SAN JOSE, Calif., July 05, 2018 (GLOBE NEWSWIRE) -- Restoration Robotics, Inc. (NASDAQ: HAIR ), the global leader in robotic hair restoration, today announced the launch of its new ARTAS® iX Robotic Hair Restoration System. The ARTAS iX Robotic Hair Restoration System is the only robotic intelligent solution to offer precise, minimally invasive, repeatable harvesting and implantation functionality in one platform.
The ARTAS iX System is equipped with a 3-camera stereoscopic vision system with 44-micron resolution and a 7-axis robot. The system delivers unmatched procedural analysis, precision, repeatability, and clinical workflow efficiency for hair restoration. ARTAS iX features a compact, motorized, battery-powered, portable and adjustable procedure chair for increased patient comfort and clinical versatility that can be used ergonomically in multiple aesthetic procedures.
Ryan Rhodes, CEO of Restoration Robotics, said, “We believe the introduction of the ARTAS iX system is a major transformative milestone for Restoration Robotics and the hair restoration industry. We believe that the additional features, especially the implantation functionality, significantly enhances our offering to physicians and helps position us to further penetrate the expanding male hair restoration market.”
Robert M. Bernstein, MD, Clinical Professor of Dermatology at the College of Physicians and Surgeons of Columbia University and founder of Bernstein Medical Center for Hair Restoration, a state-of-the-art hair transplant facility in New York, NY commented, “The new ARTAS iX system marks a pivotal development in hair restoration technology. It will enable physicians to deliver outstanding results for their patients while reducing the more labor-intensive aspects of hair restoration procedures. Following a recent demonstration of the system, I believe that it will reduce clinical fatigue and case time through robotic assistance and improved clinical workflow.”
The ARTAS iX system will be unveiled at The Aesthetic Show™ 2018, where Restoration Robotics is a Premier Sponsor, being held July 5-8 at The Wynn Hotel in Las Vegas, NV. For more information on the ARTAS iX Robotic Hair Restoration System visit www.artashair.com/ix/physicians .
About Restoration Robotics Restoration Robotics, Inc., is a medical device company developing and commercializing the ARTAS™ Robotic Hair Restoration System. The ARTAS System is the first and only physician-assisted system to dissect and assist in the harvesting of follicular units directly from the scalp, create recipient implant sites using proprietary algorithms and now implant the hair follicles into the designated sites. The Company has unique expertise in machine vision, image guidance, visual servoing and robotics, as well as developing intuitive interfaces to manage these technologies.
Forward-looking Statements Statements made in this press release that are not statements of historical fact are forward-looking statements. Forward-looking statements are subject to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are commonly identified by words such as “would,” “may,” “expects,” “believes,” “plans,” “intends,” “projects” and other terms with similar meaning. Investors are cautioned that the forward-looking statements in this press release are based on current beliefs, assumptions and expectations, speak only as of the date of this document and involve risks and uncertainties that could cause actual results to differ materially from current expectations. Such statements are subject to certain known and unknown risks and uncertainties, many of which are difficult to predict and generally beyond our control, that could cause actual results and other future events to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These statements include, without limitation, the following: our expectations for the global male hair restoration market; our expectations regarding the ability of ARTAS iX to deliver outstanding results and reduce clinical fatigue; whether there is growth in demand for our ARTAS System; the progress of our commercialization, marketing and manufacturing capabilities; the continuing productivity and effectiveness of our commercial infrastructure and salesforce; our expectations regarding the potential market size and the size of the patient populations for ARTAS being accurate; and whether we are effective in the pricing of ARTAS iX. Material factors that could cause actual results to differ materially from current expectations are described in greater detail in our Annual Report on Form 10-K filed on March 5, 2018, as well as any reports that we may file with the SEC in the future. These factors may cause our actual results, performance or achievements to differ materially and adversely from those anticipated or implied by our forward-looking statements. We expressly disclaim any obligation, except as required by law, or undertaking to update or revise any such forward-looking statements.
Media Contact Lisa Markle Director of Marketing Restoration Robotics, Inc. +1-408-883-6764 lisam@restorationrobotics.com
Investor Contact The Ruth Group Lee Roth & Brian Johnston ir@restorationrobotics.com 646-536-7000
