Integrated Surgical Syste (RDOC.PK)

Integrated Surgical Systems, Inc. engages in the design, manufacture, sale, and service of image-directed, computer-controlled robotic software, and hardware products for use in orthopaedic and neurosurgical procedures. Its principal orthopaedic product, ROBODOC Surgical Assistant System, integrates the ORTHODOC Presurgical Planner with a computer controlled robot for use in joint replacement surgeries. The company also manufactures and sells, NeuroMate System, which is neurosurgical equipment. In addition, it develops presurgical planning software for various major implant manufacturing companies for particular lines of new prostheses to be used with the ROBODOC system. Integrated Surgical Systems markets the ROBODOC system to orthopaedic and trauma surgeons and hospitals in Europe through direct sales, as well as through distributors in Japan, Korea, and India. The company was incorporated in 1990 and is headquartered in Davis, California.

For the fiscal year ended 12/31/04, revenues decreased 60% to $2.4 million. Net loss decreased 83% to $556 thousand. Revenues reflect a decrease in product sales. Lower loss reflects improved gross margins and the absence of a $1.5 million loss on disposal of subsidiary.