liquidity, and the
development of the industry in which we operate may differ materially from the forward looking statements contained in this press
release, as a result of, among other factors: our ability to achieve and sustain profitability; market acceptance of the SRT-100
product line; our ability to successfully commercialize our products, including the SRT-100; our ability to compete effectively
in selling our products and services, including responding to technological change and cost containment efforts of our customers;
our need and ability to obtain additional financing in the future, as well as complying with the restrictions our existing
revolving credit facility imposes; our ability to expand, manage and maintain our direct sales and marketing organizations; our
actual financial results may vary significantly from forecasts and from period to period; our ability to successfully develop new
products, improve or enhance existing products or acquire complementary products, technologies, services or businesses; our
ability to obtain and maintain intellectual property of sufficient scope to adequately protect our products, including the
SRT-100, and our ability to avoid infringing or otherwise violating the intellectual property rights of third parties; market
risks regarding consolidation in the healthcare industry; the willingness of healthcare providers to purchase our products if
coverage, reimbursement and pricing from third party payors for procedures using our products significantly declines; the level
and availability of government and third party payor reimbursement for clinical procedures using our products; our ability to
effectively manage our anticipated growth, including hiring and retaining qualified personnel; the regulatory requirements
applicable to us and our competitors; our ability to manufacture our products to meet demand; our reliance on third party
manufacturers and sole- or single-source suppliers; our ability to reduce the per unit manufacturing cost of the SRT-100; our
ability to efficiently manage our manufacturing processes; the regulatory and legal risks, and certain operating risks, that our
international operations subject us to; off label use of our products; the fact that product quality issues or product defects
may harm our business; the accuracy of our financial statements and accounting estimates, including allowances for accounts
receivable and inventory obsolescence; any product liability claims; limited trading in our shares and the concentration of
ownership of our shares; cyberattacks and other data breaches and the adverse effect on our reputation; new legislation,
administrative rules, or executive orders, including those that impact taxes and international trade regulation; the provisions
in our certificate of incorporation, bylaws, or Delaware law that discourage takeovers or that
limit certain disputes to be brought exclusively in the Delaware Court of Chancery; geographic
concentration of our customers in the U.S. and China; and other risks described from time to
time in Sensus Healthcare's filings with the Securities and Exchange Commission, including the Company's Annual Report on Form
10-K for the fiscal year ended December 31, 2016.
In addition, even if our results of operations, financial condition and liquidity, and the development of the industry in
which we operate are consistent with the forward-looking statements contained in this press release, they may not be predictive
of results or developments in future periods. Any forward-looking statements that we make in this press release speak only as of
the date of such statement, and we undertake no obligation to update such statements to reflect events or circumstances after the
date of this press release. You should read carefully our "Cautionary Note Regarding Forward-Looking Information" and the factors
described in the "Risk Factors" section of our periodic reports filed with the Securities and Exchange Commission to better
understand the risks and uncertainties inherent in our business.
Media Contacts:
Caitlin Kasunich / Kathryne Hunter
KCSA Strategic Communications
212-896-1241 / 212-896-1204
ckasunich@kcsa.com / khunter@kcsa.com
Investor Contact:
Kim Sutton Golodetz
LHA Investor Relations
(212) 838-3777
kgolodetz@lhai.com
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SOURCE Sensus Healthcare, Inc.