Ekso Bionics(TM) Expands Executive Team
March 10 2014 - 6:57PM
Ekso Bionics Holdings, Inc. (OTCQB:EKSO), a robotic exoskeleton
pioneer, announced today that Glenn Davis and Thomas Looby have
joined the company to amplify its sales and marketing strategies.
Davis brings over 20 years of sales experience with Siemens
Healthcare and a comprehensive understanding of how to drive
revenue within the Healthcare Sector in major and emerging markets
while Looby adds his experience in systematically driving adoption
of novel, high tech solutions to critical healthcare problems, most
recently with Given Imaging. Both Davis and Looby have considerable
experience in medical device market development and will work in
tandem to build a robust business for Ekso Bionics.
Glenn Davis joined Ekso Bionics after spending over 23 years
with Siemens Healthcare where most recently as Vice
President-Worldwide Marketing-Ultrasound Division he established a
team of sales and marketing professionals that continually
challenged the status quo. In 2013 he led the launch of the world's
first wireless ultrasound, the Acuson Freestyle ultrasound system,
into the marketplace to critical acclaim. "Glenn's extensive
medical device industry experience makes him a key addition to Ekso
Bionics," said Frank Moreman, chief operating officer. "The
significant increase in attention from neuro-rehabilitation clinics
necessitated an addition to our team who could jump in and help
deploy our disruptive medical technology to centers worldwide. We
are very pleased that we were able to find someone of Glenn's
caliber to fulfill this role."
Glenn Davis added, "Ekso represents the next significant
breakthrough in medical technology; I want to be able to say to my
five daughters that I was a part of an innovation that
fundamentally changed people's lives."
Thomas Looby has spent the last 20 years building recognizable
and trusted brands at world class companies including Bayer and
Eastman Kodak, and most recently at Given Imaging as Chief
Marketing Officer, where he was responsible for worldwide market
development for PillCam capsule endoscopy and other novel solutions
to gastrointestinal diseases. "We are very fortunate to find Tom,"
said Chief Executive Officer Nathan Harding. "With his critical
experience in medtech and robotics and his deep understanding of
emerging market opportunities, Tom is well suited to lead the
development and execution of Ekso's global hospital and
rehabilitation marketing strategy."
"Ekso is about more than just leading edge technology, it is
about empowering humans to do more than they can imagine," said
Thomas Looby. "That is the real measuring stick of a company; to be
able to inspire customers who use your products but also to touch
the hearts of those who don't."
Ekso Bionics designs, develops, and commercializes exoskeletons,
or wearable robots, which have a variety of applications in the
medical, military, industrial, and consumer markets. Exoskeletons
are ready-to-wear, battery-powered robots that are strapped over
the user's clothing, enabling individuals to achieve mobility,
strength, and endurance not otherwise possible. Ekso Bionics' lead
product, EksoTM, is a wearable bionics suit that enables
individuals with any amount of lower extremity weakness to stand up
and walk over ground. Ekso is forging a new frontier in
rehabilitation for people living with the consequences of stroke,
spinal cord injury and other neurological conditions affecting
gait.
About Ekso Bionics Holdings,
Inc. (OTCQB:EKSO)
Since 2005, Ekso Bionics (http://www.eksobionics.com) has been
pioneering the field of robotic exoskeletons, or wearable robots,
to augment human strength, endurance and mobility. The company's
first commercially available product called Ekso has helped
thousands of people living with paralysis take millions of steps
not otherwise possible. By designing and creating some of the most
forward-thinking and innovative solutions for people looking to
augment human capabilities, Ekso Bionics is helping people rethink
current physical limitations and achieve the remarkable.
Facebook: www.facebook.com/eksobionics Twitter: @eksobionics
YouTube: http://www.youtube.com/user/EksoBionics/
Forward-Looking Statements
Any statements contained in this press release that do not
describe historical facts may constitute forward-looking
statements. Forward-looking statements may include, without
limitation, statements regarding (i) the plans and objectives of
management for future operations, including plans or objectives
relating to the design, development and commercialization of human
exoskeletons, (ii) a projection of income (including income/loss),
earnings (including earnings/loss) per share, capital expenditures,
dividends, capital structure or other financial items, (iii) the
Company's future financial performance and (iv) the assumptions
underlying or relating to any statement described in points (i),
(ii) or (iii) above. Such forward-looking statements are not meant
to predict or guarantee actual results, performance, events or
circumstances and may not be realized because they are based upon
the Company's current projections, plans, objectives, beliefs,
expectations, estimates and assumptions and are subject to a number
of risks and uncertainties and other influences, many of which the
Company has no control over. Actual results and the timing of
certain events and circumstances may differ materially from those
described by the forward-looking statements as a result of these
risks and uncertainties. Factors that may influence or contribute
to the inaccuracy of the forward-looking statements or cause actual
results to differ materially from expected or desired results may
include, without limitation, the Company's inability to obtain
adequate financing, the significant length of time and resources
associated with the development of our products and related
insufficient cash flows and resulting illiquidity, the Company's
inability to expand the Company's business, significant government
regulation of medical devices and the healthcare industry, lack of
product diversification, volatility in the price of the Company's
raw materials, existing or increased competition, results of
arbitration and litigation, stock volatility and illiquidity, and
the Company's failure to implement the Company's business plans or
strategies. These and other factors are identified and described in
more detail in the Company's filings with the SEC, including, the
Company's Current Report on Form 8-K filed on January 23, 2014. The
Company does not undertake to update these forward-looking
statements.
CONTACT: Media Contact:
Heidi Darling, Marketing Manager
Phone: 415.302.4777
hdarling@eksobionics.com
Investor Contact:
Lauren Glaser, Vice President
Phone: 646.378.2972
lglaser@troutgroup.com
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