Stereotaxis’ GenesisX Robotic System to be Showcased for the First Time at RSNA 2024 by Neusoft Medical Systems

STXS 12.02.2024

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ST. LOUISandSHENYANG, China,Dec. 02, 2024(GLOBE NEWSWIRE) --Stereotaxis(NYSE: STXS) andNeusoft Medical Systems Co., Ltd(“Neusoft Medical Systems”) today announced that Stereotaxis’ latest GenesisX robotic system is being featured for the first time at Neusoft Medical Systems’ booth at the Radiology Society of North America’s (RSNA) 2024 Annual Meeting taking placeDecember 1-5inChicago, IL.

RSNA is the premier annual radiology forum in the world, with over 50,000 attendees from over 150 countries.Neusoft Medical Systemsis a global leader in advanced medical imaging solutions, with over 47,000 installed systems that provide high-quality care to patients and healthcare providers globally. Stereotaxis’ GenesisX System, the latest innovation in endovascular robotics, is being showcased for the first time alongside Neusoft Medical Systems’ NeuAngio 30F fluoroscopy system. Presence at RSNA reflects a growing collaboration betweenStereotaxisandNeusoft Medical Systemsto integrate and commercialize complementary technologies. GenesisX builds upon the well-established benefits of Robotic Magnetic Navigation technology, while reducing complexities and barriers to hospital adoption. This system is designed to enhance precision, efficiency, and safety across a broad range of endovascular procedures.

“Neusoft Medical Systems is committed to providing advanced high-quality medical technologies that improve healthcare globally,” saidPatrick Wu, CEO ofNeusoft Medical Systems. “Stereotaxis’ revolutionary GenesisX robotic technology aligns well with our portfolio of advanced innovative imaging systems and we are pleased to collaborate withStereotaxisand showcase our joint solutions at RSNA 2024.”

“We very much appreciate the invitation byNeusoft Medical Systemsto demonstrate GenesisX at RSNA and are excited to showcase our joint technologies for the first time at a conference of this caliber,” saidDavid Fischel, CEO ofStereotaxis. “GenesisX promises to have a profound impact on the trajectory of endovascular robotics. We look forward to our expanded collaboration withNeusoft Medical Systemshelping deliver groundbreaking technologies to patients globally.”

AboutStereotaxis

Stereotaxis(NYSE: STXS) is a pioneer and global leader in innovative surgical robotics for minimally invasive endovascular intervention. Its mission is the discovery, development and delivery of robotic systems, instruments, and information solutions for the interventional laboratory. These innovations help physicians provide unsurpassed patient care with robotic precision and safety, expand access to minimally invasive therapy, and enhance the productivity, connectivity, and intelligence in the operating room.Stereotaxistechnology has been used to treat over 150,000 patients acrossthe United States,Europe,Asia, and elsewhere. For more information, please visitwww.Stereotaxis.com.

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe”, "estimate”, "project”, "expect" or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially. Factors that would cause or contribute to such differences include, but are not limited to, the Company's ability to manage expenses at sustainable levels, acceptance of the Company's products in the marketplace, the effect of global economic conditions on the ability and willingness of customers to purchase its technology, competitive factors, changes resulting from healthcare policy, dependence upon third-party vendors, timing of regulatory approvals, the impact of pandemics or other disasters, and statements relating to our recent acquisition of APT, including any benefits expected from the acquisition, and other risks discussed in the Company's periodic and other filings with theSecurities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. There can be no assurance that the Company will recognize revenue related to its purchase orders and other commitments because some of these purchase orders and other commitments are subject to contingencies that are outside of the Company's control and may be revised, modified, delayed, or canceled.

Stereotaxis Contacts:David L. FischelChairman and Chief Executive Officer

Kimberly PeeryChief Financial Officer

314-678-6100Investors@Stereotaxis.com

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Source: Stereotaxis, Inc.

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