Medigus: ScoutCam Approved as Certified Vendor of Israeli Ministry of Defense

OMER, Israel, Oct. 26, 2020 - Medigus Ltd. (Nasdaq:MDGS) (TASE:MDGS), a technology company engaged in advanced medical solutions and innovative internet technologies, today announced it was informed that ScoutCam Inc. (OTCQB: SCTC) Medigus’ subsidiary (50.1%) and a leading developer and manufacturer of customized micro visual solutions and supplementary technologiesits, got approved as a certified vendor of the Israeli Ministry of Defense (MOD). As an approved vendor of the MOD, ScoutCam can now participate in tenders and offer its solutions directly to the various divisions and agencies of the MOD. This listing adds to ScoutCam's growing list of recent recognitions, which includes its registered supplier status with the US National Aeronautics and Space Administration (NASA) as well as ScoutCam's inclusion to the Approved Supplier List of a Fortune 500 multinational healthcare corporation.

“Receiving approvals and certifications from a leading governmental entity in Israel enables us to widen our potential customer base, strengthen our position in the Israeli defense market and sell our innovative customized visual solutions to more defense organizations in Israel,” said Yaron Silberman, Chief Executive Officer of ScoutCam.

ScoutCam designs, manufactures and sells its unique miniature cameras to various Homeland Security (HLS), defense and aerospace organizations worldwide. For HLS application, ScoutCam developed an ultra-thin camera that transmits its signal wirelessly or over an extra-long cable (tens of meters).

For the aerospace industry, ScoutCam's solution includes the micro ScoutCam 8.0 HD that was recently successfully used in NASA’s third Robotic Refueling Mission (RRM3). In addition to its miniature size, the versatile micro ScoutCam 8.0 HD camera features state of the art customizable optics and noteworthy image quality. The waterproof device is also able to adapt in a variety of extreme temperatures, and withstand various vibrations, radiation and vacuums.

About Medigus
Medigus is traded on the Nasdaq Capital Market and the TASE (Tel Aviv Stock Exchange). To learn more about the company’s advanced technology, please visit www.medigus.com.