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|Montreal Heart Institute Implements Stereotaxis Technologies|
“Implementation of these leading-edge technologies is a major advancement for our arrhythmia program that will benefit patients not only in
“The majority of children born with heart defects are now surviving into their adult years, giving rise to a rapidly growing population of patients with congenital heart disease," stated Dr.
Congenital heart disease (CHD) is the most prevalent type of birth defect, afflicting approximately 1% of the Canadian population. Whereas a few decades ago, most people with severe forms of congenital heart disease died during childhood, over 90% now survive into adulthood. Arrhythmias are the most common complication encountered and often occur in a context that renders conventional therapies unsuitable or ineffective.
This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe”, "estimate”, "project”, "expect" or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, the Company's ability to raise additional capital on a timely basis and on terms that are acceptable, its ability to continue to manage expenses and cash burn rate at sustainable levels, its ability to continue to work with lenders to extend, repay or refinance indebtedness, or to obtain additional debt financing, in either case on acceptable terms, continued acceptance of the Company's products in the marketplace, the effect of global economic conditions on the ability and willingness of customers to purchase its systems and the timing of such purchases, competitive factors, changes resulting from healthcare reform in