SAN DIEGO, Aug. 9, 2007 (PRIME NEWSWIRE) -- Viking Systems, Inc. (OTCBB:VKSY), a designer, manufacturer and marketer of high-performance laparoscopic vision systems for use in minimally invasive surgical (MIS) procedures, has expanded its international distribution network by partnering with Saudi Services & HealthCARE Co., Ltd., a medical device distributor in Saudi Arabia.
Saudi Services & HealthCARE Co., Ltd. (CARE) is an industry leader providing niche surgical markets with the most advanced technology available. The company has highly specialized experience in delivering sophisticated medical devices to the surgical operating suite and intends to use this expertise to help Saudi Arabian surgeons understand the impact 3D vision will have on their surgical practices.
"The Kingdom of Saudi Arabia and the Gulf Region countries, with their well equipped medical facilities both in the public and private sectors, always seek the latest and most advanced medical devices and systems," said general manager, Saad M. Abou Sakher. "Viking's proprietary 3Di Vision System with ergonomic and integrative information features is unique in its application for the MIS procedures. We at CARE are looking forward to introducing Viking Systems by setting a prime location in Riyadh to be a reference for the regional medical facilities."
Stephen Heniges, Viking's senior vice president, global marketing and clinical development adds, "Our relationship with Saudi Services & HealthCARE Co., Ltd. is ideal as they are known for providing premier solutions to the healthcare industry throughout the Kingdom of Saudi Arabia and the Gulf Region. Surgeons from these countries have expressed a strong interest in obtaining the benefits of 3D visualization for complex MIS procedures offered by our system and this partnership will enable Saudi Services & HealthCARE Co. to address these inquiries and sell Viking's 3Di Vision System technology exclusively throughout their region."
About Viking Systems, Inc.
Viking Systems, Inc. is a designer, manufacturer and marketer of FDA-cleared, CE-marked, high-performance laparoscopic vision systems. The Company's primary branded product is the 3Di Vision System, an advanced three-dimensional (3D) vision system used by surgeons for complex minimally invasive laparoscopic surgery, with an initial focus on applications in urology, gynecology, bariatric and general surgery. Viking also manufactures advanced two-dimensional (2D) 2Di Digital Vision Systems for targeted configurations and channels, as well as 2D cameras and components, sold through strategic partners and OEM programs.
About Saudi Services & HealthCARE Co. Ltd.
Saudi Services and HealthCARE Co., Ltd. (CARE) was formed in 1994 as a vehicle to provide premier solutions to the healthcare market. The company offers a high level of customer and product services including product evaluation/demonstration, current client references, manufacturer's assistance, installation, and training. They are dedicated to providing extensive product implementation and a high level of after sale client support services to assure successful operation and return on investment.
Statements contained in this press release regarding matters that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Such statements include, but are not limited to, statements regarding Viking's goals, its prospects for growth and its marketing efforts. Risks that contribute to the uncertain nature of the forward-looking statements include: risks related to the effectiveness of its marketing program, its ability to continue to obtain funding, its ability to maintain sales momentum, and costs associated with internal development, partnership and in-licensing activities. These and other risks and uncertainties are described more fully in Viking's most recently filed SEC documents, including its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, under the headings "Risk Factors." All forward-looking statements contained in this press release speak only as of the date on which they were made. Viking undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.