including obtaining FDA clearance-and it is very satisfying to see the company entering the commercial phase this year. Perhaps most gratifying is the validation that the technology has received, as exemplified by the extraordinary individuals that have been attracted to join the Perimeter team: the Clinical Advisory Board includes Dr. Ted James, Chief of Breast Surgical Oncology at Harvard Medical School, and Dr. Franklyn Prendergast, who was Emeritus Director of the Mayo Clinic's Comprehensive Cancer Center for 14 years, as well as a member of Eli Lilly's Board for over 20 years; the Board of Directors includes Dr. Prendergast, as well as notable individuals such as Suzanne Foster (a former Medtronic executive, breast cancer survivor, and currently President of Cardinal Health At Home Solutions), and Dr. Tony Holler, a former physician whose numerous successes include being co-founder or Chairman or CEO of publicly-traded companies that have been acquired for over Cdn$2.5 billion in total proceeds'

'It also merits highlighting that two seasoned American MedTech executives have joined the company at the C-level in the last 6 months, to lead the commercialization efforts: Tom

Boon, and Jeremy Sobotta. Mr. Sobotta's experience in deploying over US$4 billion in capital in MedTech acquisitions while in finance and commercialization roles at companies such as Stryker and Smith&Nephew means he is particularly well-suited to take on the role of CFO to lead Perimeter into this exciting new phase. Roadmap Capital and its investors are excited to support this next phase as Perimeter goes public, and we remain firmly committed to the long-term success of the company: namely, improving outcomes for so many cancer patients throughout the world.'

About Perimeter

Perimeter is a public Toronto company with US Headquarters in Dallas, Texas that is developing, with plans to commercialize, advanced imaging tools that allow surgeons, radiologists, and pathologists to visualize microscopic tissue structures during a clinical procedure. Perimeter's OTIS™ platform is an FDA-cleared point-of-care imaging system that provides clinicians with real-time, ultra-high-resolution, sub-surface image volumes of the margin (1-2 mm below the surface) of an excised tissue specimen. The ability to visualize microscopic tissue structures during a clinical procedure in addition to standard of care tissue assessment for decision making during the procedure has the potential to result in better long-term outcomes for patients and lower costs to the healthcare system.

In addition, Perimeter is developing advanced artificial intelligence/machine learning image assessment tools intended to increase the efficiency of review.

CONTACT:

Co-founder - Andrew Berkeley
+1 416-846-0042
aberkeley@perimetermed.com

SOURCE: Perimeter Medical Imaging