Utah-Based Noninvasive Brain Temperature Monitoring Company Is Expanding

Company Selects Experienced Executive To Lead Marketing Efforts

SALT LAKE CITY — April 30, 2013 — ThermImage, Inc., a Salt Lake City-based developer of medical devices and products, is growing. The company, which focuses on the development, production, and distribution of noninvasive diagnostic and monitoring systems, today announced the addition of Phil Carter as vice president of marketing.

“Phil Carter’s expertise and extensive background in the medical-device industry are valuable additions to the ThermImage team,” said Doug Turnquist, president and chief executive officer of ThermImage. “Naturally, Phil will take the lead role in the strategic marketing efforts behind our plans to launch our products into the global market for noninvasive deep tissue temperature monitoring and imaging.”

The AccuCor DTMS™ (a noninvasive brain temperature monitoring system) is currently in the final stage of the design phase before seeking regulatory approvals to market the system worldwide. The system is expected to be the first commercially available noninvasive method of directly measuring the temperature of the brain, which often differs significantly from temperatures measured anywhere else in the body. The ability to include brain temperature information in determining patient treatment promises to reduce neurological complications in cardiac surgery and to improve outcomes in patients being treated in neurological intensive care units.

ThermImage expects to receive CE Marking later this year, which will allow the system to be marketed in Europe. The Company will also seek a 510(k) clearance for the AccuCor DTMS™ from the U.S. FDA to support a U.S. market launch in 2014.

“ThermImage has developed some very exciting and innovative technology in the field of radiometric thermometry,” Carter said. “This is a great opportunity to be involved with such a major advance in the field of safe and accurate deep tissue temperature sensing.”

Mr. Carter has over thirty-five years of experience in medical device marketing and sales, and was a consultant for the Advanced Health Technologies Group at SRI International. Mr. Carter began his career at American Edwards Laboratories (now Edwards Lifesciences), where he was instrumental in the market development of the Swan-Ganz Hemodynamic Monitoring System™. Prior to joining ThermImage, Mr. Carter served as vice president, sales and marketing at Coherex Medical, Inc., vice president, sales and marketing at Rubicon Medical, Inc., and director of global marketing at Precision Vascular Systems, Inc., all in Salt Lake City, Utah. Boston Scientific acquired both PVS and Rubicon Medical. Mr. Carter earned a Bachelor of Science degree in Biological Sciences from the University of California, Irvine, after serving in the U.S. Marine Corps.

About ThermImage, Inc.

ThermImage, Inc. (www.ThermImage.com) is a Salt Lake City-based developer of noninvasive deep tissue temperature monitoring and imaging systems. The company focuses on radiometry-based diagnostic and monitoring systems that directly measure temperature deep within the body. This platform technology is expected to provide heretofore unavailable brain temperature information, simple and accurate body core temperature measurement, and diagnostic procedures that are safer, less traumatic, and more cost-effective than current alternatives.