Intuitive Surgical Inc. 8-K 2-9-2006
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of
The
Securities Exchange Act of 1934
Date
of
Report: February 9, 2006
INTUITIVE
SURGICAL, INC.
(exact
name of registrant as specified in its charter)
Delaware
|
000-30713
|
77-0416458
|
(State
or other jurisdiction of
incorporation or organization)
|
Commission
File Number
|
(I.R.S.
Employer Identification No.)
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950
Kifer Road
Sunnyvale,
California 94086
(Address
of Principal executive offices, including zip code)
(408)
523-2100
(Registrant’s
telephone number, including area code)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
*
|
Written
communications pursuant to Rule 425 under the Securities Act (17
CFR
230.425)
|
*
|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
*
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR
240.14d-2(b))
|
*
|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR
240.13e-4(c))
|
Item
5.02.
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Appointment
of Principal Officer.
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On
February 9, 2006 Intuitive Surgical, Inc (the “Company”) announced the
appointment of Dr. Gary Guthart, 40, as Chief Operating Officer effective
February 7, 2006. A copy of the press release is attached hereto as Exhibit
99.1
and incorporated herein by reference.
Item
9.01.
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Financial
Statements and Exhibits.
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Press
Release issued by Intuitive Surgical, Inc., dated February 9,
2006
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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|
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INTUITIVE
SURGICAL, INC.
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|
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Date: February
9, 2006
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By
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/s/ LONNIE M.
SMITH
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|
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Name: Lonnie
M. Smith
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|
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Title:
President
and Chief Executive Officer
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EXHIBIT
INDEX
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Exhibit No.
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Description
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Press
Release issued by Intuitive Surgical, Inc., dated February 9,
2006
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|
|
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Exhibit 99.1
Exhibit
99.1
Intuitive
Surgical Announces the promotion of Dr. Gary Guthart to Chief Operating
Officer
SUNNYVALE,
CALIF. February 9, 2006 - Intuitive Surgical, Inc. (NASDAQ: ISRG), the industry
leader in surgical robotics, today announced the promotion of Dr. Gary Guthart
to the role of Chief Operating Officer. Dr. Guthart, 40, will lead Intuitive's
research, product design, manufacturing, regulatory and IT operations. Most
recently, Dr. Guthart served as Intuitive's Senior Vice President of Product
Operations.
"I'm
delighted to announce Gary's appointment to Chief Operating Officer," said
Lonnie Smith, CEO. "Gary has demonstrated operational strength, strategic vision
and a passion for driving innovation. Since joining Intuitive, he has been
a
major contributor to our success and has demonstrated extraordinary leadership.
I look forward to his continued contributions in realizing the growth
opportunities ahead of us."
Dr.
Guthart joined Intuitive Surgical, Inc. in April 1996 and became Vice President,
Engineering in November 1999. He was promoted to Senior Vice President, Product
Operations in January 2002. Previously, Dr. Guthart was part of the core team
developing foundation technology for computer enhanced-surgery at SRI
International (formally Stanford Research Institute). While at SRI, he also
developed technologies for vibration and acoustic control of large-scale
systems. Dr. Guthart holds degrees in engineering from California Institute
of
Technology and University of California, Berkeley.
About
Intuitive’s Products:
The
da
Vinci®
Surgical System consists of a surgeon’s viewing and control console having an
integrated, high-performance InSite® 3-D vision system, a patient-side cart
consisting of three or four robotic arms that position and precisely maneuver
endoscopic instruments and an endoscope, and a variety of articulating
EndoWrist® Instruments. By integrating computer-enhanced technology with
surgeons’ technical skills, Intuitive believes that its system enables surgeons
to perform better surgery in a manner never before experienced. The da Vinci®
Surgical System seamlessly and directly translates the surgeon’s natural hand,
wrist and finger movements on instrument controls at the surgeon’s console
outside the patient’s body into corresponding micro-movements of the instrument
tips positioned inside the patient through small puncture incisions, or
ports.
The
Aesop®
Endoscope Positioner is a voice-activated robotic arm that automates the
critical task of endoscope positioning, providing the surgeon with direct
control over a smooth, precise and stable view of the internal surgical
field.
The
Hermes®
Control
Center is a centralized system designed to voice control a series of networked
"smart" medical devices.
This
press release contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. These forward-looking
statements are necessarily estimates reflecting the best judgment of our
management and involve a number of risks and uncertainties that could cause
actual results to differ materially from those suggested by the forward-looking
statements. These forward-looking statements should, therefore, be considered
in
light of various important factors, including the following: timing and success
of product development and market acceptance of developed products; regulatory
approvals, clearances and restrictions; guidelines and recommendations in the
health care and patient communities; intellectual property positions and
litigation; competition in the medical device industry and in the specific
markets of surgery in which Intuitive Surgical operates; and unanticipated
manufacturing disruptions, delays in regulatory approvals of new manufacturing
facilities or the inability to meet demand for products. Words such as
"estimate," "project," "plan," "intend," "expect," "anticipate," "believe"
and
similar expressions are intended to identify
forward-looking statements. You are cautioned not to place undue reliance on
these forward-looking statements, which speak only as of the date of this press
release. We undertake no obligation to publicly update or release any revisions
to these forward-looking statements to reflect events or circumstances after
the
date of this press release or to reflect the occurrence of unanticipated events.
Intuitive®,
da
Vinci®,
InSite®,
EndoWrist®,
Hermes®, and Aesop®
are
registered trademarks of Intuitive Surgical, Inc.