Mazor Robotics Reports it Received Purchase Orders for Seven Renaissance Systems During the Second Quarter of 2015
July 07 2015 - 3:30AM
Business Wire
Mazor Robotics Ltd. (TASE:MZOR; NASDAQGM:MZOR), a developer of
innovative guidance systems and complementary products, announced
today that it received purchase orders for and delivered seven
Renaissance systems and one system upgrade in the second quarter
ended June 30, 2015. Six of the systems were delivered to U.S.
hospitals and one was delivered to Spain. The Company ended the
quarter with 93 Renaissance systems installed globally, with 53 in
the U.S., the Company’s primary growth market, compared with 72 and
39 systems for the second ended June 30, 2014, respectively.
“Our results in the second quarter demonstrate solid execution
by our global sales and marketing team,” said Ori Hadomi, Chief
Executive Officer. “The quarter reflects the successful
implementation of several key initiatives, such as engaging with
the hospital c-suite earlier in the sales cycle to have a better
understanding of their process and level of commitment as well as
expanding into new metropolitan markets. These continuing
efforts together with the market’s increasing awareness and
interest in Renaissance give us momentum as we enter the second
half of 2015.”
The Company currently intends to report its complete financial
results for the second quarter ended June 30, 2015 on July 28,
2015.
About Mazor
Mazor Robotics (TASE: MZOR; NASDAQGM: MZOR) believes in healing
through innovation by developing and introducing revolutionary
robotic-based technology and products aimed at redefining the gold
standard of quality care. Mazor Robotics Renaissance® Guidance
System enables surgeons to conduct spine and brain procedures in a
more accurate and secure manner. For more information, please visit
www.MazorRobotics.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995
and other securities laws. Any statements in this release about
future expectations, plans or prospects for the Company, including
without limitation, statements regarding the Company’s momentum as
we enter the second half of 2015, or regarding the intended release
date of the financial results for the quarter ended June 30, 2015,
e, and other statements containing the words “believes,”
“anticipates,” “plans,” “expects,” “will” and similar expressions
are forward-looking statements. These statements are only
predictions based on Mazor's current expectations and projections
about future events. There are important factors that could cause
Mazor's actual results, level of activity, performance or
achievements to differ materially from the results, level of
activity, performance or achievements expressed or implied by the
forward-looking statements. Those factors include, but are not
limited to, the impact of general economic conditions, competitive
products, product demand and market acceptance risks, reliance on
key strategic alliances, fluctuations in operating results, and
other factors indicated in Mazor's filings with the Securities and
Exchange Commission (SEC) including those discussed under the
heading "Risk Factors" in Mazor’s annual report on Form 20-F filed
with the SEC on April 29, 2015 and in subsequent filings with the
SEC. For more details, refer to Mazor's SEC filings. Mazor
undertakes no obligation to update forward-looking statements to
reflect subsequent occurring events or circumstances, or to changes
in our expectations, except as may be required by law.
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version on businesswire.com: http://www.businesswire.com/news/home/20150707005606/en/
U.S.:EVC GroupInvestorsMichael Polyviou/Doug
Sherk212-850-6020; 415-652-9100mpolyviou@evcgroup.com;
dsherk@evcgroup.comorMediaDavid Schemelia,
646-201-5431dave@evcgroup.com
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