Quantcast
 
New book by Larry Connors Click here Improve your trading - See how


 

Stereotaxis Showcases Interventional Value of Magnetic Navigation at TCT 2009

Thu. September 24, 2009; Posted: 06:30 AM
Stocks RSS
ST. LOUIS, Sept 24, 2009 /PRNewswire-FirstCall via COMTEX/ -- STXS | Quote | Chart | News | PowerRating -- Stereotaxis, Inc. (Nasdaq: STXS | Quote | Chart | News | PowerRating) is showcasing the value of its technologies for interventional procedures at the Transcatheter Cardiovascular Therapeutics (TCT) symposium in San Francisco this week. Stereotaxis pioneered remote magnetic navigation in electrophysiology and clinicians have repeatedly demonstrated the value of its technologies in the treatment of cardiac arrhythmias. More than 23,000 cases have been performed with the Magnetic Navigation System, and this clinical experience includes many compelling interventional procedures. In the cath lab as well as the EP lab, Stereotaxis' computer-controlled devices, integrated information systems and advanced networking tools deliver opportunities for hospitals and clinicians to simplify the treatment of complex cases and ultimately aim for enhanced patient care and improved outcomes.

On Monday, September 21, Dr. Gurpreet S. Sandhu of the Mayo Clinic presented data from his use of Stereotaxis' Magnetic Navigation System to treat chronic total occlusions. In his presentation "Beyond Guidewires: What Novel Technologies Help Today?" Dr. Sandhu highlighted the value of the Niobe system in the treatment of failed PCIs . Additionally, Dr. Jeffrey Moses of Columbia University Medical Center presented a live case in which he used the Stereotaxis three-dimensional vessel reconstruction to assist in the treatment of a chronic total occlusion in a patient who had previously undergone open heart surgery.

"Our Niobe System has been used to perform more procedures across the broadest range of cardiovascular applications than any other remote magnetic, robotic or mechanical navigation system presently available," said Michael P. Kaminski, Stereotaxis President and CEO. "In addition to its widespread adoption in EP labs, the Niobe System has been used in the treatment of patients with congenital heart defects and peripheral vascular occlusive disease, and we are very excited about the opportunities we see to extend the value of our magnetic navigation and information management technologies into these and other potential cardio-vascular applications."

At its TCT booth #600, Stereotaxis is showcasing its Pegasus(TM) Magnetic Guidewires and Odyssey(TM) System.

Pegasus Magnetic Guidewires

Stereotaxis recently introduced the Pegasus family of magnetically steerable guidewires. Pegasus is a blended stainless steel and Nitinol(TM) wire that provides exceptional and accurate omni-directional distal tip control. Its clinical advantages include excellent torque control and tip durability; optimal shaft support and device deliverability; and nearly effortless advancement through stenotic and tortuous vessel segments.

The Odyssey System

The Odyssey information backbone will be showcased by demonstrating the new Odyssey QuadHD ultra high resolution display and Odyssey Cinema, which synchronizes and archives lab data and can share a fully integrated view of a procedure with any laptop in the world on a high speed internet connection. This Odyssey portfolio is now designed to integrate standard labs, allowing all labs within a department to leverage the capabilities of remote lab viewing, recording and collaboration.

TCT is being held at the Moscone Center in San Francisco from September 21 to 25, 2009. For more information on Stereotaxis, please visit www.stereotaxis.com.

About Stereotaxis

Stereotaxis designs, manufactures and markets an advanced cardiology instrument control system for use in a hospital's interventional surgical suite to enhance the treatment of coronary artery disease and arrhythmias. The Stereotaxis System is designed to enable physicians to complete more complex interventional procedures by providing image guided delivery of catheters and guidewires through the blood vessels and chambers of the heart to treatment sites. This is achieved using computer-controlled, externally applied magnetic fields that govern the motion of the working tip of the catheter or guidewire, resulting in improved navigation, shorter procedure time and reduced x-ray exposure. The core components of the Stereotaxis system have received regulatory clearance in the U.S., Europe, and Canada and elsewhere.

About Forward Looking Statements

This press release includes statements that may constitute "forward- looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance for the Company's products in the marketplace, competitive factors, changes in government reimbursement procedures, dependence upon third-party vendors, and other risks discussed in the Company's periodic and other filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. There can be no assurance that we will recognize revenue related to our purchase orders and other commitments in any particular period or at all because some of these purchase orders and other commitments are subject to contingencies that are outside of our control. In addition, these orders and commitments may be revised, modified or canceled, either by their express terms, as a result of negotiations, or by project changes or delays.

SOURCE Stereotaxis, Inc.

http://www.stereotaxis.com
For full details on Stereotaxis Inc (STXS) click here. Stereotaxis Inc (STXS) has Short Term PowerRatings of 6. Details on Stereotaxis Inc (STXS) Short Term PowerRatings is available at This Link.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Most Popular News
  UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
* Attendance is strictly limited and are filled on a first-come, first-served basis.
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.