More than 240 leading rehabilitation centers in over 30 countries helped their patients walk 50,000 miles in
the EksoGT exoskeleton during rehab sessions— the distance of walking around the world twice
RICHMOND, Calif., Dec. 04, 2018 (GLOBE NEWSWIRE) -- Ekso Bionics Holdings, Inc. (NASDAQ: EKSO), an industry
leader in exoskeleton technology for medical and industry use, today announced that the worldwide adoption of the EksoGT™
exoskeleton has allowed stroke and spinal cord injury patients to take 100 million steps to date (click to tweet). More than 240 leading rehabilitation centers in over 30 countries helped their
patients walk 50,000 miles in the EksoGT exoskeleton— the distance of walking around the world twice.
Centers utilizing the EksoGT are advancing both in-patient and outpatient rehabilitation, and collectively
changing the standard of care to promote better patient outcomes.
As the exoskeleton most widely used in rehabilitation, the EksoGT:
- is designed to help patients get back on their feet by supporting re-learning of correct step patterns, weight shifting, and
potentially mitigating compensatory behaviors, enabling patients to mobilize earlier and restore independence
- is the only exoskeleton with SmartAssistTM software which provide adaptive amounts of power to either side of a
patient’s body, especially beneficial for stroke patients
- provides the ability to mobilize patients earlier, more frequently, and with a greater number of high intensity steps
For patients who never thought they would walk or even stand again, the EksoGT also offers hope.
“Ekso Bionics set out to change the standard of care in rehabilitation with unparalleled exoskeleton
technology,” said Jack Peurach, CEO and President of Ekso Bionics. “And, thanks to our Centers of Excellence and other leading
rehabilitation centers, together we were able to achieve the 100 million steps milestone. These centers are thought leaders and
understand how to use our technology as a tool to improving the lives of their patients. We are excited to continue to grow the
presence of the EksoGT worldwide so we can continue improving the lives of all of those who suffer a stroke or spinal cord
injury.”
Each year, more than 15 million people experience a stroke and 500,000 individuals develop a spinal cord injury
worldwide. This cutting-edge exoskeleton technology augments strength to help patients get back on their feet sooner and walk,
while gaining confidence and freedom. Clinical evidence shows that including EksoGT gait training during rehabilitation can improve
patient gait speed and walking distance outside of the device at discharge compared to admission and may improve independence in
functional mobility during inpatient stroke rehabilitation.
“Our Barrow neuro robotics program works to combine customized robotics with trained functional therapy to
maximize outcomes for neurological patients. The EksoGT is a significant piece in our neuro robotics program and allows our team to
further customize rehabilitation care,” said Chris St. Clair, Senior Director of Rehabilitation Services at Dignity Health in
Arizona.
Learn more about innovative centers that are leading the way in exoskeleton rehabilitation by visiting Ekso Bionics’ Centers of Excellence.
About EksoGT™
EksoGT™ is the first exoskeleton cleared by the FDA for use with stroke and spinal cord injuries from L5 to C7. In Europe, the
CE-Mark cleared EksoGTTM allows us to work with patients impacted by all neurological conditions and lower limb
weakness. The EksoGT™ with SmartAssist™ software is the only exoskeleton available for rehabilitation institutions that can provide
adaptive amounts of power to either side of a patient’s body, challenging the patient as they progress through their continuum of
care. The suit’s patented technology provides the ability to mobilize patients earlier, more frequently, and with a greater number
of high intensity steps. To date, this device has helped patients take 100 million steps in over 240 rehabilitation institutions
around the world.
About Ekso Bionics®
Ekso Bionics® is a leading developer of exoskeleton solutions that amplify human potential by supporting or
enhancing strength, endurance and mobility across medical and industrial applications. Founded in 2005, the company continues to
build upon its unparalleled expertise to design some of the most cutting-edge, innovative wearable robots available on the market.
Ekso Bionics is the only exoskeleton company to offer technologies that range from helping those with paralysis to stand up and
walk, to enhancing human capabilities on job sites across the globe. The company is headquartered in the Bay Area and is listed on
the Nasdaq Capital Market under the symbol EKSO. For more information, visit: www.eksobionics.com.
Forward-Looking Statements
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements.
Forward-looking statements may include, without limitation, statements regarding (i) the plans and objectives of management for
future operations, including plans or objectives relating to the design, development and commercialization of human exoskeletons,
(ii) estimates or projection of financial results, financial condition, capital expenditures, capital structure or other financial
items, (iii) the Company's future financial performance and (iv) the assumptions underlying or relating to any statement described
in points (i), (ii) or (iii) above. Such forward-looking statements are not meant to predict or guarantee actual results,
performance, events or circumstances and may not be realized because they are based upon the Company's current projections, plans,
objectives, beliefs, expectations, estimates and assumptions and are subject to a number of risks and uncertainties and other
influences, many of which the Company has no control over. Actual results and the timing of certain events and circumstances may
differ materially from those described by the forward-looking statements as a result of these risks and uncertainties. Factors that
may influence or contribute to the inaccuracy of the forward-looking statements or cause actual results to differ materially from
expected or desired results may include, without limitation, changes resulting from the Company’s finalization of its financial
statements for and as of the period and year ended December 31, 2017, information or new changes in facts or circumstances that may
occur prior to the filing of the Company’s Annual Report on Form 10-K that are required to be included therein, the Company's
inability to obtain adequate financing to fund the Company's operations and necessary to develop or enhance our technology, the
significant length of time and resources associated with the development of the Company's products, the Company's failure to
achieve broad market acceptance of the Company's products, the failure of our sales and marketing organization or partners to
market our products effectively, adverse results in future clinical studies of the Company's medical device products, the failure
to obtain or maintain patent protection for the Company's technology, failure to obtain or maintain regulatory approval to market
the Company's medical devices, lack of product diversification, existing or increased competition, and the Company's failure to
implement the Company's business plans or strategies. These and other factors are identified and described in more detail in the
Company's filings with the SEC. To learn more about Ekso Bionics please visit us at www.eksobionics.com. The Company does not
undertake to update these forward-looking statements.
Media Contact:
Glenn Silver
646-871-8485
eksobionics@lazarpartners.com
Investor Contact:
David Carey
212-867-1768
investors@eksobionics.com
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/48059275-4b5e-4d5d-a9cf-450a67ea1554
A video accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/fa109701-e7eb-46eb-affe-ea86825bf0c6
