Cardiosolutions, Inc. is developing a less invasive, percutaneous alternative to open heart surgical repair of the mitral valve. The Cardiosolutions Percu-Pro™ System and Mitra-Spacer™ will provide a long-term therapeutic substitute to this complicated open heart valve repair procedure. In this connection, it will address the unmet clinical need for a minimally invasive solution to the nearly 200,000 patients diagnosed annually with moderate to severe mitral regurgitation who currently forgo treatment because they cannot tolerate a highly invasive procedure. The Company is another novel medical device technology incubated within and spun out of STD Med Inc.