posted
7:02 AM ET 1/26/10 | GlobeNewswire Viking Systems, Inc. (OTCBB:VKNG), a supplier of 2D and 3D visualization systems for the medical market, announced today that Yuri Kazakevich has joined Viking as Vice President of Research and Development.
"Yuri is joining Viking at an important stage, as the company positions itself to lead the way in the 3DHD surgical vision systems," said Jed Kennedy, President and CEO of Viking Systems, Inc. Prior to joining Viking Mr. Kazakevich held various technical leadership positions within Smith & Nephew Endoscopy where he lead the R&D efforts in optics and camera development. He holds 15 US Patents related to the field of visualization in minimally invasive surgery with three additional patents pending. Mr. Kazakevich earned his BS and MS in Optical Engineering at Institute of Fine Mechanics and Optics, Leningrad, USSR.
In November 2009, the Company announced achievement of a major milestone related to the demonstration of Viking Systems' "Next Generation" 3DHD camera system utilizing a prototype Sony 3DHD flat panel display at the American College of Surgeon's 95th annual Clinical Congress. During 2010 Viking Systems intends to complete the development of this unique Next Generation system and currently plans to launch the system in the fourth quarter of 2010. Mr. Kennedy further stated, "We believe Yuri will provide the technical leadership needed to accelerate the development of our Next Generation system, improve our intellectual property portfolio, and strengthen our technology leadership position in the 3DHD surgical visualization market."
About Viking Systems, Inc.
Viking Systems, Inc. (OTCBB:VKNG) is a leading worldwide developer, manufacturer and marketer of visualization solutions for complex minimally invasive surgery. The Company partners with medical device companies and healthcare facilities to provide surgeons with proprietary visualization systems enabling minimally invasive surgical procedures, which reduce patient trauma and recovery time. For more information visit the Company's website at: www.vikingsystems.com
This press release contains forward-looking statements. These forward-looking statements are estimates reflecting the best judgment of our management and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. These forward-looking statements should, therefore, be considered in light of various important factors as described in our annual report on Form 10-K under the heading "Risk Factors" as updated from time to time by our quarterly reports on Form 10-Q and our other filings with the Securities and Exchange Commission. Statements concerning forecasts, revenue growth, procedure growth, future financial results, and statements using words such as "estimate", "project", "plan", "intend", "expect", "anticipate", "believe" and similar expressions are intended to identify forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. We undertake no obligation to publicly update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.
posted
Doubled my shares on this one Friday when it dipped to 0.21. It's bottom bouncing and closed at 0.22, and SAR flipped to 0.21 Watch this one!
Posts: 38 | From: Boston | Registered: Jan 2010
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
