CAESAREA, Israel, Dec 20, 2011 (BUSINESS WIRE) — –New Renaissance(TM)
System Enables Spinal Endoscopy, Including Ambulatory, Minimally Invasive Treatment
of Disc Diseases.

Mazor Robotics Ltd (tase:MZOR), the leader in innovative surgical robots and
complementary products for spine surgery, announced a purchase agreement with NSH
Michigan, Inc. The Renaissance(TM) system will be installed at NSH Michigan, Inc.’s
affiliate, the Lakes Surgery Center, in West Bloomfield, Michigan. The Renaissance
system was recently launched as the new generation of Mazor Robotics Guidance
Systems.

With the Renaissance system already in use at leading U.S. hospitals specializing in spine
surgery, this is the first Renaissance system installed in an ambulatory surgery center.
According to National Health Statistic Reports, more than 300,000 people in the U.S.
seek surgery annually for relief from chronic back pain resulting from spinal disc
diseases, including herniations and protrusions. Common spine procedures such as
endoscopic discectomy are typically performed in spine surgery centers while other
procedures such as spinal fusion are usually performed in hospitals. With new technology
like the Renaissance system, more cases can be performed on an out-patient basis with
minimal recovery time. There are approximately 3,300 ambulatory surgery centers in the
U.S.

“Our clinical experiences with Mazor Robotics’ technology, including examination of
numerous peer-reviewed studies and hands-on demonstrations, has convinced us to add
Renaissance to our surgical program,” said Ms. Jennifer Butterfield, CEO of Lakes
Surgery Center. “We believe that Mazor Robotics’ Renaissance system will differentiate
our facility by enabling us to raise the level of patient care, for spinal endoscopy as well
as for other spine procedures.”

“Many of my spine surgery referrals are for spinal endoscopy procedures,” said Kevin
Lee, MD, a leading neurosurgeon and pain management / spinal endoscopy specialist at
Lakes Surgery Center. “Demand for minimally invasive surgery has grown dramatically
in recent years, and as technology advances we see improvement in patient outcomes. We
recognize the tremendous potential of Renaissance; it is the next step in the evolution of
incorporating state-of-the-art technology for better patient care. Mazor Robotics’
technology will take these procedures to the next level by providing a safer and more accurate way to enter the surgical site, reduce intra-operative radiation, shorten procedure
time, and reduce complications.”

“This purchase agreement with NSH Michigan, Inc. is strategically important for Mazor
Robotics as it significantly expands our market opportunity to include ambulatory
surgery centers in the U.S.,” said Ori Hadomi, CEO of Mazor Robotics. “We are also
excited about the clinical opportunity this represents, as many more patients will now
have access to such minimally invasive procedures.”

About Mazor Robotics 

Mazor Robotics Ltd (tase:MZOR) is dedicated to the development and marketing of
innovative surgical robots and complementary products that provide a safer surgical
environment for patients, surgeons, and OR staff. Mazor Robotics’ flagship product,
Renaissance(TM), is a state-of-the-art surgical guidance system that enables surgeons to
conduct spine surgeries in an accurate and secure manner. Mazor Robotics systems have
been successfully used in the placement of over 15,000 implants in the USA and Europe.
Numerous peer-reviewed publications and presentations at leading scientific conferences
have validated the accuracy, usability, and clinical advantages of Mazor Robotics
technology.

For more information.

Other emerging technologies at Technion T3 Website.

SOURCE: Mazor Robotics Ltd
U.S. Contacts:
EVC Group
Greg Gin or Doug Sherk, 646-445-4801 (Investors)
        Steve DiMattia, 646-201-5445 (Media)

CAESAREA, Israel, Dec 20, 2011 (BUSINESS WIRE) — –New Renaissance(TM)
System Enables Spinal Endoscopy, Including Ambulatory, Minimally Invasive Treatment
of Disc Diseases.

Mazor Robotics Ltd (tase:MZOR), the leader in innovative surgical robots and
complementary products for spine surgery, announced a purchase agreement with NSH
Michigan, Inc. The Renaissance(TM) system will be installed at NSH Michigan, Inc.’s
affiliate, the Lakes Surgery Center, in West Bloomfield, Michigan. The Renaissance
system was recently launched as the new generation of Mazor Robotics Guidance
Systems.

With the Renaissance system already in use at leading U.S. hospitals specializing in spine
surgery, this is the first Renaissance system installed in an ambulatory surgery center.
According to National Health Statistic Reports, more than 300,000 people in the U.S.
seek surgery annually for relief from chronic back pain resulting from spinal disc
diseases, including herniations and protrusions. Common spine procedures such as
endoscopic discectomy are typically performed in spine surgery centers while other
procedures such as spinal fusion are usually performed in hospitals. With new technology
like the Renaissance system, more cases can be performed on an out-patient basis with
minimal recovery time. There are approximately 3,300 ambulatory surgery centers in the
U.S.

