Perimeter Medical Imaging AI Announces Completion of Two New Commercial Placements of Perimeter S-Series OCT

• Completed two follow-on commercial placements of Perimeter S-Series OCT at the end of 2022

• Doubled the commercial installed base of S-Series OCT during Q4 2022

Perimeter Medical Imaging AI, – a commercial-stage medical technology company –  reported two new commercial installations of its flagship Perimeter S-Series OCT system, which were completed prior to year-end.

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Jeremy Sobotta, Perimeter’s Chief Executive Officer stated, “I am excited by our considerable progress across the business, and we enter 2023 with growing momentum. Prior to year-end, we completed two additional commercial placements of our S-Series OCT technology, including successfully leveraging our existing presence within a major national healthcare system, resulting in the third commercial placement in this network.”

Mr. Sobotta continued, “These two new placements at the end of 2022 were a great way to close a strong fourth quarter in which we doubled the total commercial installed base of our S-Series devices. Further, we believe the expansion within our existing customers’ networks indicates the value these early users are experiencing. These positive metrics are highly encouraging, and we remain focused on placing our innovative medical imaging technology in ORs across the U.S. with the goal of improving patient outcomes and reducing overall healthcare costs.”

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Perimeter Medical Imaging AI is a medical technology company driven to transform cancer surgery with ultra-high-resolution, real-time, advanced imaging tools to address areas of high unmet medical need. Available across the U.S., our FDA-cleared Perimeter S-Series OCT system provides real-time, cross-sectional visualization of excised tissues at the cellular level. The breakthrough-device-designated investigational Perimeter B-Series OCT with ImgAssist AI represents our next-generation artificial intelligence technology that is currently being evaluated in a pivotal clinical trial, with support from a grant of up to US$7.4 million awarded by the Cancer Prevention and Research Institute of Texas. The company’s ticker symbol “PINK” is a reference to the pink ribbons used during Breast Cancer Awareness Month.

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