Myomo Announces New Sales and Service Agreement for Chile

4/16/19

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Myomo, Inc. (NYSE American: MYO), a wearable medical robotics company that offers increased functionality for those suffering from neurological disorders and upper limb paralysis, today announced that it has signed an agreement with Tecnoplanta Orthopedic Laboratory with the goal of offering MyoPro in Chile.

With over 20 years of operation, Tecnoplanta Orthopedic Laboratory is dedicated to providing services in both orthoses and prostheses for people who have suffered strokes, amputations or musculoskeletal malformations, providing patients with high quality products of advanced technology. Tecnoplanta serves patients in Chile and across Latin America.

Mario Campos, Tecnoplanta Chief Product Officer, Chief Innovation Officer, Chief Orthotics and Prosthetics Technician explains, “Our vision is to be an orthopedic laboratory recognized by health organizations throughout Chile as providing a high quality and efficient service responding to the demands of a globalized, changing and competitive world. Our mission is to deliver high quality care to our patients, committed from the beginning with their recovery process providing high-tech supplies, backed by large world-renowned companies in the field of technical orthopedics, such as Myomo.”

Paul R. Gudonis, Chairman and CEO of Myomo, said, “Since individuals from around the world are seeking a MyoPro for their paralyzed arms, this agreement with Tecnoplanta enables Myomo to assist patients in South America, supplementing our existing international reach in Canada and Europe. Myomo and Tecnoplanta are ideal partners, both of us committed to excellence in technology and patient care.”

About Myomo

Myomo, Inc. is a wearable medical robotics company that offers expanded mobility for those suffering from neurological disorders and upper limb paralysis. Myomo develops and markets the MyoPro product line. MyoPro is a powered upper limb orthosis designed to support the arm and restore function to the weakened or paralyzed arms of patients suffering from CVA stroke, brachial plexus injury, traumatic brain or spinal cord injury, ALS or other neuromuscular disease or injury. It is currently the only marketed device that, sensing a patient’s own EMG signals through non-invasive sensors on the arm, can restore an individual’s ability to perform activities of daily living, including feeding themselves, carrying objects and doing household tasks. Many are able to return to work, live independently and reduce their cost of care. Myomo is headquartered in Cambridge, Massachusetts, with sales and clinical professionals across the U.S. and representatives internationally. For more information, please visit www.myomo.com.

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