Healthcare Industry News: ALOKA COMPANY
News Release - August 20, 2007
Aloka Ultrasound and RFA Medical Combine Efforts to Bring State-of-the-Art Technology to the Operating RoomWALLINGFORD, Conn.--(HSMN NewsFeed)--Aloka Ultrasound (Wallingford, CT) and RFA Medical (Fremont, CA) have agreed to combine efforts in promoting their respective medical devices used for ablative procedures. Aloka's ultrasound technology is the imaging modality used to guide the placement of RFA Medical's HS-RFA(TM) bi-polar radio frequency ablation device during ablative procedures.
Aloka and RFA Medical expect the alliance to increase and broaden awareness among surgeons of the important benefits provided by each company's complementary products. Each company will retain direct control of the sales process for their individual devices.
Aloka's Chief Operating Officer David Famiglietti commented, "We are excited to be working with RFA Medical as a way to further strengthen our leadership position in the IOUS(TM) (Intraoperative Ultrasound) market. We are extremely impressed with the advancements RFA Medical has made in the area of bi-polar radio frequency ablation with their HS-RFA(TM) technology, and especially pleased that they chose to design their laparoscopic device to operate with Aloka's exclusive end-fire laparoscopic transducer. We look forward to a long-term and mutually beneficial relationship with RFA Medical."
RFA Medical's President Steven Daniel went on to say "We are also delighted to be working with such a progressive and forward-looking company as Aloka. We feel that together we can bring the technological benefits from both companies to our mutual current and future customers so that they can better care for their patients."
ALOKA COMPANY, Ltd. (TSE: 7704 )--The Innovator in Ultrasound--has served the worldwide medical community for more than 50 years. As one of the longest continuously operating ultrasound companies in the world, Aloka is one of the most experienced and innovative firms in the diagnostic ultrasound market with more than 200,000 ultrasound systems installed worldwide. Aloka's U.S. headquarters is located in Wallingford, CT. www.aloka.com
About RFA Medical
RFA Medical, Inc. is a privately held medical device company specializing in the area of oncology including devices for high speed bi-polar radio frequency ablation incorporating proprietary HS-RFA(TM) technology and devices for the pre-coagulation of tissue prior to resections. RFA Medical's headquarters is located in Fremont, CA. www.rfamedical.com
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements, the accuracy of which is necessarily subject to risks and uncertainties. Discussions regarding physician adoption, performance of the system, and other matters discussed in this release, may differ significantly from the discussion of such matters in the forward-looking statements. Such differences may be based upon factors such as strategic planning decisions by management, regulatory requirements, re-allocation of internal resources, decisions by insurance companies, scientific advances by third parties, and introduction of competitive products, as well as those factors set forth in the Company's most recent Reports.
Source: Aloka Company
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