“Our clinical experiences with Mazor Robotics’ technology, including examination of
numerous peer-reviewed studies and hands-on demonstrations, has convinced us to add
Renaissance to our surgical program,” said Ms. Jennifer Butterfield, CEO of Lakes
Surgery Center. “We believe that Mazor Robotics’ Renaissance system will differentiate
our facility by enabling us to raise the level of patient care, for spinal endoscopy as well
as for other spine procedures.”

“Many of my spine surgery referrals are for spinal endoscopy procedures,” said Kevin
Lee, MD, a leading neurosurgeon and pain management / spinal endoscopy specialist at
Lakes Surgery Center. “Demand for minimally invasive surgery has grown dramatically
in recent years, and as technology advances we see improvement in patient outcomes. We
recognize the tremendous potential of Renaissance; it is the next step in the evolution of
incorporating state-of-the-art technology for better patient care. Mazor Robotics’
technology will take these procedures to the next level by providing a safer and more accurate way to enter the surgical site, reduce intra-operative radiation, shorten procedure
time, and reduce complications.”

“This purchase agreement with NSH Michigan, Inc. is strategically important for Mazor
Robotics as it significantly expands our market opportunity to include ambulatory
surgery centers in the U.S.,” said Ori Hadomi, CEO of Mazor Robotics. “We are also
excited about the clinical opportunity this represents, as many more patients will now
have access to such minimally invasive procedures.”

About Mazor Robotics 

Mazor Robotics Ltd (tase:MZOR) is dedicated to the development and marketing of
innovative surgical robots and complementary products that provide a safer surgical
environment for patients, surgeons, and OR staff. Mazor Robotics’ flagship product,
Renaissance(TM), is a state-of-the-art surgical guidance system that enables surgeons to
conduct spine surgeries in an accurate and secure manner. Mazor Robotics systems have
been successfully used in the placement of over 15,000 implants in the USA and Europe.
Numerous peer-reviewed publications and presentations at leading scientific conferences
have validated the accuracy, usability, and clinical advantages of Mazor Robotics
technology.

For more information.

Other emerging technologies at Technion T3 Website.

SOURCE: Mazor Robotics Ltd
U.S. Contacts:
EVC Group
Greg Gin or Doug Sherk, 646-445-4801 (Investors)
        Steve DiMattia, 646-201-5445 (Media)

December 28th, 2011

To the entire Technion family,

The selection of the joint proposal submitted by Technion and Cornell to establish a Campus for Applied Sciences and Engineering in New York City was announced by Mayor Michael R. Bloomberg in a dramatic press conference on December 19th. The new campus, to be built on Roosevelt Island, will transform New York into a center for technological innovation.

In early January 2011, when a city representative conveyed Mayor Bloomberg’s invitation to  Technion to submit a proposal for the new campus, my first question to him was, “Why Technion?” He replied: “Mayor Bloomberg believes no other university has had such a significant impact on an entire country’s economy as Technion.”

The invitation to submit a proposal for such an illustrious undertaking reflects the international community’s perception of Technion’s prestige, excellent teaching standards, and quality research. Technion’s administration decided to accept the invitation and submitted a proposal together with Cornell University. Drafting the proposal was a learning process during which we confronted a number of potential issues at stake for Technion.

From the numerous proposals that were submitted by US-based universities, as well as by prominent universities in Canada, India, Korea and other countries, only five advanced to the final stage. The finalists included Stanford, Columbia, Carnegie Mellon, and the Technion-Cornell partnership. Technion’s successful partnership with Cornell is the result of lengthy, even grueling, negotiations, and is based on the prestige of both institutions and on Technion’s extensive experience in applied research and its immense contribution to Israel as a “start-up nation.” Throughout the negotiations, Technion remained firm on the issue of finance: Technion will commit our reputation, proven experience, and exceptional researchers, but we are not prepared to invest funds in this historic undertaking.

We repeatedly asked ourselves whether our participation would encourage “brain drain” from Israel. Extensive examination of this issue led us to the conclusion that the contrary was true: the prestigious Technion-Cornell New York City campus will serve as a bridge and encourage scientists to return to Israel. While many bright and promising Israeli scientists seek to return to Israel from their studies and training in the United States, and particularly in New York, the lack of positions available at Technion and other Israeli universities has left them to seek their futures elsewhere.

Inviting such researchers to the New York campus will be the first step in their return to Israel. Furthermore, Technion’s experience in establishing a center abroad has proved successful in Singapore. For several years now, Technion faculty have visited the center for varying periods, and this wonderful partnership has improved our ties with other universities in rapidly developing Asia.

The selection of the Technion-Cornell consortium’s proposal for the distinguished New York City campus puts Technion at the forefront of scientific, technological, and applied research globally, bringing us one step closer to realizing Technion’s vision of joining the world’s top ten research institutes.

