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01/06/15 8:49 AM

#755 RE: x1power #753

Ekso Bionics to Present Robotic Exoskeleton at International CES 2015
Globe Newswire

Provides Update on Regulatory 510(k) Filing

January 06, 2015: 07:00 AM ET


RICHMOND, Calif., Jan. 6, 2015 (GLOBE NEWSWIRE) -- Ekso Bionics Holdings, Inc. (OTCQB:EKSO), a robotic exoskeleton company, announced today that their robotic technology expertise will be featured on two separate panels at the International Consumer Electronics Show (CES).
Nate Harding, chief executive officer and co-founder will be speaking on The Future of Robotics, presented by Engadget today, January 6th, 1:00-2:00 pm at the Las Vegas Convention Center, North Hall, Room N257.
Russ Angold, president of Ekso Labs™ and co-founder will be speaking on Wearable Robotics: From Healing to Enhancement on January 8 from 10:15-11:15 AM at the Venetian, Level 1, Casanova 602.
Multiple robotic exoskeleton companies are gaining traction with medical applications of robotic exoskeleton technologies for ambulation, such as gait-training devices in rehabilitation institutions. FDA recently implemented a new classification regulation specifically for Powered Exoskeletons, which are now considered class II devices subject to the agency's 510(k) premarket notification requirements. In discussions with FDA following implementation of this new regulation, Ekso Bionics committed to filing a 510(k) notice for the Ekso device under the new classification regulation by the end of 2014. This 510(k) notice was filed in late December 2014 and the company has been allowed to continue to market the device while this submission is under review.
About Ekso Bionics
Since 2005, Ekso Bionics has been pioneering the field of robotic exoskeletons, or wearable robots, to augment human strength, endurance and mobility. The company's first commercially available product called Ekso has helped thousands of people living with paralysis take millions of steps not otherwise possible. By designing and creating some of the most forward-thinking and innovative solutions for people looking to augment human capabilities, Ekso Bionics is helping people rethink current physical limitations and achieve the remarkable.
Ekso Bionics is headquartered in Richmond, CA and is listed on the OTC QB under the symbol EKSO. To learn more about Ekso Bionics please visit us at www.eksobionics.com
Facebook: www.facebook.com/eksobionics
Twitter: @eksobionics
YouTube: http://www.youtube.com/user/EksoBionics/
Forward-Looking Statements
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements. Forward-looking statements may include, without limitation, statements regarding (i) the plans and objectives of management for future operations, including plans or objectives relating to the design, development and commercialization of human exoskeletons, (ii) a projection of financial results, financial condition, capital expenditures, capital structure or other financial items, (iii) the Company's future financial performance and (iv) the assumptions underlying or relating to any statement described in points (i), (ii) or (iii) above. Such forward-looking statements are not meant to predict or guarantee actual results, performance, events or circumstances and may not be realized because they are based upon the Company's current projections, plans, objectives, beliefs, expectations, estimates and assumptions and are subject to a number of risks and uncertainties and other influences, many of which the Company has no control over. Actual results and the timing of certain events and circumstances may differ materially from those described by the forward-looking statements as a result of these risks and uncertainties. Factors that may influence or contribute to the inaccuracy of the forward-looking statements or cause actual results to differ materially from expected or desired results may include, without limitation, the Company's inability to obtain adequate financing to fund the Company's operations and necessary to develop or enhance our technology, the significant length of time and resources associated with the development of the Company's products, the Company's failure to achieve broad market acceptance of the Company's products, the failure of our sales and marketing organization or partners to market our products effectively, adverse results in future clinical studies of the Company's medical device products, the failure to obtain or maintain patent protection for the Company's technology, failure to obtain or maintain regulatory approval to market the Company's medical devices, lack of product diversification, existing or increased competition, and the Company's failure to implement the Company's business plans or strategies. These and other factors are identified and described in more detail in the Company's filings with the SEC. To learn more about Ekso Bionics please visit us at www.eksobionics.com.
CONTACT: Media Contact:
Heidi Darling, Director of Marketing Communications
Phone: 415.302.4777
hdarling@eksobionics.com

Investor Contact:
Lauren Glaser, Vice President
Phone: 646.378.2972
lglaser@troutgroup.com