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TopSpin Medical Appoints Cindy Setum, Ph.D., Vice President Clinical Affairs

Thursday, October 18, 2007 General News
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TEL-AVIV, Israel, October 17 TopSpin Medical(TASE: TOPMD), the developer of a unique technology for high-resolution MRIusing an IntraVascular MRI (IVMRI) catheter for the coronary arteries,announced today the appointment of Cindy Setum, Ph.D., as Vice President,Clinical Affairs.
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Dr. Setum has over 15 years of experience in cardiovascular research inthe medical device industry. She has a Ph.D. from the University ofMinnesota, holds several medical device patents and has published extensivelyin the areas of cardiologic, peripheral and neurovascular applications forinterventional medical devices. Dr. Setum was previously Vice President ofClinical and Medical Affairs at Possis Medical, Inc., where for 12 years shesupervised preclinical and clinical research in catheter-based thrombectomy(removal of intravascular blood clots).
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Yaron Tal, TopSpin's CEO, commented: "The addition of Dr. Setum to ourmanagement team as Vice President of Clinical Affairs is a significant stepin building our global presence in the Cardiology market. Dr. Setum's trackrecord of accomplishments and strong medical device background make her wellsuited for this position. She has the leadership skills and expertise to moveour clinical research program forward."

About TopSpin

TopSpin Medical developed an innovative and unique technology forhigh-resolution MRI using an IntraVascular MRI (IVMRI) catheter for thecoronary arteries, without the need for an expensive and bulky external MRIsetup. The catheter contains those components, which are usually found in aconventional MRI scanner, only that they are miniaturized to less than 2millimeters in size. In 2006 TopSpin Medical began to develop its technologyfor imaging prostate cancer by an integrated endo-rectal MRI and ultrasoundprobe.

STATEMENTS IN THIS PRESS RELEASE WHICH ARE NOT HISTORICAL DATA AREFORWARD-LOOKING STATEMENTS WHICH INVOLVE KNOWN AND UNKNOWN RISKS,UNCERTAINTIES OR OTHER FACTORS NOT UNDER THE COMPANY'S CONTROL, WHICH MAYCAUSE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BEMATERIALLY DIFFERENT FROM THE RESULTS, PERFORMANCE OR OTHER EXPECTATIONSIMPLIED BY THESE FORWARD-LOOKING STATEMENTS. THESE FACTORS INCLUDE, BUT ARENOT LIMITED TO, THOSE DETAILED IN THE COMPANY'S PERIODIC FILINGS WITH THESECURITIES AUTHORITIES.

- Caution: TopSpin IVMRI system is not available for sale in the UnitedStates.Contact: Eyal Kolka CFO & Senior Vice President, Business Development +972-8-920-0033 [email protected]

SOURCE TopSpin Medical Israel Ltd
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