Mazor Robotics Sells Renaissance System to Large US Catholic Health Organization

Mazor Robotics Ltd., a developer of innovative guidance systems and complementary products, today announced that it sold a Renaissance system to one of the largest Catholic Health organizations in the US and signed an agreement with this healthcare network to provide a platform to sell additional systems and the portfolio of disposable products throughout the hospital network. The Company had previously sold a Renaissance system to one of network’s hospitals in the 2013 second quarter.

“Our strategy of penetrating the individual hospital enabled us to foster a deeper relationship with parent healthcare organization, resulting in a new system sale and agreement to help facilitate sales of additional Renaissance systems throughout the network. This represents the fourth national account and it further enhances our efforts to raise the awareness of the system in the US market,” commented Ori Hadomi, Chief Executive Officer. “We continue to have a robust pipeline and we are confident of converting this activity into system sales.”

Today’s announcement was made in accordance with Mazor Robotics’ disclosure policy of announcing system sales that have a significant impact on the business, such as new markets, academic institutions and national accounts.