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SMT Research & Development, Ltd. Names Shuki Porath as Vice President and General Manager, Announces TCT Presence
Date:11/8/2011

SAN FRANCISCO and HERZLIYA PITUACH, Israel, Nov. 8, 2011 /PRNewswire/ -- The 23rd Annual Transcatheter Cardiovascular Therapeutics (TCT) Conference -- SMT Research & Development, Ltd. ("SMT") today announced that Shuki Porath has joined the company as Vice President and General Manager.  Mr. Porath will be responsible for overseeing the day-to-day operations in the company's development and production facility in Herzliya Pituach, Israel, and will also play a key role in developing and implementing the company's product, clinical, regulatory and commercialization strategies.  SMT is developing a proprietary embolic deflection device designed for use during Transcatheter Aortic Valve Implantation ("TAVI") and other complex structural heart procedures.  The company's mission is to help reduce the incidence of brain injury (stroke and so-called "silent stroke") during TAVI procedures.  Mr. Porath will report to SMT's Chief Executive Officer, Paul Zalesky, Ph.D.

(Photo:  http://photos.prnewswire.com/prnh/20111108/LA01049)

"I am pleased to welcome Shuki to the SMT team," Dr. Zalesky said. "TAVI is one of the most promising and exciting medical device innovations in years.  The recent approval for marketing by the FDA of the first TAVI device highlights the potential.  Having said that, for this technology to reach its full potential and eventually extend its surgery-avoidance benefits to younger, less sick patients, it is clear that the risk of stroke and so-called "silent stroke" associated with these devices must be addressed.  Our company is  focused on that goal with the development of our embolic deflection device.  The addition Mr. Porath, a seasoned device executive, will significantly accelerate the development and commercialization process."

Prior to joining SMT in November 2011, Mr. Porath served as CEO at
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SOURCE SMT Research & Development, Ltd.
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