Mr. Chien Huang reports

TITAN MEDICAL ANNOUNCES BENCHMARK ELECTRONICS, INC. PURPORTED TO TERMINATE AGREEMENT

Titan Medical Inc. supplier Benchmark Electronics, Inc., the company engaged by Titan under a manufacturing and supply agreement for the manufacture of Titan's Enos Surgical System, has purported to terminate the agreement. Titan did not receive delivery from Benchmark of manufactured Enos Surgical System units and disputes that Benchmark has grounds for the termination. Titan has rejected Benchmark's allegation that Titan breached the agreement.

About Titan Medical Inc.

Titan Medical Inc., a medical technology company headquartered in Toronto, has developed an expansive patent portfolio related to the enhancement of robotic assisted surgery (RAS), including through a single access point, and is currently focused on evaluating new opportunities to further develop and license its intellectual property.

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