New Wave Surgical Adds 36 New Customer Accounts in August and 22 in September; Remains on Pace to Add 200 in 2011

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New Wave Surgical Corp. announces strong sales growth and hospital customer retention in August and September.

New Wave Surgical is pleased to announce that it has added 22 new hospitals as customers in September in addition to the 36 new hospitals added in August. New Wave Surgical had 200 existing accounts at the beginning of 2011, and, with the new hospitals added in August and September, remains on pace to add a total of 200 more hospital accounts in 2011. In addition, approximately 90% of customers have re-ordered New Wave Surgical’s D-HELP® (Defogging Heated Endoscopic Lens Protector) device to date. Andrew Widmark, Chief Executive Officer of New Wave Surgical, stated “We are pleased with the market’s response to our D-HELP product and look forward to continued growth in the market for our products which aid visualization in laproendoscopic surgical procedures.”

Matt Sokany, Vice President of Sales of New Wave Surgical said “D-HELP virtually eliminates fogging and efficiently keeps the lens of the scope clean which saves operating room time and anesthesia for surgical patients. In addition, the system protects the laproscope camera, reduces repair costs to the hospital and replaces the current product used, so there is often times no increase to the customer’s operating room budget. Given D-HELP's clinical and economic benefits for the hospital customer, we are not surprised to see continued market acceptance and high rates of customer retention.”

New Wave Surgical Corp. is a medical device development company incorporated in 2004 to design, patent, and market medical devices for the laparoendoscopic surgical markets. Development of the D-HELP® device was accomplished with the participation of leading surgeons, surgical residents, and operating room staff. The D-HELP is a sterile disposable multifunctional device designed for use in all laparoscopic procedures. The device combines the functions of several supplies currently purchased by hospitals into one simple-to-use device. D-HELP also encompasses valuable new functions that have heretofore been entirely unaddressed in laparoscopy. FDA 510k clearance was received for D-HELP in October 2006 and the product was commercially launched in October 2007. NWS has been granted three US patents, and has two US patents and four international patents pending.

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Alexander Gomez
New Wave Surgical
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