Intuitive Surgical to Begin Direct Sales of da Vinci(R) Surgical Systems in
SUNNYVALE, Calif., July 1, 2014 (GLOBE NEWSWIRE) -- Intuitive Surgical
(Nasdaq:ISRG) and Adachi Co. Ltd. today announced an agreement to transition
Japanese sales, marketing, service, support and training for da Vinci®
Systems, instruments and accessories to Intuitive Surgical, a transition that
began June 26, 2014. With this agreement, Intuitive Surgical will further
expand its presence in the Asia Pacific region.
da Vinci Surgical System
da Vinci Surgery logo
A photo accompanying this release is available at
Intuitive Surgical and Adachi will work together to ensure da Vinci customers
in Japan experience a smooth transition. In addition, Intuitive Surgical will
offer employment to a number of Adachi employees who have experience with the
da Vinci business. These employees will be added to Intuitive Surgical's
existing regulatory team, call center and other departments to further
strengthen the highly capable organization.
"Adachi has made a significant contribution to da Vinci Surgery in Japan,
establishing the da Vinci Surgical System in the Japanese market," said Gary
Guthart, Intuitive Surgical President and Chief Executive Officer. "We are
thankful for their contributions. This agreement allows Intuitive Surgical to
increase our interaction and collaboration with Japanese customers and is
another step in building our long-term capabilities in Asia."
"Japan is a significant country for Intuitive Surgical," said Jeroen M.M. van
Heesewijk, Intuitive Surgical Asia Pacific Vice President. "It is the second
largest medical device market in the world and an area where we currently have
more than 150 customers. With a direct team in Japan, we seek closer
collaboration with Japanese customers, surgical societies and leading
Intuitive Surgical has worked directly with Japan's regulatory body, the
Ministry of Health, Labour and Welfare (MHLW), for the past several years to
secure regulatory clearance of products and reimbursement. "We look forward to
continuing our cooperative relationship with the MHLW," said Seiji Kamijo,
Intuitive Surgical Japan, Vice President and Director.
The terms of the arrangement were not disclosed and are not expected to have a
material impact on Intuitive Surgical's results of operations.
About Intuitive Surgical, Inc.
Intuitive Surgical, Inc. (Nasdaq:ISRG), headquartered in Sunnyvale, Calif., is
the global leader in robotic-assisted, minimally invasive surgery. Intuitive
Surgical develops, manufactures and markets the daVinci^Surgical System.
About thedaVinci^Surgical System
ThedaVinciSurgical System is a surgical platform designed to facilitate
surgery using a minimally invasive approach. ThedaVinciSurgical System
consists of one or two ergonomic surgeon consoles, a patient-side cart with
three or four interactive arms, a 3D HD vision system and
This press release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. These forward-looking
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management and involve a number of risks and uncertainties that could cause
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of the date of this press release. We undertake no obligation to publicly
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CONTACT: Intuitive Surgical Corporate Communications
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