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Touch Bionics expands U.S. presence to meet demand for i-LIMB Hand
Date:1/29/2008

Company incorporates in U.S., grows network of partner clinics, fits dozens

of patients

BOSTON, MA and LIVINGSTON, Scotland, Jan. 29 /PRNewswire/ - Touch Bionics, developer of the world's first commercially available bionic hand, today announced its incorporation in the United States as Touch Bionics, Inc. Currently basing U.S. operations out of Boston, MA, this announcement follows the company's opening of its new headquarters and leading-edge development and manufacturing facility in the United Kingdom earlier this month.

"Having a stronger U.S. presence enables Touch Bionics to better serve its growing network of partner clinics in America, the company's biggest market," said Touch Bionics CEO Stuart Mead. "With more U.S. clinics offering the i-LIMB Hand, growing numbers of American amputees will have the option of being fitted with the most advanced prosthetic hand on the market. The fact that we're at the top end of our sales projections shows there is a ready market for our product."

Since the launch of the i-LIMB Hand in July 2007, more than 70 patients worldwide have been fitted, and the company anticipates reaching the milestone of 100 fitted patients by the end of February 2008. In order to serve the prosthetics market worldwide, Touch Bionics has built relationships with a wide range of clinical companies, from the world's largest to smaller, independent clinics, both ends of the scale represent important areas of business for the company.

"My experience working with Touch Bionics has been that the company is very credible, reliable and responsive and that the company's primary interest is patient care," said Jake Wood, C.P., F.A.A.O.P, sole certified prosthetist and co-owner at Orthotics and Prosthetics Associates, Inc. in Milwaukee, WI. "I am so appreciative of what they have made available for my patients. Touch Bionics technology allows me to do my job better, providing patients with a s
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SOURCE TOUCH BIONICS
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