SMART Medical Systems' G-EYE® Colonoscope is now FDA Cleared on Olympus' PCF Colonoscope Series, Making it Available in the United States on the Commonly Used Models of All Leading Endoscopy Brands

- FDA has approved the use of G-EYE® with Olympus' 510(k) cleared PCF colonoscopes -

RA'ANANA,Israel,April 19,2022 -- SMART Medical Systems Ltd.,a developer and manufacturer of innovative endoscopy products,today announced an additional FDA clearance for its G-EYE® Colonoscope,based on Olympus' 510(k) cleared PCF colonoscope series. With this additional FDA clearance,G-EYE® is now available for use in the U.S. market on the commonly used colonoscope models of all three leading endoscopy brands - OLYMPUS,FUJIFILM,and PENTAX Medical.

"The ability to offer G-EYE® on colonoscope brands and models commonly used and widely available in the United States is an important milestone for SMART Medical,patients,and endoscopists," said Gadi Terliuc,Chief Executive Officer of SMART Medical. "The majority of U.S. endoscopists now have the option to utilize our cutting-edge technology,which has been shown in clinical studies to improve visualization compared with standard colonoscopy,while using their preferred brand and model of colonoscope. We are very excited to have completed our portfolio of U.S. G-EYE® offerings and believe that the widespread availability of the technology on the commonly used colonoscope models has the potential to accelerate adoption of G-EYE® colonoscopy as the standard of care."

The G-EYE® Colonoscope is a 510(k) cleared colonoscope,remanufactured by SMART to include a proprietary balloon at its distal bending section. Withdrawal of the G-EYE® Colonoscope with the balloon moderately inflated during colonoscopy assists in controlling the colonoscope's field of view and positioning. A published study (GIE 2019; 89: 545-53) demonstrated that G-EYE® can improve colonoscopy outcomes compared with standard colonoscopy across several metrics,including increasing adenoma detection rate(ADR) by 28%,detecting 47% more adenomas per patient (APP),62% more advanced and large adenomas,and 142% more flat adenomas.

"We expect that this FDA clearance of the G-EYE® Colonoscope based on Olympus' PCF scopes,which many Olympus users prefer over traditional adult-sized colonoscopes,will enhance our ability to capture a substantial portion of the U.S. colonoscopy market," said Brian Cochrane,Chief Commercial Officer of SMART's U.S. subsidiary. "We are committed to becoming the standard of care in colonoscopy,and this FDA clearance is an important step toward achieving this critical goal."

About SMART Medical Systems

SMART Medical Systems is a pioneer in the development and manufacture of innovative medical devices in the field of gastro-intestinal (GI) endoscopy. SMART's unique approach is to address key challenges in contemporary endoscopy while using available brand name endoscopes. SMART's CE Marked and FDA-cleared NaviAid™ and G-EYE® product families are commercially distributed in key global markets. With its partnership with FUJIFILM and PENTAX Medical,SMART's G-EYE®colonoscopy solution is currently adopted by two of the three industry leaders in GI endoscopy imaging. SMART is headquartered inIsrael,and operates inthe United Statesthrough its wholly-owned subsidiary,SMART GI Inc. For more information,please visit:www.smartmedsys.com/us/.

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