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home / news releases / VPTDF - Ventripoint Successfully Completes European Commission QMS Certification Surveillance Audit


VPTDF - Ventripoint Successfully Completes European Commission QMS Certification Surveillance Audit

(TheNewswire)



Toronto, Ontario - The Newswire -January 24, 2022 - Ventripoint Diagnostics Ltd.(" Ventripoint " or the " Company "), (TSXV:VPT ) ( OTC:VPTDF) is pleased to announcethat is it has successfully completed a surveillance audit of itsquality assurance system under Medical Device Directive 93/42/EEC(MDD), Annex II with no findings.  This is the first surveillanceaudit since Ventripoint’s last full recertification (see NR March 9,2021).

The audit by a EU-based Notified Body confirmed thatVentripoint continues to remain in compliance with the requirements ofthe European Medical Device Directive.  Our continued certificationallows us to continue to market in CE Mark European countries, whichinclude the European Economic Area, Switzerland, and, until 2023, theUnited Kingdom and until Ventripoint transitions to the new EU MedicalDevice Regulation (MDR).

“This significant achievement for the organizationand is a testament to the commitment of the entire Ventripoint team indesigning, developing, manufacturing, and distributing high qualityproducts and improving patient’s lives,” said Dr. George Adams,CEO of Ventripoint.

About Ventripoint DiagnosticsLtd.

Ventripoint has become anindustry leader in the application of AI (Artificial Intelligence) toechocardiography. Ventripoint's VMS products are powered by itsproprietary KBR technology, which is the result of a decade ofdevelopment and provides accurate volumetric cardiac measurementsequivalent to MRI. This affordable, gold-standard alternative allowscardiologists greater confidence in the management of their patients.Providing better care to patients serves as a springboard and basicstandard for all of Ventripoint's products that guide our futuredevelopments. In addition, VMS+ is versatile and can be used with allultrasound systems from any vendor supported by regulatory marketapprovals in the U.S., Europe and Canada.

For further information, pleasecontact:

Dr. George Adams

gadams@ventripoint.com

519-803-6937

Neither the TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this news release.

Forward Looking Statements

This news release contains forward-looking statementsand forward-looking information within the meaning of applicablesecurities laws. The use of any of the words "expect","anticipate", "continue", "estimate","objective", "ongoing", "may","will", "project", "should","believe", "plans", "intends'' and similarexpressions are intended to identify forward-looking information orstatements. The forward-looking statements and information are basedon certain key expectations and assumptions made by the Company.Although the Company believes that the expectations and assumptions onwhich such forward-looking statements and information are based arereasonable, undue reliance should not be placed on the forward-lookingstatements and information because the Company can give no assurancethat they will prove to be correct.

Since forward-looking statements and informationaddress future events and conditions, by their very nature theyinvolve inherent risks and uncertainties. Actual results could differmaterially from those currently anticipated due to a number of factorsand risks. Factors which could materially affect such forward-lookinginformation are described in the risk factors in the Company's mostrecent annual management's discussion and analysis that is availableon the Company's profile on SEDAR at www.sedar.com. Readers arecautioned that the foregoing list of factors is not exhaustive. Theforward-looking statements included in this news release are expresslyqualified by this cautionary statement. The forward-looking statementsand information contained in this news release are made as of the datehereof and the Company undertakes no obligation to update publicly orrevise any forward-looking statements or information, whether as aresult of new information, future events or otherwise, unless sorequired by applicable securities laws.

Copyright (c) 2022 TheNewswire - All rights reserved.

Stock Information

Company Name: VentriPoint Diagnostics Ltd
Stock Symbol: VPTDF
Market: OTC
Website: ventripoint.com

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