ATS Medical, Inc.
(Nasdaq: ATSI) -- developer, manufacturer and marketer of a wide variety of
cardiac surgery products and services, today announced an exclusive
distribution agreement with Novare Surgical Systems, Inc. for Novare's
Enclose II(R) cardiac anastomosis assist device. ATS Medical will
distribute the device in the United States, Germany, France and the United
Kingdom.
The Enclose II anastomosis assist device is used by cardiac surgeons to
attach a bypass vessel to the aorta during coronary artery bypass graft
(CABG) surgery. It is estimated that more than 800,000 CABG procedures are
performed worldwide each year.
ATS Medical President, CEO and Chairman of the Board Michael D. Dale
noted, "Our exclusive distribution agreement with Novare Surgical Systems
is another step towards our goal of becoming a more diversified cardiac
surgery business through new business development. The Enclose II device
broadens our product offerings and allows us greater opportunities to
support cardiac surgeons in the treatment of structural heart disease. We
can more optimally leverage the call points, purchasing pathways and sales,
marketing and distribution infrastructure that we have successfully
developed. The Enclose II is an innovative and proprietary option for
cardiac surgeons that can help them reduce risk for their patients
undergoing coronary bypass surgery. We are excited about the prospects for
our collaboration with Novare."
"Novare has been looking for a stable, cardiac surgeon-friendly
marketing partner for some time," added Kerry Pope, President and CEO of
Novare Surgical Systems. "Our customers will receive the benefit of ATS
Medical's premiere sales and marketing organization bringing innovative
products like Enclose II to them."
The Enclose II anasotomosis assist device was designed for on-pump and
off-pump (or "beating heart") CABG procedures. Its handheld nature allows
the cardiac surgeon to create an enclosed bloodless field approximately one
centimeter square in the fully pressurized aorta without the necessity of a
side-biting, partial occlusion clamp. Partial occlusion clamping has been
associated with a variety of post-operative complications, possibly due to
the release of plaque from the aorta vessel walls. Enclose II was
redesigned from the original Enclose I device to improve its functionality
and ease of handling for the surgeon.
With the Enclose II device, the surgeon creates a sutured connection,
or proximal anastomosis, of a vein or arterial graft to the aorta using
standard suturing techniques. Unlike connector technology that eliminates
both the side-biting clamp and the traditional anastomosis technique, the
Enclose II device preserves the well-documented high-patency rates and
hemodynamics of hand-sutured proximal anastomoses. The Enclose technology
has been used by cardiac surgeons in more than 15,000 procedures for bypass
connection without reported adverse events and was developed by renowned
surgeon and inventor Thomas J. Fogarty, M.D.
Novare Surgical Systems is based in Cupertino, California. It was
founded in 1999 to develop, manufacture and market devices for tissue
manipulation during cardiovascular, thoracic and peripheral vascular
surgery. The company's web site is novaresurgical.
About ATS Medical
ATS Medical, Inc. manufactures and markets products and services
focused on cardiac surgery. The company, global in scope, has been
headquartered in Minneapolis since its founding in 1991. More than 130,000
ATS Open Pivot(R) Heart Valves, which utilize a unique pivot design
resulting in exceptional performance and low risk profile, have been
implanted in patients worldwide. ATS Medical's focus on serving the cardiac
surgery community is further strengthened by offerings that include ATS
Simulus(TM) annuloplasty products for heart valve repair, Surgi-Frost(R)
and Frost-Byte(TM) products for surgical cryoablation of cardiac
arrhythmias, RTI-Cardiovascular for allograft tissue services, QAS home
monitoring services for anticoagulation therapy and the development of
PARSUS blood filtration technology. The ATS Medical web site is
atsmedical.
Safe Harbor
This Press Release contains forward-looking statements that may include
statements regarding intent, belief or current expectations of the Company
and its management. Actual results could differ materially from those
projected in the forward looking statements as a result of a number of
important factors, including regulatory actions, competition, pricing
pressures, supplier actions and management of growth. For a discussion of
these and other risks and uncertainties that could affect the Company's
activities and results, please refer to the Company's filings with the
Securities and Exchange Commission including its Form 10-K for the year
ended December 31, 2005, as amended.
ATS Medical, Inc.
atsmedical