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SRS Medical Acquires Asbrook/Eris and Andco Tek Assets, Latest Acquisition in Incontinence and Women’s Health

Billerica, Massachusetts – January 13, 2003

SRS Medical Systems, Inc. today announced that it had acquired substantially all of the assets of Asbrook, Inc. and Andco Tek, Inc., both of Ventura CA. These firms presently market urodynamics products under the Asbrook/Eris brand, primarily in the areas of urogynecology and gynecology.

This is the second significant acquisition by SRS Medical in the area of incontinence and women’s health. SRS Medical acquired the In-Flow™ device from American Medical Systems, Inc. (AMS) of Minnetonka MN (NASDAQ: AMMD) in November 2000 and recently announced that they had received CE certification for this advanced device. (Not for sale in the U.S.)
Urodynamic products are used to evaluate urinary tract function and provide the medical justification for most therapeutic interventions related to urinary incontinence and other voiding disorders. Asbrook/Eris products feature a number of unique technologies, including an automatic leak point detector and a non-pulsating pump, both of which can be used with most urodynamic systems in the field.

Many analysts believe that the market for urodynamics is poised for rapid growth, due to an increasing recognition of the value of establishing a diagnostic basis for treatments, as well as increases in the rate of reimbursement. At a time when rates for most procedures are being cut, CMS/Medicare recently announced increased reimbursement averaging 40% for urodynamics.

Donald R. Ostergard, M.D., President of both Asbrook, Inc. and Andco Tek, Inc., states “We are very pleased to be a part of SRS Medical and are looking forward to a long and productive association as our innovative technologies are integrated into the unique SRS Medical product suite for the evaluation and therapy of urinary incontinence. As a physician specializing in women’s health, it is clear that SRS Medical’s modern approach to this problem will significantly improve the quality-of-life of the 10-30% of ambulatory women and the 50% of women in nursing homes who suffer from urinary incontinence. As more physicians recognize the clinical value of urodynamics as a diagnostic modality and with the ‘user friendly’ Asbrook/Eris approach, a clear clinical contribution is expected and women’s health will benefit.”

Kevin M. Connolly, President and CEO of SRS Medical, states “The Asbrook/Eris diagnostic devices complement SRS Medical’s innovative therapeutic devices and round out our product portfolio for incontinence. In addition to their clinically well-conceived technologies, we are pleased to welcome the Asbrook/Eris team, which is one of the most knowledgeable and dedicated groups in the urodynamics field.”

SRS Medical Systems, Inc. is a privately held Delaware corporation with facilities in Billerica MA and Redmond WA. To learn more about SRS Medical and its products, please visit http://www.srsmedical.com.

Contact: Jane Stansbury, Vice President
Mail to: jstansbury@srsmedical.com
Telephone: 800-345-5642, 425-882-1101
Fax: 425-882-1935

Urodynamics and Urodynamic Medical Solutions are provided by SRS Medical to provide better care for your medical patients. Best Practice for the care of patients with lower urinary tract symptoms (LUTS) includes urodynamics for prescriptive diagnosis. Urodynamics is good medicine and, due to increases in reimbursement, urodynamics, and urodynamic in general,now makes financial sense. SRS Medical offers such Urodynamic treatments and solutions such as the Eris Clarity System. The Clarity System features advanced technology from Eris, the group that first introduced computer-assisted urodynamics. In particular, the Eris Clarity System features two unique technologies that have significant real-world clinical benefits when dealing with Urodynamics: Effective Treatment of Urodynamic related illness begins with Accurate Diagnosis such as Pharmaceuticals, Conservative Treatments, Surgical Prodcedures Along with patient treatment of Urodynamic related illness and manufacturer of Urodynamic medical equpment, SRS Medical, Inc also deals with Incontinence, Supplier of the In-Flow product, Uro, Bladder, Biofeedback, Urinary, Pelvic, Catheter, Women's health, Urodynamics, Retention, Disability, Rehabilitation, Conservative treatment, Spina Bifida, Electromyography, Neurostimulation, Platinum, American Medical, Voiding, Orion, Influence, Urology, Kegel, Sensor, Colorectal, Levator ani, Atonic bladder, Gynecology, Uroflow, Overflow, Prosthetic, Physical therapy, Behavioral therapy, MS, Neuromuscular, Stimulation, Gemini, Medtronic, Overactive bladder, Perry, Urethra, EMG, Constipation, PVR, Urogynecology, Leak point, Rehab, Bulking agents, E-stim, SenseRx, Pathway, Pediatric Urology, Bedwetting and ControlWorks. In the world of urology and gynecology, SRS Medical deals with women's health such as bladder, pelvic, urethra, intraurethral, urine and neuromuscular disorders. Urodynamics of the urodynamic system can use catheter and urodynamic biofeedback to treat incontinence, atonic, retention, acontactile, neurogenic, LUTS. SRS Medical are medical manufacturers of the EasyPro, Orion, In-Flow, EasyFlo and C3 Penile Clamps. Browne, Eris, Perry, Influence, Timm, Endocare, AMS, EMG, leak-point, post-void residual, urogynecology, OB/GYN, female urology, rehabilitation, rehab, physical therapy, PT, colorectal, pediatric urology, voiding, bladder neck, penis, prostate, void, levator ani, prosthetic, urethral insert, Kegel exercises, Foley, e-stim, neurostimulation, electrical stimulation, intermittent catheter, intermittent catheterization, CIC, vaginal cones, penile clamp, catheterization, stimulation, bulking agents, injector, diagnosis, conservative therapy, conservative treatment, office-based, overflow, UTI, stress incontinence, urge incontinence, mixed incontinence, overactive bladder, neurogenic bladder, spina bifida, MS, multiple sclerosis, SCI, spinal cord injury, post-stroke, stroke, ui, diabetes, disability, Clarity, Regain, Gemini, sUrge, ControlWorks, MuscleWorks, GameWorks, MEP, SenseRx, American Medical, Pathway, Prometheus, Hollister, Platinum, Personalmed, Personal Medical, Kevin Connolly, David Mahoney, pressure, CMG, air-charged, electrodes, sensors, transducers, tubing, PVR, water perfusion, microtip. This web site designed by Bower Web Solutions, Inc.