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Chindex International Announces Breakthrough Sale Of First Intuitive Surgical System In Mainland China

Chindex International, Inc.
2006-11-03 15:52 3931

Chinese Military Hospital Becomes First User of Intuitive Surgical’s Robotic

Surgical System In The Chinese Mainland

BETHESDA, Md, Nov. 3 /Xinhua-PRNewswire/ -- Chindex International, Inc.

(NASDAQ: CHDX), a leading independent American provider of western healthcare

products and services in the People’s Republic of China, announced that it

has concluded the first mainland China sale of a Da Vinci(R) Surgical System,

manufactured by Intuitive Surgical (NASDAQ: ISRG), the innovator and market

leader in surgical robotics. The system was purchased by and will be

installed at the People’s Liberation Army 301 General Hospital in Beijing,

one of the most highly regarded multi-disciplinary surgical skills centers in

China.

Roberta Lipson, Chindex President and CEO, commented from Beijing, "We

are pleased to announce our first robotic surgical system sale in mainland

China. It will offer Chinese surgeons exposure to this ground-breaking

technology that has become the global gold standard in minimally invasive

surgery. The installation of this system at PLA 301 Hospital in Beijing will

provide unprecedented surgeon dexterity and control, enhance the level of

patient care and serve as a national focal point to drive interest and demand

for robotic surgery throughout China."

About Chindex International, Inc.

Chindex is an American healthcare company that provides healthcare

services and supplies medical capital equipment, instrumentation and products

to the Chinese marketplace, including Hong Kong. It provides healthcare

services through the operations of its United Family Hospitals and Clinics, a

network of private primary care hospitals and affiliated ambulatory clinics

in China. The Company’s hospital network currently operates in the Beijing

and Shanghai metropolitan areas. The Company sells medical products

manufactured by various major multinational companies, including Siemens AG,

which is the Company’s exclusive distribution partner for the sale and

servicing of color doppler ultrasound systems. It also arranges financing

packages for the supply of medical products to hospitals in China utilizing

the export loan and loan guarantee programs of both the U.S. Export-Import

Bank and the German KfW Development Bank. With twenty-five years of

experience, 950 employees, and operations in China, Hong Kong, the United

States and Germany, the Company’s strategy is to expand its cross-cultural

reach by providing leading edge healthcare technologies, quality products and

services to Greater China’s professional communities. Further company

information may be found at the Company’s websites, http://www.chindex.com

and http://www.unitedfamilyhospitals.com .

About Intuitive Surgical:

Intuitive Surgical, Inc., headquartered in Sunnyvale, California, is the

global technology leader in the rapidly emerging field of robotic-assisted,

minimally invasive surgery (MIS). Intuitive Surgical develops, manufactures

and markets robotic technologies designed to improve clinical outcomes and

help patients return more quickly to active and productive lives. The

company’s mission is to extend the benefits of minimally invasive surgery to

the broadest possible base of patients. More information is available at

http://www.intuitivesurgical.com and http://www.davinciprostatectomy.com .

Statements made in this press release relating to plans, strategies,

objectives, economic performance and trends and other statements that are not

descriptions of historical facts may be forward-looking statements within the

meaning of Section 27A of the Securities Act of 1933, as amended (the

“Securities Act”), and Section 21E of the Securities Exchange Act of 1934,

as amended (the “Exchange Act”). Forward-looking information is inherently

subject to risks and uncertainties, and actual results could differ

materially from those currently anticipated due to a number of factors, which

include, but are not limited to, the factors set forth under the heading

“Risk Factors” in our annual report on Form 10-K for the year ended March

31, 2006 and in other documents filed by us with the Securities and Exchange

Commission from time to time. Forward-looking statements may be identified by

terms such as “may”, “will”, “should”, “could”, “expects”,

“plans”, “intends”, “anticipates”, “believes”, “estimates”,

“predicts”, “forecasts”, “potential”, or “continue” or similar terms

or the negative of these terms. Although we believe that the expectations

reflected in the forward-looking statements are reasonable, we cannot

guarantee future results, levels of activity, performance or achievements. We

have no obligation to update these forward-looking statements.

Source: Chindex International, Inc.
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