Press Release

Stereotaxis, Inc. Selects EtQ Reliance Medical Device

FARMINGDALE, NY (07-23-08): EtQ has announced the implementation of EtQ Reliance for Medical Devices at Stereotaxis-designers and manufacturers, of an advanced cardiology instrument control system for use in a hospital's interventional surgical suite, for the treatment of arrhythmias and coronary artery disease.

Stereotaxis recognized the need for a strong Quality Management System (QMS) to help them maintain a high level of quality and compliance. Using EtQ's robust set of modules such as Document Control, Complaint Handling, Change Control, and Corrective/Preventive Action, Stereotaxis will be able to automate their business process and collaborate across the enterprise while providing a high level of flexibility to configure the software to meet their business needs.

Of particular interest to Stereotaxis, was the ability for a QMS to integrate with their existing Customer Relationship Management (CRM) system, Salesforce.com, to handle customer complaints. EtQ is able to provide the high level of flexibility that Stereotaxis needs and, acting as a Web-service to Salesforce.com, allows customer complaints to be integrated and in turn, answered more quickly and accurately.

EtQ is also able to provide a solution that is flexible enough to match their business processes exactly, while maintaining compliance to FDA requirements. Enhanced security features, electronic signatures, audit trail tracking, and more have enabled Stereotaxis to use EtQ to maintain compliance to FDA initiatives.

"Using EtQ, Stereotaxis will be able to streamline and configure the system to improve business processes while meeting the demands of the FDA," stated Morgan Palmer, Chief Technology Officer at EtQ. "EtQ's flexible QMS will allow Stereotaxis to become more efficient in their operations, reduce quality issues, and make compliance a competitive advantage for their brand."

About Stereotaxis, Inc.

Stereotaxis, Inc. designs, manufactures, and markets an advanced cardiology instrument control system for use in a hospital's interventional surgical suite (cath lab), for the treatment of arrhythmias and coronary artery disease. Stereotaxis' system allows physicians to navigate catheters, guidewires, and other delivery devices, both its own and those the company is co-developing with partners, through the blood vessels and chambers of the heart to treatment sites in order to effect treatment. Stereotaxis' system's components consist of Niobe magnetic navigation system, Navigant advanced user interface, Cardiodrive catheter advancement system, and disposable interventional devices.

About EtQ

EtQ is the leading Quality, EHS, Operational Risk and Compliance management software provider for identifying, mitigating and preventing high-risk events through integration, automation and collaboration. At the core of EtQ’s framework is a compliance management platform that enables organizations to implement best-in-class compliance processes configured to meet their existing processes, create new compliance processes and automate and control their compliance ecosystem. EtQ’s product lineup includes Reliance™ for enterprise organizations and Verse Solutions™ for mid-sized businesses. EtQ was founded in 1992 and has main offices located in the U.S. and Europe. To learn more about EtQ and its various product offerings, visit www.etq.com or blog.etq.com.

For more information about EtQ, please visit www.etq.com, or to schedule a virtual demo, contact EtQ Inc., at 800-354-4476 or 516-293-0949, or e-mail us at info@etq.com.

EtQ is a trademark of EtQ Management Consultants, Inc. All other product names and company names are trademarks or registered trademarks of their respective owners.

Press Contact:

Brenda Percy
bpercy@etq.com