(TheNewswire)
Toronto, Ontario / TheNewswire / October 17,
2018 – Ventripoint Diagnostics Ltd. (“Ventripoint” or the “Company”, TSXV:VPT) is pleased to announce that
Jessica Naman has joined Ventripoint as Marketing Manager and will be responsible for conceiving and executing marketing
strategies and tactics for the growth of the current VMS+ system along with
the rollout and expansion of the next generation product line.
Jessica is implementing a comprehensive corporate branding strategy to enhance Ventripoint’s
recognition as a global leader in whole-heart analysis through the development of public relations, interactive online media and
creative strategies. She will be leading the team in the pre-launch plan as we showcase the next generation system at EuroEcho 2018
in Milan, Italy this December, and will explore further opportunities in the future of 3D heart analysis using conventional 2D
ultrasound technologies.
“Jessica will be responsible for translating the Company’s business objectives into marketing
strategies that drive revenue. With 15 years of experience in marketing for technology-based companies, most recently in the
medical device industry, she brings a proven track record in the development and management of comprehensive marketing campaigns,
which integrate a strategic approach to public relations, social media, conferences and events,” commented Desmond Hirson,
President of Ventripoint.
The Company has secured two new orders for its VMS+ heart analysis products at leading hospitals in
Germany and the United States (more details will follow). Furthermore, an additional cardiac centre in Canada is in the final
stages of institutional signoffs prior to issuing a purchase order. The sales funnel has also expanded with 12 clinical
studies being planned to show the merits of the VMS+ approach to cardiac analysis in specific heart conditions including pregnancy,
stress tests, right heart failure, left heart failure, along with congenital heart disease in children and adults, and pulmonary
hypertension. In addition, our sales team will be delivering several presentations to pediatric cardiologists across North America
and Europe on the VMS+ products.
“The immediate recognition of the value the VMS+ in many clinical settings by leading cardiologists,
speaks to the unmet need for accurate and precise whole heart analysis,” stated Dr. George Adams, CEO of Ventripoint. “Therefore,
our sales and marketing strategy is to engage the leading cardiac centres and build the clinical case for the routine use of the
VMS+.”
About Ventripoint Diagnostics Ltd.
Ventripoint’s technology is a leading Artificial Intelligence (AI) approach
known as Knowledge-Based Reconstruction (KBR), used to create applications to monitor heart disease, a leading cause of death
worldwide. The VMS+ is the first cost-effective and accurate AI tool for measuring whole heart function using conventional
ultrasound. The Company has developed a suite of applications for all major heart diseases and is actively commercializing
the approach to improve cardiac care.
For further information, please contact:
Dr. George Adams, CEO, Telephone: (519) 803-6937
Email: gadams@ventripoint.com
Forward Looking Statements:
This news release contains forward-looking statements and forward-looking information within the meaning of
applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing",
"may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking
information or statements. The forward-looking statements and information are based on certain key expectations and assumptions
made by the Corporation. Although the Corporation believes that the expectations and assumptions on which such forward-looking
statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and
information because the Corporation can give no assurance that they will prove to be correct. Since forward-looking
statements and information address future events and conditions, by their very nature they involve inherent risks and
uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Other
factors, which could materially affect such forward-looking information are described in the risk factors in the Corporation's most
recent annual management’s discussion and analysis that is available on the Corporation’s profile on SEDAR at www.sedar.com.
Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking statements included in this news
release are expressly qualified by this cautionary statement. The forward-looking statements and information contained in this news
release are made as of the date hereof and the Corporation undertakes no obligation to update publicly or revise any
forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required
by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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