Medigus and Tower Semiconductor Announce World's Smallest Medical Video Camera Based on Advanced CMOS Im...(s outer diameter size which includes a s...),Health

"We are proud to advance our visualization capabilities with Tower, the leading specialty semiconductor manufacturer and foremost CMOS image sensor provider," said Dr. Elazar Sonnenschein, CEO for Medigus Ltd. "The new camera and its unique imager represent a dramatic breakthrough in the endoscopic medical field; it opens a wide hatch to new markets, medical applications and customers, and at the smallest size ever accessible, it will allow procedures not previously achievable. Medigus' innovative cameras will support an important unmet market need, giving both physicians and patients the most cost-effective level of technology, without compromising the quality of treatment which they deserve."

"We are very excited to work with a leader in the miniature diagnostic and surgery tools fields to jointly develop a breakthrough camera solution for the medical market," said Dr. Avi Strum, Vice President & General Manager, Specialty Business Unit at Tower. "Our cutting-edge sensor and customized design technology combined with Medigus' expertise in the miniaturization of diagnostic and surgical tools is key to enabling the industry's lowest cost high performance camera. Our extraordinary sensor design capabilities, along with best in class pixel performance, have allowed us to get into this very high margin market which will be sustainable for many years."

About Medigus Ltd.

Medigus is a medical device company specializes in developing innovative endoscopic procedures and devices. Medigus is a pioneer developer of a unique proprietary endoscopic device for the treatment of GERD, one of the most common chronic diseases in the western world. Medigus has an advanced techno
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