Tern PLC: Fundamental Surgery Launched in the US (714391)
August 15 2018 - 2:01AM
UK Regulatory
Dow Jones received a payment from EQS/DGAP to publish this press
release.
Tern PLC (TERN)
Tern PLC: Fundamental Surgery Launched in the US
15-Aug-2018 / 07:00 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
15 August 2018
Tern Plc (the "Company", or the "Group")
Fundamental Surgery Launched in the US
Tern Plc (AIM:TERN), the investment company specialising in the Internet of
Things ("IoT"), is pleased to note the announcement from its portfolio
company, FVRVS ("FundamentalVR"), in which it has a 18.3% holding, that it
has launched Fundamental Surgery, a first-of-its-kind SaaS platform in the
USA.
Fundamental Surgery combines virtual reality ("VR") with cutting-edge
haptics (the sense of touch) to create low-cost and scalable flight
simulator experiences for trainee and qualified surgeons.
The SaaS system uses a unique Surgical Haptic Intelligence EngineTM ("SHIE")
which is calibrated to mimic real life sensations relating to surgical
practices. Its initial U.S offering will focus on training packages within
the Orthopedic Surgical disciplines. Available to order today, current
procedures supported include Spinal Pedicle Screw Placement, Posterior Hip
Replacement and Total Knee Arthroplasty. Further orthopedic procedures will
be added during Q4 2018 with other disciplines, including general surgery
and cardiovascular slated for 2019.
Tern CEO, Al Sisto, said: "We are delighted to see the launch of Fundamental
Surgery in the United States, which we believe represents an important next
step for the company."
**ENDS**
Enquiries
Tern Plc via Redleaf Communications
Al Sisto/Sarah Payne
Redleaf Communications Tel: 020 3757 6880
Elisabeth Cowell/Fiona Norman
ISIN: GB00BFPMV798
Category Code: MSCU
TIDM: TERN
LEI Code: 2138005F87SODHL9CQ36
Sequence No.: 5876
EQS News ID: 714391
End of Announcement EQS News Service
(END) Dow Jones Newswires
August 15, 2018 02:01 ET (06:01 GMT)
Tern (LSE:TERN)
Historical Stock Chart
From Apr 2024 to May 2024
Tern (LSE:TERN)
Historical Stock Chart
From May 2023 to May 2024