Titan Medical Inc. Completes the Next Major Milestone in the Development of the SPORT(TM) Surgical System -- The Design and Test of a Feasibility Prototype

TORONTO, ON--(Marketwired - March 17, 2015) - Titan Medical Inc. ("Titan" or the "Company") (TSX: TMD) (OTCQX: TITXF) today announced that it has completed the next major milestone in the development of the SPORT™ Surgical System -- the design and test of a feasibility prototype. It demonstrates feasibility to build a next generation workstation and advanced instruments, and it enables expanded use of the SPORT Surgical System.

Dennis Fowler, Executive Vice President, Clinical and Regulatory Affairs of Titan Medical Inc., commented, "We are very pleased to complete this important milestone as planned. The SPORT Surgical System will provide highly dexterous instruments on a smaller, affordable and mobile platform that includes 3D high definition imaging and an ergonomic workstation with customized master controllers and hand pieces. We believe that the SPORT Surgical System will be used for a broad array of abdominal surgery indications including general surgery, gynecologic, and urologic procedures."

"The features of the SPORT Surgical System have been validated by 'voice of customer' input. We are very pleased that the SPORT Surgical System, as designed, will enable the customer to achieve a very significant return on investment clinically, financially, and operationally," said John Hargrove, Chairman and Chief Executive Officer of Titan Medical Inc. "I want to congratulate our entire team on this significant accomplishment, and I look forward to working with them and making further progress in the development of our technology."

About Titan Medical Inc.

Titan Medical Inc. is a Canadian public company focused on the design and development of a robotic surgical system for application in minimally invasive surgery ("MIS"). The Company's Single Port Orifice Robotic Technology, SPORT™ Surgical System, currently under development, is comprised of a surgeon-controlled robotic platform that includes a 3D vision system and interactive instruments for performing MIS procedures, and a surgeon workstation that provides the surgeon with an interface to the robotic platform for controlling the interactive instruments and providing a 3D endoscopic view of inside a patient's body during MIS procedures. The SPORT™ Surgical System is being designed to expand robotic surgery into both simple and complex areas of surgical specialties and procedures that are currently under-serviced. It is also being designed to allow surgeons to perform procedures within small- to medium-size surgical spaces for general abdominal, gynecologic, and urologic indications. For more information, visit the Company's website at www.titanmedicalinc.com.

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