| Second Sight Announces  Successful Implantation and Activation of Wireless Visual Cortical Stimulator in  First Human Subject 
 Provides Proof of Concept  for the Ongoing Development of the Orion™ I Visual Cortical Prosthesis
 
 Second Sight  Medical Products, Inc. 2 hours  ago
 
 SYLMAR, Calif.--(BUSINESS WIRE)--
 
 Second Sight Medical Products, Inc. ( EYES) (Second Sight or the Company), a developer,  manufacturer and marketer of implantable visual prosthetics to restore  functional vision to blind patients, today announced the first successful  implantation and activation of a wireless visual cortical stimulator in a human  subject, providing the initial human proof of concept for the ongoing  development of the Company’s Orion™ I Visual Cortical Prosthesis (Orion I). In  the UCLA study supported by Second Sight, a 30 year old patient was implanted  with a wireless multichannel neurostimulation system on the visual cortex and  was able to perceive and localize individual phosphenes or spots of light with  no significant adverse side effects.
 
 Dr. Robert Greenberg, Chairman of the Board of Second Sight, said, “It is  rare that technological development offers such stirring possibilities. This  first human test confirms that we are on the right track with our Orion I  program to treat blind patients who cannot benefit from the Argus® II  Retinal Prosthesis (Argus II). This initial success in a patient is an exciting  and important milestone even though it does not yet include a camera. By  bypassing the optic nerve and directly stimulating the visual cortex, the Orion  I has the potential to restore useful vision to patients completely blinded due  to virtually any reason, including glaucoma, cancer, diabetic retinopathy, or  trauma. Today these individuals have no available therapy and the Orion I offers  hope, increasing independence and improving their quality of life.”
 
 “While we still have much work ahead, this  successful human proof of concept study gives us renewed energy to move our  Orion I development efforts forward,” said Will McGuire, President and CEO at  Second Sight. “We believe this technology will ultimately provide a useful form  of vision for the nearly six million people worldwide who are blind but not a  candidate for an Argus II retinal prosthesis. We also remain focused on further  developing our Argus II technology for patients with Retinitis Pigmentosa,  making it more widely available, and exploring its potential to improve the  vision of nearly two million patients blinded by Age-Related Macular  Degeneration worldwide.”
 
 Dr. Nader Pouratian, the UCLA neurosurgeon  who performed the surgery, added, “Based on these results, stimulation of the  visual cortex has the potential to restore useful vision to the blind, which is  important for independence and improving quality of life.”
 
 This implant was performed as part of a  proof of concept clinical trial whose purpose is to demonstrate initial safety  and feasibility of human visual cortex stimulation. The initial success of this  study, coupled with the significant additional pre-clinical work gathered  to-date readies Second Sight to submit an application to the FDA in early 2017  to gain approval for conducting an initial clinical trial of the complete Orion  I system, including the camera and glasses. Assuming positive initial results in  patients and discussions with regulators, an expanded pivotal clinical trial for  global market approvals is then planned.
 
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