Wednesday, July 6, 2011

Viking Systems, Inc. (VKNG) Forecasts Second Quarter Revenue Increase of 25%

Viking Systems Inc. is a leading worldwide developer, manufacturer and marketer of 3D and 2D visualization solutions for complex, minimally invasive surgery. The company’s systems enable these minimally invasive surgical procedures which reduces patient trauma and recovery time.

The company today announced that it expects to report sales for the quarter ended June 30, 2011 of approximately $2.5 million. This is an increase of 25 percent compared with $2 million in revenue reported for last year’s second quarter.

All of Viking’s customer sales in 2011 have been in markets outside the United States. While the company believes most of its 3DHD sales in 2011 will be from outside the US, it does expect to receive orders from US customers beginning in the third quarter. Viking began demonstrations of its products in the US in January of this year.

For additional information on Viking Systems, please visit its website at www.vikingsystems.com

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