I wish to thank everyone who labored over this complicated proposal, working tirelessly day and night throughout long negotiations with Cornell University. I would especially like to thank the senior administration team: Prof. Paul Feigin, Prof. Oded Shmueli, and Dr. Avital Stein; Deans Prof. Adam Shwartz of the Faculty of Electrical Engineering, Prof. Eli Biham of the Faculty of Computer Science, Prof. Pinhas Bar-Yoseph of the Faculty of Mechanical Engineering, Prof. Arnon Bentur of the Faculty of Civil and Environmental Engineering, Prof. Boaz Golany of the Faculty of Industrial Engineering and Management, Prof. Jacob Rubinstein of the Faculty of Mathematics; and Prof. Haim Gotsman from the Faculty of Computer Science, who coordinated the draft proposal.

On December 10, 2011, Distinguished Prof. Dan Shechtman of the Faculty of Materials Engineering stood on the famous “N” in Stockholm’s splendid concert hall to receive the Nobel Prize in Chemistry from King Carl XVI Gustaf. Distinguished Prof. Shechtman joined his colleagues Distinguished Professors Avram Hershko and Aaron Ciechanover, from the Rappaport Faculty of Medicine (2004 Noble Prize Laureates in Chemistry) in receiving the world’s most esteemed scientific accolade. Few universities have had three of their faculty members awarded such honor in just 7 years; even fewer scientific-technical institutions have had the privilege of three Nobel Prize Laureates.

Our proposal’s selection for the New York City campus is further recognition of Technion’s excellence, which is grounded in our academic, administrative, and technical faculty and staff; for this I extend my thanks.

Professor Peretz Lavie
President

Moshe Yanai (on the right) receiving the Distinguished Fellow of the Faculty decoration from the Dean of the Faculty of Electrical Engineering, Prof. Adam Shwartz.

On Wednesday, the Yanai Awards for Excellence in Teaching will be awarded for the first time to 14 lecturers. Each lecturer will receive 100,000 shekels, as a personal award. Technion President, Prof. Peretz Lavie, said that the prize is being awarded as part of his drive to improve the learning environment at the Technion.


 “The idea of establishing the Yanai Prize emerged from my first meeting with Moshe Yanai, a graduate of the Faculty of Electrical Engineering, a Distinguished Fellow of the Faculty, and a pioneer in the field of computerized data storage,” relates Prof. Lavie. “Moshe told me about his learning experience in the Technion. He said that the Technion equipped him with important and effective tools that contributed to his professional success, that the level of studies was very high, but that he does not recall his time at the Technion as enjoyable. I told him that the Technion has two completely different sides. On the one hand – it is an outstanding institution that is counted among the leaders in its field around the world and on other, it has a less positive side: it is perceived by students as a demanding institution that is not student-friendly. I told him that when I was installed as President of the Technion, I would do everything I could to improve the learning atmosphere. Thus, the Yanai Prize was born.”


The 14 prize winners were chosen by a committee headed by Technion Vice President for Academic Affairs, Prof. Moshe Sidi. The committee comprised students, faculty members and education specialists. Together, they evaluated teaching achievements and attituds of each and every candidate according to student statements, letters of recommendation sent by colleagues and position papers by the candidates in which they expressed their educational methods.


“The Yanai Awards will enable us to place the winners at the forefront so that they can serve as role models,” stresses Prof. Lavie. “I have no doubt that this prize will contribute to the learning atmosphere at the Technion.”

Moshe Yanai (on the right) receiving the Distinguished Fellow of the Faculty decoration from the Dean of the Faculty of Electrical Engineering, Prof. Adam Shwartz.

On Wednesday, the Yanai Awards for Excellence in Teaching will be awarded for the first time to 14 lecturers. Each lecturer will receive 100,000 shekels, as a personal award. Technion President, Prof. Peretz Lavie, said that the prize is being awarded as part of his drive to improve the learning environment at the Technion.


 “The idea of establishing the Yanai Prize emerged from my first meeting with Moshe Yanai, a graduate of the Faculty of Electrical Engineering, a Distinguished Fellow of the Faculty, and a pioneer in the field of computerized data storage,” relates Prof. Lavie. “Moshe told me about his learning experience in the Technion. He said that the Technion equipped him with important and effective tools that contributed to his professional success, that the level of studies was very high, but that he does not recall his time at the Technion as enjoyable. I told him that the Technion has two completely different sides. On the one hand – it is an outstanding institution that is counted among the leaders in its field around the world and on other, it has a less positive side: it is perceived by students as a demanding institution that is not student-friendly. I told him that when I was installed as President of the Technion, I would do everything I could to improve the learning atmosphere. Thus, the Yanai Prize was born.”


The 14 prize winners were chosen by a committee headed by Technion Vice President for Academic Affairs, Prof. Moshe Sidi. The committee comprised students, faculty members and education specialists. Together, they evaluated teaching achievements and attituds of each and every candidate according to student statements, letters of recommendation sent by colleagues and position papers by the candidates in which they expressed their educational methods.


“The Yanai Awards will enable us to place the winners at the forefront so that they can serve as role models,” stresses Prof. Lavie. “I have no doubt that this prize will contribute to the learning atmosphere at the Technion.”