Titan Medical Signs Development Agreement With Sagentia

Titan Medical Inc. has signed an agreement with Sagentia Inc., a world leading technology and product development company, for the industrial design and development of certain core aspects related to the Company's Amadeus robotic surgical system.

Under the terms of the agreement, Sagentia will work with Titan to develop the core structure and mechanisms of the Surgeon Console, from front end needs analysis through to transfer to manufacture, in order to aid in the delivery of innovation and commercial value of the Amadeus Platform.

Dr. Reiza Rayman, President of Titan Medical Inc., commented, "We are proud to join Sagentia's client base which includes leading multinational medical manufacturers and high innovation start-ups. This partnership will enable us to accelerate development of Amadeus in its final pre clinical phase, while adhering to the highest technological standards in the industry."

Brent Hudson, Chief Executive Officer of Sagentia, said, "We are excited about this opportunity to collaborate with Titan Medical on developing its cutting edge robotic surgery system. We are pleased to be Titan's selected partner, leveraging our strengths in complex R&D product development requirements and helping the company to bring its innovative value proposition to the market."