WESTBOROUGH, Mass., Oct. 15, 2010 (GLOBE NEWSWIRE) -- Viking Systems, Inc. (OTCBB:VKNG) announced today that it began the European launch of its 3DHD Surgical Vision System this week in Rome, Italy at the 112th National Congress of Italian Surgery Society. The Company reported a very positive response to the new 3DHD Surgical Vision System by attendees of the congress.
The company went on to report that it plans to continue its product launch over the next two months in Europe by presenting the 3DHD system, in conjunction with its distribution partners, at the following Congresses; the 83rd Congresso Nazilonale Societa Italiana di Urologia in Milan, Italy from October 17-20, AUSTROTRANSPLANT 2010 in Villach, Austria from October 27-29, the 28th Congreso Nacional de Cirugia in Madrid, Spain from November 8-11 and in Paris, France at the 104th Congres Francais d'Urologie from November 17-20.
The company also announced it plans to present the new 3DHD Surgical Vision System in Las Vegas, NV at the Global Congress of Minimally Invasive Gynecology from November 8-12, 2010 with American Surgical, its distribution partner for the southeastern United States.
Jed Kennedy, President & CEO, said, "Attendance at the country level congresses is important in making surgeons, administrators and government officials aware that our technology is available from and supported by distributors that have long standing relationships with their hospitals. Additionally, the fact that our distributors are willing to invest in these prestigious clinical congresses in order to generate sales leads for the coming year further demonstrates their commitment to our products."
In October 2010, at the American College of Surgeons' annual Clinical Congress in Washington, DC, Viking Systems launched its "Next Generation" 3DHD surgical vision system. Viking Systems currently plans to begin delivery of distributor demonstration systems in the fourth quarter of 2010. "Nearly all laparoscopic procedures are currently performed with a 2D camera," said Jed Kennedy. "We plan to provide the surgeon with high quality 3D vision in a cost effective and flexible format. Performing complex minimally invasive procedures with a 3D vision system has the potential not only to improve the quality of care but also to reduce procedure time and therefore cost of procedures."
About Viking Systems, Inc.
Viking Systems, Inc. (OTCBB:VKNG) is a leading worldwide developer, manufacturer and marketer of 2D and 3D visualization solutions for complex minimally invasive surgery. The Company partners with medical device companies and healthcare facilities to provide surgeons with proprietary visualization systems enabling minimally invasive surgical procedures, which reduce patient trauma and recovery time. For more information visit the Company's website at: www.vikingsystems.com
This press release contains forward-looking statements. These forward-looking statements are estimates reflecting the best judgment of our management and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. These forward-looking statements should, therefore, be considered in light of various important factors as described in our annual report on Form 10-K under the heading "Risk Factors" as updated from time to time by our quarterly reports on Form 10-Q and our other filings with the Securities and Exchange Commission. Statements concerning forecasts, revenue growth, procedure growth, future financial results, and statements using words such as "estimate", "project", "plan", "intend", "expect", "anticipate", "believe" and similar expressions are intended to identify forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. We undertake no obligation to publicly update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.
CONTACT: Viking Systems, Inc. Robert Mathews, EVP & CFO (508) 366-3668 Ext. 8392