SAN DIEGO, June 5, 2007 (PRIME NEWSWIRE) -- Viking Systems, Inc. (OTCBB:VKSY), a designer, manufacturer and marketer of high-performance laparoscopic vision systems for use in minimally invasive surgical (MIS) procedures, has expanded its international distribution network by partnering with Elemental Healthcare, a distributorship with offices in England and distribution relationships throughout the United Kingdom. This agreement will enable Elemental Healthcare to market and sell Viking's 3Di Vision System technology exclusively throughout the region.
"Viking's 3Di Vision System represents exactly the type of technology surgeons in the UK have come to expect from Elemental," said Adam Power, Elemental's Managing Director. "3D Vision for minimally invasive surgeons is the type of advancement that creates much-needed paradigm shifts in surgical standards-of-care. It is this innovative spirit combined with a growing interest in the UK for this type of device that drew us to Viking's 3Di Vision System."
"Elemental's business philosophy stands out because the company fosters cutting edge technological advancement," stated Steve Heniges, Viking's Senior Vice-President of Global Marketing & Communications. "As 3D visualization increasingly becomes the desired standard of care for MIS surgeons around the world, it is only natural that surgeons performing these procedures in the United Kingdom would want the opportunity for that advancement." Heniges added, "With Elemental's experience and continued success in a growing list of surgical specialties that opportunity should present itself successfully and on a variety of fronts. We are excited to be cultivating these relationships together."
About Viking Systems, Inc.
Viking Systems, Inc. is a designer, manufacturer and marketer of FDA-cleared, CE-marked, high-performance laparoscopic vision systems. The Company's primary branded product is the 3Di Vision System, an advanced three-dimensional (3D) vision system used by surgeons for complex minimally invasive laparoscopic surgery, with focus on applications in urology, gynecology, neurology, cardio-thoracic, bariatric and general surgery. Viking also manufactures advanced two-dimensional (2D) 2Di Digital Vision Systems for targeted configurations and channels, as well as 2D cameras and components, sold through strategic partners and OEM programs.
About Elemental Healthcare Ltd.
Elemental Healthcare is a leading distributor providing innovative solutions in Diagnostic Urology and Minimally Invasive Surgery. Working with market leading companies Elemental Healthcare has brought together a unique and exciting portfolio.
It is the mission of Elemental Healthcare to provide UK hospitals with the opportunity to acquire the latest technology developments in a cost effective manner.
Elemental Healthcare employs a highly trained direct sales team providing national UK coverage supported by a dedicated Customer Service department based from the Head Office in Hungerford, Berkshire.
Statements contained in this press release regarding matters that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Such statements include, but are not limited to, statements regarding Viking's goals, its prospects for growth and its marketing efforts. Risks that contribute to the uncertain nature of the forward-looking statements include: risks related to the effectiveness of its marketing program, its ability to continue to obtain funding, its ability to maintain sales momentum, and costs associated with internal development, partnership and in-licensing activities. These and other risks and uncertainties are described more fully in Viking's most recently filed SEC documents, including its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, under the headings "Risk Factors." All forward-looking statements contained in this press release speak only as of the date on which they were made. Viking undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.