FoxHollow Technologies Introduces Enhanced Plaque Removal Technology for Treating Peripheral Artery Disease
03 Abril 2007 - 10:30AM
PR Newswire (US)
The SilverHawk(R) SXL With Proprietary MEC(TM) Technology Increases
Tissue Collection Capacity and Improves Ease of Use for Physicians
REDWOOD CITY, Calif., April 3 /PRNewswire-FirstCall/ -- FoxHollow
Technologies, Inc. (NASDAQ:FOXH), today announced the launch of the
company's latest advancement in plaque excision technology: the
SilverHawk(R) SXL. This newest device is part of the SilverHawk
product family, which currently includes ten distinct sizes of
minimally invasive catheters designed to remove atherosclerotic
tissue that blocks leg arteries in patients suffering from
peripheral artery disease (PAD). The SilverHawk SXL, which can be
used in arteries of the lower leg, has a lengthened nosecone and
includes MEC(TM) (Micro Efficient Compression) Technology, a novel
advancement which features 150 micron laser-drilled vent holes in
the tip of the catheter. The tiny vent holes help to release fluid
during tissue collection. When combined with the longer nosecone,
this new technology may allow for increased tissue collection
capacity. These improvements could shorten overall procedure time
by reducing the number of insertions required by the physician to
remove the diseased tissue. PAD is a condition that afflicts as
many as 12 million Americans, and occurs when plaque accumulates in
the arteries and blocks blood flow in the legs. These blockages can
result in severe leg pain, very limited physical mobility, and
ultimately, can lead to amputation. The SilverHawk Plaque Excision
System is a minimally invasive method of removing the obstructive
plaque and restoring blood flow to the legs and feet. The
SilverHawk catheters utilize a tiny rotating blade to shave plaque
from artery walls and a reservoir nosecone to collect the excised
plaque from the patient. Unlike angioplasty or stenting, SilverHawk
plaque excision does not simply push the plaque against artery
walls, but instead removes it from the artery. "We are extremely
proud of this latest enhancement to the SilverHawk product line,"
said John Simpson, Ph.D., M.D., FoxHollow's founder and Chief
Executive Officer. "Physicians told us they wanted a device that
was faster and easier to use. The SilverHawk SXL is the first of
many technological advances that address speed and ease of use, and
are coming from our internal R&D pipeline. We remain focused on
providing physicians with better tools for improving patient
outcomes in PAD," he added. FoxHollow's SilverHawk Plaque Excision
System received FDA approval for use in the peripheral arteries of
the leg in June 2003 and has been used in over 100,000 procedures
to date. About FoxHollow Technologies, Inc. FoxHollow Technologies,
Inc. develops and markets endovascular therapeutic devices for the
treatment of peripheral artery disease (PAD). PAD results from
plaque that accumulates in the arteries and blocks blood flow in
the legs. These blockages can result in severe pain for patients
and very limited physical mobility. The company's SilverHawk(R)
Plaque Excision System is a minimally invasive method of removing
obstructive plaque and restoring blood flow to the legs and feet.
FoxHollow also markets the Rinspirator(R) System for removing
thrombus, or blood clots, from occluded arteries in patients
suffering from PAD or coronary artery disease (CAD). For more
information, please visit our website at
http://www.foxhollowtech.com/ . Forward-looking statements This
press release contains forward-looking statements within the
meaning of the U.S. Private Securities Litigation Reform Act of
1995. Statements in this press release regarding FoxHollow's
business that are not historical facts may be "forward-looking
statements" that involve risks and uncertainties. Specifically, the
company's statement on future technological advancements expected
to be made to the SilverHawk Plaque Excision System is a
forward-looking statement involving risks and uncertainties.
Forward-looking statements are based on management's current,
preliminary expectations, and are subject to risks and
uncertainties that could cause actual results to differ from the
results predicted and which are included under the caption,
"Factors Affecting Future Operating Results," in the "Risk Factors"
section of our most recent annual report on Form 10-K for the year
ended December 31, 2006. This annual report was filed with the SEC
on March 13, 2007, and is available on our investor relations
website at http://investor.foxhollowtech.com/ and on the SEC's
website at http://www.sec.gov/. Undue reliance should not be placed
on forward-looking statements, which speak only as of the date they
are made. FoxHollow undertakes no obligation to update publicly any
forward-looking statements to reflect new information, events or
circumstances after the date they were made, or to reflect the
occurrence of unanticipated events. Contacts: Investor Relations:
Matt Ferguson Chief Financial Officer 650-421-8449 Media Relations:
Robin Gaffney 650-421-8614 DATASOURCE: FoxHollow Technologies, Inc.
CONTACT: investors, Matt Ferguson, Chief Financial Officer,
+1-650-421-8449, or , or media, Robin Gaffney, +1-650-421-8614, or
, both of FoxHollow Technologies, Inc. Web site:
http://www.foxhollowtech.com/
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