3D Vision Systems Appoints Rick Lundberg as Chief Operating Officer

IRVINE, CA -  3D Vision Systems, a venture-stage company developing a Digital Microsurgical Workstation System™ for ophthalmic and other specialties, today announced the appointment of Richard E. N. Lundberg as Chief Operating Officer (COO).  Rick will be responsible for ongoing development of 3D Vision Systems’ Digital Microsurgical Workstation System™ and will lead the company’s efforts to raise additional capital from angel and venture investors.

Rick brings more than 15 years of strategic, operational and commercial experience to 3D Vision Systems.  Most recently, Rick was a Consultant with JSB Partners, a healthcare investment advisory firm in Concord, Mass.  From 2000 to 2004 at Celera Genomics, Rick played a key role in Celera’s transition from the sequencing of the human genome to drug discovery and development.  Rick grew Celera’s genomics services business to revenues of nearly $40 million and brought the business to profitability prior to its transfer to Celera’s sister company, Applied Biosystems.  Subsequently, Rick provided business leadership for Celera’s proteomics target discovery, virology and other programs. From 1990 to 2000 at Biogen, Rick served in a broad range of business roles with increasing responsibility including market and strategic analysis, product and technology licensing, business development, project management, marketing, sales and investor relations. Rick holds a Bachelor of Science degree in Biochemical Sciences from Harvard University.

“Rick’s strategic and operating capabilities will be invaluable as 3D Vision Systems moves it’s Digital Microsurgical Workstation System™ from product development to the market,” said Ramgopal Rao, CEO of 3D Vision Systems.  “Rick will also work closely with Jay Standish, Executive Vice President, in the upcoming commercial launch planned for 2006.  Finally, Rick has significant experience interacting with financial stakeholders, which will help enormously as the company raises additional capital.  I’m pleased to welcome him as a key member of 3D Vision Systems’ management team.”

“I believe digital, three dimensional imaging represents the wave of the future in ophthalmic and other surgeries,” said Rick Lundberg, the company’s new Chief Operating Officer. “I am very excited to have the opportunity to help build the company and maximize the potential of the Digital Microsurgical Workstation System™.”

About 3D Vision Systems:

Privately held 3D Vision Systems Inc., based in Irvine, California is developing a groundbreaking digital imaging technology for ophthalmic and other surgeries.  The Company’s Digital Microsurgical Workstation System™ utilizes dual proprietary, high-resolution digital video cameras to capture three dimensional images of surgery in real-time. With the aid of a high speed "intelligence" processor and a 3D image processor, the System displays the stereoscopic, 3D images on a specialized high resolution monitor.  The System is designed to allow for optimal viewing by surgeons and other OR staff and efficient use of space in the OR. 3D Vision Systems believes that its Digital Microsurgical Workstation System™ will ultimately replace current glass optics-based surgical microscopes, which have delivered only modest incremental improvements in image quality and ergonomics over the past few decades. 3D Vision Systems was founded by Dr. David Miller, an internationally recognized ophthalmic surgeon at Harvard Medical School, and Ram Rao, an accomplished entrepreneur with 25 years of experience in the ophthalmic market including several successful start-up companies.

Contacts:

3D Vision Systems
Ramgopal Rao, CEO
Tel: (949) 727-2121
rrao@3dvisionsystems.com