Dec 9, 1999
Immersion Corporation Licenses Technology to HT Medical Systems Inc.
SAN JOSE, Calif. Dec. 9, 1999--Immersion Corporation, (Nasdaq:IMMR) the technology innovator and market leader of sensory feedback technology, announced today a licensing agreement with HT Medical Systems, Inc., the leading developer of medical simulation equipment.
HT Medical has integrated Immersion's technology into their medical simulation equipment to provide a more realistic training experience for medical professionals. Immersion's patented technology has been integrated into the PreOp(TM) Endoscopy Simulator, and CathSim(TM) intravenous training system.
Tactile realism provides life-like medical simulation, which enhances the way health care providers learn invasive procedures.
About Immersion Corporation (www.immersion.com)
Founded in 1993, Immersion Corporation is a technology provider that enables users to interact with computers using their sense of touch. Immersion's patented sensory feedback technologies integrate feeling and touch with sight and sound to create an optimal, interactive user environment. Immersion licenses its technology to hardware manufacturers for Web, personal computing, entertainment, medical, education, and other applications.
About HT Medical Systems, Inc. (www.ht.com)
HT Medical Systems, Inc., founded in 1987, and based in Gaithersburg, Md., is a leading developer of virtual reality medical technology. The company's products include surgical simulators that, unlike anything previously available, allow realistic rehearsal without risk to patients. Three product lines cover intravenous therapies, endoscopy, and endovascular interventions.
All statements contained herein, as well as oral statements that may be made by Immersion or by officers, directors or employees of Immersion acting on Immersion's behalf, that are not statements of historical fact, constitute "forward-looking statements" and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995.
Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of Immersion to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. Such risks and uncertainties are outlined in Immersion's Prospectus dated November 12, 1999 included in its Registration Statement on Form S-1 filed with the Securities and Exchange Commission. These factors may not constitute all factors that could cause actual results to differ materially from those discussed in any forward-looking statement. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.