Mr. Paul Cataford reports

TITAN MEDICAL ANNOUNCES EXECUTIVE DEPARTURE

After careful consideration and a review of the company's future needs, Perry Genova, senior vice-president of research and product development, will depart Titan Medical Inc., effective immediately.

"As we transform from a technology research and development company to a company focused on regulatory clearance and commercialization, our needs continue to evolve," said Paul Cataford, interim president, chief executive officer and board chair. "We wish Perry success in his future endeavours."

About Titan Medical Inc.

Titan Medical, a medical device company headquartered in Toronto, Ont., and with operations in Chapel Hill, N.C., is focused on enhancing robotic-assisted surgery using innovative technology through a single access point. The Enos robotic single-access surgical system is being developed with an ergonomic focus to provide a surgical experience that imitates real-life movements that surgeons demand and includes multiarticulating instruments designed to allow surgeons an increased range of motion in a confined space, with dexterity and the ability to exert the forces necessary to complete common surgical tasks. With the Enos system, Titan intends to initially pursue gynecologic surgical indications.

We seek Safe Harbor.