Salt Lake City, Utah, USA - May 3, 2011 - Domain Surgical, Inc., a medical device company developing novel thermal surgical technology for tissue cutting and coagulation, announced today that it has received the Utah Innovation Award in the Life Science category, by law firm Stoel Rives, LLP and the Utah Technology Council, the presenters of the Utah Innovation Awards. Domain Surgical has been recognized for its system for soft tissue cutting and coagulation. Winners in each Innovation Award category were announced today at the Utah Innovation Awards ceremony.
President and Chief Executive Officer, David McNally said, "We are honored to receive this prestigious award.The scope of innovation represented by this year's finalists in every category demonstrates Utah's potential for innovation, and the importance of the Utah Innovation Awards."
"We proudly acknowledge the contribution of Kim H. Manwaring, MD, the visionary surgeon and inventor who conceived the technology on which our FMwandTM product line is based. We are also grateful to neurological surgeon and researcher Joel D. MacDonald, MD, and collaborators at the University of Utah, who were the first to produce evidence of the clinical benefits of our product line. Our success to date is based upon the contribution of these collaborators, combined with the tireless effort of our seasoned team at Domain Surgical, who are all committed to improving patient outcomes with our promising technology."
About Domain Surgical, Inc.
Domain Surgical is a privately held company based in Salt Lake City, Utah. The company is developing a product line of capital equipment and single-patient-use disposables designed to address the known shortcomings of leading energy-based surgical equipment. Domain Surgical's patent-pending technology produces surface-only tissue effects with energy that does not pass through the patient, and is designed with the surgical staff in mind, for simple user-interface and training. The company's initial focus for market introduction includes products for neurological and spine surgery.For more information, please visit www.domainsurgical.com.
About the Utah Innovation Awards
The ninth annual Utah Innovation Awards are presented by Stoel Rives LLP and the Utah Technology Council. This statewide program is sponsored by Utah Business magazine, Webb Audio Visual Communication, and Stage 12, is designed to recognize innovations and the Utah companies that created them.A committee of 70 experts from Utah's private industry, government and academic communities voted on winners and finalists in each of the program's eight categories, including the Life Science category in which Domain Surgical received the award. The Selection Committee votes were tallied by the accounting firm Grant Thornton.For more information, please visit www.stoel.com/utahinnovation.