YOKNEAM, Israel, Oct. 9, 2023
/PRNewswire/ -- InMode
Ltd. (Nasdaq: INMD), a leading global provider
of innovative medical technologies, addressed today the status of
the Company's activity in Israel.
Moshe Mizrahy, InMode's Chairman
and Chief Executive Officer said: "InMode is committed to
supporting all customers, distributors, employees, and salespeople
worldwide. We prioritize the safety and well-being of our employees
and will continue to do so as we execute our strategy."
"We don't anticipate any interruption to production. Our
inventory levels globally and in Israel are sufficient and include components
and subassemblies for the next three quarters. As a result, all
platforms and consumables will be delivered on time and will meet
the highest standards. In addition, InMode takes all required
measures to ensure continuous customer support and exceptional
service."
"Our Israeli employees are resilient and experienced in working
during challenging times. We are all as committed as we have ever
been to InMode's success, and this continues to be our focus. The
contribution of revenues generated from Israel is less than 1%."
About InMode
InMode is a leading global provider of innovative medical
technologies. InMode develops, manufactures, and markets devices
harnessing novel radiofrequency ("RF") technology. InMode strives
to enable new emerging surgical procedures as well as improve
existing treatments. InMode has leveraged its medically accepted
minimally invasive RF technologies to offer a comprehensive line of
products across several categories for plastic surgery, gynecology,
dermatology, otolaryngology, and ophthalmology. For more
information about InMode and its wide array of medical
technologies, visit www.inmodemd.com.
Forward-Looking Statements
The information in this press release includes forward-looking
statements within the meaning of the federal securities laws. These
statements generally relate to future events or InMode's future
financial or operating performance, including the future
performance described above under the heading titled "2023
Financial Outlook." Actual outcomes and results may differ
materially from what is expressed or forecast in such
forward-looking statements. In some cases, you can identify these
statements because they contain words such as "anticipate,"
"believe," "estimate," "expect," "intend," "may," "plan,"
"predict," "project," "will," "would" and similar expressions that
concern our expectations, strategic plans or intentions.
Forward-looking statements are based on management's current
expectations and assumptions, and are subject to inherent
uncertainties, risks and changes in circumstances that are
difficult to predict, including with respect to the impact of the
COVID-19 global outbreak. Consequently, actual results could differ
materially from those indicated in these forward-looking
statements. When considering these forward-looking statements, you
should keep in mind the risk factors and other cautionary
statements included in InMode's Annual Report on Form 20-F filed
with the Securities and Exchange Commission on February 14, 2023, as well as risk factors
relating to the COVID-19 global outbreak and our future public
filings. InMode undertakes no obligation and does not intend to
update these forward-looking statements to reflect events or
circumstances occurring after this press release. You are cautioned
not to place undue reliance on these forward-looking statements,
which pertain only as of the date of this press release.
Investor Relations Contact:
Miri Segal
MS-IR LLC
Phone: (917) 607-8654
Email: ir@inmodemd.com
Logo:
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SOURCE InMode LTD
