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Medical Device and Diagnostic Industry Names Envoy Medical a Company to Watch

SAINT PAUL, Minn., June 11 /PRNewswire/ -- Envoy Medical Corporation has been named by Medical Device and Diagnostic Industry as one of the "50 Companies to Watch" in the medical device industry.

Medical Device and Diagnostic Industry ("MD+DI"), a monthly magazine dedicated to the medical device and diagnostic industries, chose the 50 companies based on their recent success and the "potential to revolutionize care practices." Out of a pile of nominations from readers, industry observers, and the magazine's internal sources, Envoy Medical was one of just a few companies to make the list for 2010.

MD+DI noted that Envoy Medical's FDA approved prosthetic hearing restoration device, the Esteem®, was a reason to watch the company. On March 17, 2010, the FDA approved Envoy Medical's PMA application for the Esteem® – the world's first totally implanted prosthetic hearing restoration device to alleviate moderate to severe sensorineural hearing loss.

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About Envoy Medical Corporation

Envoy Medical Corporation (formerly St. Croix Medical) was founded in 1995 to design, manufacture, and bring to market the first fully implanted prosthetic hearing restoration device not to use a microphone. After years of research and development, Envoy Medical developed a first-of-a-kind device that does not use a microphone or a speaker, but rather leverages the natural ear to mechanically stimulate the inner ear. Envoy Medical's breakthrough technology, known as the Esteem®, received approval from the FDA on March 17th, 2010.

Envoy Medical's headquarters is located just north of Saint Paul, Minnesota. In addition to its presence in the United States, Envoy Medical operates several wholly owned foreign subsidiaries throughout the globe. The company is currently privately held.

For more information on Envoy Medical or the Esteem® visit

SOURCE Envoy Medical Corporation
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