(via TheNewswire)
Toronto, Ontario, - TheNewswire - July 2, 2019 - Ventripoint Diagnostics Ltd. ("Ventripoint" or the "Company", TSXV:VPT, OTCQB:VPTDF) is pleased to announce that they have received CE Mark for the VMS+ 3.0 system allowing it to be sold for clinical use throughout the European Union and other CE Mark countries. The VMS+ system can be used for all four chambers of the patient's heart to obtain volumetric measurements and is a valuable tool for clinicians when diagnosing patients with cardiac problems.
"Europe is a major market for the VMS+ 3.0 system, and we believe this release will further establish the VMS+ technology as a critical addition to the imaging environment. We look forward to having our next-generation system in hospitals and cardiac centres across Europe and are actively sourcing distribution partners to expand the global availability," notes Dr. George Adams, Ventripoint's CEO.
The VMS+ 3.0 is a cost-effective cardiac diagnostic tool measuring whole-heart function in pediatrics and adults with accuracy comparable to the gold-standard MRI. The new smaller footprint allows for superior integration into the existing echocardiography workflow, and the system is intuitive and easy to use. Heart disease is the leading cause of death for both men and women worldwide and having a non-invasive system to obtain volume and ejection fractions for all 4 chambers of the heart is essential for patient care.
The VMS+ 3.0 system is now commercially available in Canada and Europe. The system is for investigational use in the United States and pending pre-market 510K clearance by the FDA.
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.
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