Titan Medical Inc. and Anne Arundel Medical Center's Innovation Center Announce Agreement for Development of a Comprehensive Training Curriculum for the Use of the SPORT(TM) Surgical System

TORONTO, ON--(Marketwired - May 05, 2015) - Titan Medical Inc. ("Titan" or the "Company") (TSX: TMD) (OTCQX: TITXF) today announced that it has signed an agreement with the James and Sylvia Earl Simulation to Advance Innovation and Learning (SAIL) center at Anne Arundel Medical Center (AAMC) in Annapolis, MD, for the development of a comprehensive curriculum for training and performance assessment. The curriculum would be developed for training the surgeons and surgical teams who would use Titan's SPORT^™ Surgical System.

Dennis Fowler, Executive Vice President, Clinical and Regulatory Affairs of Titan Medical Inc., commented, "We are very excited about partnering with the Earl SAIL center for developing this essential training. They will develop learning experiences that will enable surgical teams to confidently and competently use Titan's SPORT^™ Surgical System."

"The Earl SAIL Center at AAMC is a world class training center with extensive experience in surgical education," says John Hargrove, Chairman and Chief Executive Officer of Titan Medical Inc. "Our agreement underlines Titan's commitment to meet the needs of hospitals and the surgical community. We look forward to our collaboration with the Earl SAIL Center in this very important endeavor."

"Advancing the practice of surgical procedures and education is valuable for not only the medical staff here, but the community as well," says Adrian Park, MD, founder and chairman of the Earl SAIL Center and chair of AAMC's Department of Surgery. "Being able to mimic a high performance real-world environment at SAIL where the stakes are obviously much lower will allow us to improve performance and patient care using this exciting new technology."

About Titan Medical Inc.

Titan Medical Inc. is a Canadian public company focused on the design and development of a robotic surgical system for application in minimally invasive surgery ("MIS"). The Company's Single Port Orifice Robotic Technology, SPORT^™ Surgical System, currently under development, is comprised of a surgeon-controlled robotic platform that includes a 3D vision system and interactive instruments for performing MIS procedures, and a surgeon workstation that provides the surgeon with an interface to the robotic platform for controlling the interactive instruments and providing a 3D endoscopic view of inside a patient's body during MIS procedures. The SPORT^™ Surgical System is being designed to expand robotic surgery into both simple and complex areas of surgical specialties and procedures that are currently under-serviced. It is also being designed to allow surgeons to perform procedures within small- to medium-size surgical spaces for general abdominal, gynecologic, and urologic indications. For more information, visit the Company's website at www.titanmedicalinc.com.

About the Earl SAIL Center and Anne Arundel Medical Center

The James and Sylvia Earl Simulation to Advance Innovation and Learning Center (SAIL), part of Anne Arundel Medical Center, is a world-class medical simulation and training facility in Annapolis, Md. The Center is engaged in various research studies and initiatives designed to improve the delivery of health care and the practice of medicine. A major part of its mission revolves around continuing medical education of healthcare practitioners and improving patient care and safety. Through teaching and practice, participants at the Earl SAIL Center learn how to use new medical technologies, apply innovative methods and approaches to care, and learn how to improve and refine their care delivery skills.

Anne Arundel Medical Center (AAMC), a regional health system headquartered in Annapolis, Md., serves an area of more than one million people. As the first hospital in Maryland to introduce robotic surgery, AAMC's dedicated robotics team includes 18 fellowship-trained surgeons specifically credentialed in robotic surgery -- four of whom are also national proctors who have been hand-selected to train surgeons around the country in the latest robotic techniques. Founded in 1902, AAMC includes a 384-bed not-for-profit hospital, a medical group, imaging services, a substance use treatment center, and health enterprises. AAMC is nationally recognized for its joint replacement center, emergency heart attack response and cancer care and consistently receives awards for quality, patient satisfaction and innovation. To learn more, visit askAAMC.org.

Forward-Looking Statements

This news release contains "forward-looking statements" which reflect the current expectations of management of the Company's future growth, results of operations, performance and business prospects and opportunities. Wherever possible, words such as "may", "would", "could", "will", "anticipate", "believe", "plan", "expect", "intend", "estimate", "potential for" and similar expressions have been used to identify these forward-looking statements. These statements reflect management's current beliefs with respect to future events and are based on information currently available to management. Forward-looking statements involve significant risks, uncertainties and assumptions. Many factors could cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, without limitation, those listed in the "Risk Factors" section of the Company's Annual Information Form dated March 31, 2015 (which may be viewed at www.sedar.com). Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results, performance, or achievements may vary materially from those expressed or implied by the forward-looking statements contained in this news release. These factors should be considered carefully, and prospective investors should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in the news release are based upon what management currently believes to be reasonable assumptions, the Company cannot assure prospective investors that actual results, performance or achievements will be consistent with these forward-looking statements.