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Mazor Robotics Receives Order for Three Mazor X Systems from a Major U.S. Regional Institution

October 27, 2016 4:30 AM EDT

CAESAREA, Israel--(BUSINESS WIRE)-- Mazor Robotics Ltd. (TASE:MZOR; NASDAQGM: MZOR), a pioneer and a leader in the field of surgical guidance systems, today announced three additional orders for the Mazor X system from a first time customer, a major U.S. regional institution in the Northeastern United States.

“The momentum for the Mazor X system continues to build in the marketplace,” said Ori Hadomi, Chief Executive Officer. “This new order is particularly strategic for us because it demonstrates the effectiveness of the co-marketing activities with our commercial partner and the extended market reach enabled by this cooperation.”

About Mazor Robotics

Mazor Robotics (TASE:MZOR; NASDAQGM: MZOR) believes in healing through innovation by developing and introducing revolutionary technologies and products aimed at redefining the gold standard of quality care. Mazor Robotics Guidance Systems enable surgeons to conduct spine and brain procedures in a more accurate and secure manner. For more information, please visit www.MazorRobotics.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. Any statements in this release about future expectations, plans or prospects for the Company, including without limitation, statements regarding the market momentum for the Mazor X system, the benefits of the cooperation with Medtronic, and other statements containing the words “believes,” “anticipates,” “plans,” “expects,” “will” and similar expressions are forward-looking statements. These statements are only predictions based on Mazor’s current expectations and projections about future events. There are important factors that could cause Mazor’s actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements. Those factors include, but are not limited to, the impact of general economic conditions, competitive products, product demand and market acceptance risks, reliance on key strategic alliances, fluctuations in operating results, and other factors indicated in Mazor’s filings with the Securities and Exchange Commission (SEC) including those discussed under the heading “Risk Factors” in Mazor’s annual report on Form 20-F filed with the SEC on May 2, 2016 and in subsequent filings with the SEC. For more details, refer to Mazor’s SEC filings. Mazor undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in our expectations, except as may be required by law.

EVC Group
Michael Polyviou, 732-232-6914
[email protected]
or
Investors
Doug Sherk, 415-652-9100
[email protected]

Source: Mazor Robotics Ltd.



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