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Medigus and Tower Announce Miniature Medical Video Camera

August 4, 2009

The size of the advanced CMOS image sensor enables new medical diagnostic and therapeutic applications in endoscopic procedures, serving areas such as gastroenterology, natural orifice transluminal endoscopy surgery, bronchoscopy, orthopedics, and ENT.

OMER and MIGDAL HA'EMEK, Israel /PRNewswire-FirstCall/ -- Medigus Ltd. a leading developer of endoscopic and visualization medical devices, and Tower Semiconductor Ltd., a leading global specialty foundry, announced successful sampling of a new CMOS imager that will serve in Medigus' line of disposable miniature cameras and its new medical devices camera; the "smallest of its kind in the world," designated to be incorporated into disposable endoscopes or used in various diagnostic and surgical medical applications. First product samples have been shipped to end customers, and mass production of the camera is expected to commence in mid-2010. The camera sensor will be manufactured in Tower's Fab2, using its 0.18 micron CMOS image sensor process, and will be integrated into the camera that will be produced in Medigus' manufacturing facilities.

The CMOS imager offers a high-performance product at a low cost and combines superb sensitivity, resolution, and dynamic versatility, allowing customers a variety of potential medical applications in growing markets, such as gastroenterology, natural orifice transluminal endoscopy surgery, bronchoscopy, orthopedics, and ENT. The new camera encompasses tiny electronics and objective lenses developed by Medigus, along with Tower's CMOS imager, measuring only 700 by 700 microns.

The imager was developed using Tower's advanced sensor design and production technologies, and the camera was developed using Medigus' electronic, optic, and integration platform technologies. The camera features dedicated bio-compatible components suitable for medical device applications and will enable new medical diagnostic and therapeutic markets in which the use of current video cameras is not feasible due to their size. The miniature camera's outer diameter size, which includes a special housing, is only 1.2 mm by 5 mm long. In addition, it is completely disposable, eliminating the costly sterilization process commonly associated with endoscopic procedures.

"We are proud to advance our visualization capabilities with Tower, the leading specialty semiconductor manufacturer and foremost CMOS image sensor provider," said Dr. Elazar Sonnenschein, CEO for Medigus Ltd. "The new camera and its unique imager represent a dramatic breakthrough in the endoscopic medical field; it opens a wide hatch to new markets, medical applications, and customers, and at the smallest size ever accessible, it will allow procedures not previously achievable. Medigus' innovative cameras will support an important unmet market need, giving both physicians and patients the most cost-effective level of technology, without compromising the quality of treatment which they deserve."

"We are very excited to work with a leader in the miniature diagnostic and surgery tool fields to jointly develop a breakthrough camera solution for the medical market," said Dr. Avi Strum, Vice President and General Manager, Specialty Business Unit, at Tower. "Our cutting-edge sensor and customized design technology, combined with Medigus' expertise in the miniaturization of diagnostic and surgical tools, is key to enabling the industry's lowest cost high-performance camera. Our extraordinary sensor design capabilities, along with "best-in-class pixel performance," have allowed us to get into this very high-margin market, which will be sustainable for many years."

About Medigus
Medigus Ltd. is a medical device company that specializes in developing innovative endoscopic procedures and devices. Medigus is a pioneer developer of a unique proprietary endoscopic device for the treatment of GERD, one of the most common chronic diseases in the western world. Medigus has an advanced technology platform that includes the necessary elements for developing a wide range of endoscopic procedures. The platform includes various CCD and CMOS video cameras, developed by Medigus. Each camera includes a micro camera head, with high-quality optics and video processors.

About Tower Semiconductor
Tower Semiconductor Ltd., a global specialty foundry leader, manufactures integrated circuits, with geometries ranging from 1.0 to 0.13 micron, and provides complementary technical services and design support. Tower, along with its fully owned U.S. subsidiary, Jazz Semiconductor Inc., offers a broad range of process technologies, including digital, mixed-signal, RFCMOS, HV CMOS, power management, nonvolatile memory (NVM), embedded NVM, MEMS, and CMOS image sensors. Tower provides world-class customer service and maintains two fabrication facilities in Israel and a fab in Newport Beach, CA, with manufacturing capacity available in China through partnerships with ASMC and HHNEC.

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