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Last updated on April 20, 2014 at 19:30 EDT

Medigus Ltd: First US Orders for SRS(TM) Systems

July 2, 2013

OMER, Israel, July 2, 2013 /PRNewswire/ –

Medigus Ltd (TASE:MDGS) announced today that it had approved the first order for
SRS(TM) systems in the United States. The systems are expected to be used in procedures
for the treatment of gastroesophageal reflux disease (GERD) at Columbia University Medical
Center – New York Presbyterian Hospital during the next several weeks, constituting the
first commercial use of the SRS(TM) system in the United States.

(Logo:
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Elazar Sonnenschein, CEO of Medigus: “We are excited at the prospect of the first
commercial use of the system in the US. One of our primary goals is the penetration into
the strategic US market, in which up to 12 million patients may be in need of the
treatment offered by the SRS(TM). In parallel we are pursuing marketing goals in Europe as
well as Canada, having received CE and Health Canada approvals in these two important
markets. These efforts are part of our long-term goal of positioning Medigus as a leader
in the field of minimally-invasive surgical devices offering an alternative to current
surgical procedures.”

About Medigus Ltd.

Medigus (TASE: MDGS) is a medical device company headquartered in Omer, Israel,
specializing in developing innovative endoscopic procedures and devices. Medigus is a
pioneer developer of a unique proprietary endoscopic device for the treatment of GERD, one
of the most common chronic diseases in the western world. In addition, Medigus has
developed the world’s smallest camera for endoscopic use as well as for other medical and
industrial applications.

Based on its proprietary technologies, Medigus designs and manufactures endoscopy
systems for partner companies, including major players in the medical device industry.
Medigus has an advanced technology platform that includes all necessary elements for
performing a wide range of endoscopic procedures. The platform includes multiple rigid,
semi-flexible and flexible video endoscopes, as well as respective endoscopy suites.

        Contact:
        Miri Segal-Scharia
        Hayden/ MS-IR LLC
        Tel: +1-917-607-8654
        msegal@ms-ir.com


    Photo: 

http://photos.prnewswire.com/prnh/20130313/601331

SOURCE Medigus Ltd


Source: PR Newswire