EDAP TMS Appoints Sigmacon (UK) Ltd as Exclusive U.K. Ablatherm(R)-HIFU Distributor
11 June 2005 - 2:00AM
PR Newswire (US)
EDAP TMS Appoints Sigmacon (UK) Ltd as Exclusive U.K.
Ablatherm(R)-HIFU Distributor LYON, France, June 10
/PRNewswire-FirstCall/ -- EDAP TMS S.A. (NASDAQ:EDAP), is pleased
to announce a distribution agreement with Sigmacon UK Ltd, giving
the company exclusive rights to promote and market Ablatherm- HIFU
in the U.K. Sigmacon (UK) Ltd has more than 25 years of experience
marketing a wide range of therapeutic devices to the urological
community in the U.K. The company has extensive experience in
organizing workshops and seminars promoting the utilization of new
technologies to enhance patient outcomes and grow clinical business
for physicians. Sigmacon's history of success includes technologies
such as lasers and radiofrequency devices. Due to the exclusive
partnership with Sigmacon, EDAP will be able to reach the majority
of British clinics and hospitals where urology procedures are
performed, significantly expanding the patient population which can
be served by Ablatherm-HIFU treatment for localized prostate
cancer. Based on the recent guidance from the National Institute
for Clinical Excellence (NICE) supporting the use of HIFU for the
treatment of prostate cancer, Sigmacon will be actively introducing
the Ablatherm-HIFU device to the U.K. market and adding new
treatment sites. EDAP has been providing Ablatherm-HIFU treatment
to British patients from its pilot installation in Stockport for
more than a year with great success. Hugues de Bantel, CEO of EDAP,
commented: "We are excited to expand our presence in the U.K. and
confident Sigmacon is the right partner to bring Ablatherm-HIFU
technology to this market. The company has a long history in
medical devices, including winning approvals and reimbursement in
the U.K. for dedicated products. The company also has the reach and
credibility within a large medical market to increase
Ablatherm-HIFU recognition, a key part of our strategy in expanding
the utilization of this innovative and highly successful
technology." More than 27,000 men in the U.K. are diagnosed with
prostate cancer every year, and 10,000 die from the disease.
Ablatherm(R)-HIFU offers an alternative therapeutic option for
patients with localized prostate cancer, particularly for patients
who are not candidates for surgery or those for whom radiotherapy
treatment has failed. In contrast to other treatment methods,
Ablatherm-HIFU requires only a short period of hospitalization and
has low complication and side-effect rates. Unlike radiation, HIFU
treatment can also be safely repeated if necessary. David Levey,
Director of Sigmacon, added, "Sigmacon has always been at the
cutting edge of medical technology. We are constantly in contact
with our customers to ensure they are fully satisfied with our
innovative products dedicated to enhance the quality of treatment
available to patients. Through our partnership with EDAP, we will
work to support the business model necessary for our customer
clinics to successfully incorporate the new Ablatherm-HIFU
treatment into the daily practice. We are very excited to begin
moving Ablatherm-HIFU technology for the treatment of localized
prostate cancer into the U.K. market, while offering the patient
better quality of life." Hugues de Bantel concluded: "EDAP
continues to build on its already strong presence in key European
markets, including the U.K. We are working to earn appropriate
reimbursement approvals and further the acceptance and awareness of
Ablatherm-HIFU as a preferred treatment for prostate cancer,
especially in cases where the patient's health may make traditional
treatments less favorable or in cases where the patient wishes to
avoid the many side effects associated with surgery and radiation.
Ablatherm-HIFU is a safe, proven treatment method coupled with
unique business models for the clinical setting which allow for
flexible installation as a permanent or mobile treatment option."
Sigmacon will be present at the British Association of Urology
Surgeons (B.A.U.S.) meeting to be held in Glasgow, Scotland, from
June 27 to July 1, 2005. An Ablatherm-HIFU unit will be on display
at booth #87. Urologists are invited to visit the Sigmacon booth to
meet HIFU users and discuss the potential of the Ablatherm-HIFU
technology in the clinical setting and its availability in the U.K.
About EDAP TMS S.A. EDAP TMS S.A. develops and markets Ablatherm,
the most advanced and clinically proven choice for High Intensity
Focused Ultrasound (HIFU) treatment of localized prostate cancer.
HIFU treatment is shown to be a minimally invasive and effective
treatment option with a low occurrence of side effects. The company
is also developing this technology for the treatment of certain
other types of tumors. EDAP TMS S.A. also produces and
commercializes medical equipment for treatment of urinary tract
stones using Extra-corporeal Shockwave Lithotripsy (ESWL). For more
information on the Company, contact the Investor Relations Dept by
phone at +33 (0)4 78 26 40 46 or see the Company's Web site at:
http://www.edap-tms.com/ . This press release contains, in addition
to historical information, forward-looking statements that involve
risks and uncertainties. These include statements regarding the
Company's growth and expansion plans. Such statements are based on
management's current expectations and are subject to a number of
uncertainties and risks that could cause actual results to differ
materially from those described in the forward-looking statements.
Factors that may cause such a difference include, but are not
limited to, those described in the Company's filings with the
Securities and Exchange Commission. CONTACT: EDAP TMS S.A. Hugues
de Bantel - Philippe Chauveau Blandine Confort +33 4 78 26 40 46
Halliburton Investor Relations Matt Kreps - Geralyn DeBusk 972 458
8000 DATASOURCE: EDAP TMS S.A. CONTACT: Hugues de Bantel, Philippe
Chauveau or Blandine Confort, all of EDAP TMS S.A.,
+33-4-78-26-40-46; or Matt Kreps or Geralyn DeBusk, both of
Halliburton Investor Relations, +1-972-458-8000, for EDAP TMS S.A.
Web site: http://www.edap-tms.com/
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