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Mazor Robotics Reports Three Additional Orders for Renaissance System in 4Q 2015

Mazor Robotics Ltd., a developer of innovative guidance systems and complementary products, today reported three additional fourth quarter 2015 orders for the Renaissance system, including from hospitals in new US metropolitan markets.

The first system was installed in a Philadelphia metropolitan area hospital. The second system will be installed in a Birmingham, Alabama metropolitan area hospital. A third system was ordered internationally from a distribution partner. These represent orders for the fifth, sixth and seventh Renaissance systems to date in the fourth quarter ending December 31, 2015.

“Our success in the quarter, with orders to date in a variety of targeted US markets reflects our expanded sales footprint, increasing effectiveness of the sales organization and process, and the increasing awareness of the Renaissance system,” commented Ori Hadomi, Chief Executive Officer. “With seven systems ordered to date during the current quarter, we remain confident that our team will sell more Renaissance systems in the second half of 2015 as compared to the first half of the year.”

The Company will announce the total number of system orders for the fourth quarter ending December 31, 2015 during the first week of January 2016.

About Mazor

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

Source: http://www.mazorrobotics.com/

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