SOURCE: Viking Systems, Inc.

March 22, 2005 07:00 ET

Viking Systems Honored With 2005 Frost & Sullivan Technology Innovation of the Year Award

Viking's EndoSite 3Di Digital Vision System Recognized for Superior 3D Visualization and Surgeon Comfort During Complex Minimally Invasive Surgery Procedures

SAN DIEGO, CA -- (MARKET WIRE) -- March 22, 2005 -- Viking Systems Inc. (OTC BB: VKSY), a medical products company delivering integrated solutions for the digital surgical environment, today announced that the company has received the 2005 Frost & Sullivan Technology Innovation of the Year Award in the field of surgical visualization systems for successfully developing the EndoSite 3Di Digital Vision System. The company's EndoSite technology is a state-of-the-art visualization system that offers surgeons three-dimensional (3D) vision, on-demand access to existing clinical images and patient information, and complete freedom of movement, while remaining directly engaged with the patient. Viking Systems was recognized at the 2005 Excellence in Medical Devices Awards Banquet in San Francisco, CA on Wednesday, March 16.

The Frost & Sullivan Technology Innovation of the Year Award is presented to a company that has carried out new research resulting in innovations that will bring significant contributions to the industry. This award recognizes the quality and depth of Viking Systems' research and development program as well as the vision and risk-taking that enabled the company to undertake such an endeavor.

The EndoSite 3Di Digital Vision System provides three-dimensional stereoscopic vision, resulting in enhanced depth perception and surgical precision, while allowing the surgeon to remain actively engaged with their patient. Utilizing the patented Head Mounted Display (HMD), each member of the surgical team can access high-resolution, stereoscopic images delivered within their natural line of sight. Ergonomically designed, the HMD provides unmatched comfort and significantly reduces surgical fatigue caused by standard vision systems as surgeons strain for hours to view the surgical field on less accommodating two-dimensional monitors. The system creates an immersive surgical environment providing MIS surgeons with improved vision quality and the sense of open surgery.

"The unique visualization system fulfills important unmet needs of today's minimally invasive surgeons. It delivers the most advanced and complete vision possible, both through three-dimensional imaging as well as through an information platform," said A.N. Aditya, research analyst with Frost & Sullivan. "With the use of the unique Head Mounted Display unit, surgeons are able to continuously focus on the surgical field and this helps reduce the fatigue associated with turning or moving to view a standard monitor."

In addition, the EndoSite 3Di Digital Vision System provides patient information on-demand to the surgeon through Infomatix™, the system's digital information platform. Infomatix allows voice-activated, picture-in-picture presentation of existing diagnostic images and live secondary video. Easy access to this information -- without the need to divert attention from the surgical field -- equips surgeons to perform accurately and quickly while facilitating an informed decision-making process during surgery.

"We're extremely excited to receive this validation from Frost & Sullivan that our cutting-edge technology is changing the surgical visualization market," said Tom Marsh, CEO of Viking Systems. "Viking Systems is continually dedicated to enhancing patient care by providing surgeons with state-of-the-art 3D visualization, comfort and control during complex minimally invasive surgery procedures."

This Frost & Sullivan Award is based on analyst tracking of innovation in key technology markets, primary participant interviews, extensive primary and secondary research, and the significance or potential relevance of the innovation to the overall industry. In addition to this methodology, companies are critically judged on their innovation's impact on company or industry mindshare, potential to become the industry standard, competitive advantage versus other technologies, and breadth of intellectual property. Based on Frost & Sullivan's research, companies are then compared and ranked.

For more information on Viking Systems, please visit: www.vikingsystems.com.

About Viking Systems, Inc.

Viking Systems, Inc. (OTC BB: VKSY) is committed to bringing integrated solutions to the digital surgical environment. The company's mission is to deliver integrated information, visualization, and control solutions to the surgical team, enhancing their capability and performance in minimally invasive (MIS) and complex surgical procedures. The company's product portfolio includes video, optical, robotic, and digital and information technologies in the market today and under development that serve the current and emerging needs of the digital healthcare network. Viking Systems is headquartered in La Jolla, CA. For more information, please visit the company's website at http://www.vikingsystems.com.

About Frost & Sullivan

Frost & Sullivan, a global growth consulting company founded in 1961, partners with clients to create value through innovative growth strategies. The foundation of this partnership approach is our Growth Partnership Services platform, whereby we provide industry research, marketing strategies, consulting, and training to our clients to help grow their business. A key benefit that Frost & Sullivan brings to its clients is a global perspective on a broad range of industries, markets, technologies, econometrics, and demographics. With a client list that includes Global 1000 companies, emerging companies, as well as the investment community, Frost & Sullivan has evolved into one of the premier growth consulting companies in the world. For more information, visit www.frost.com.

Forward-Looking Statements

This current report contains certain forward-looking statements and any statements contained in this current report that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the foregoing, words such as "may," "will," "expect," "believe," "anticipate," "estimate" or "continue" or comparable terminology are intended to identify forward-looking statements. These statements by their nature involve substantial risks and uncertainties, and actual results may differ materially depending on a variety of factors, many of which are not within Viking's control. These factors include, but are not limited to, economic conditions generally and in the markets in which Viking may participate, competition within Viking's markets and failure by Viking to successfully develop business relationships.

Contact Information

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