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SPAULDING REHABILITATION HOSPITAL JOINS CYBERKINETICS’ BRAINGATE NEURAL INTERFACE SYSTEM PILOT STUDY


BOSTON and FOXBOROUGH, Mass. – The Spaulding Rehabilitation Hospital (Spaulding) and Cyberkinetics Neurotechnology Systems, Inc. (OTCBB:CYKN) (Cyberkinetics) today announced the addition of Spaulding as a new clinical site for the BrainGate™ Neural Interface System pilot study. Spaulding, a teaching affiliate of Harvard Medical School, is one of the premier rehabilitation facilities in the United States and is the second rehabilitation center to participate in the study.

“The successful development of the BrainGate System, which may allow patients to control computers and other devices using thought, has tremendous potential to improve the mobility and independence of people with severe physical disabilities. We look forward to recruiting patients to participate in this unique study,” commented Leigh R. Hochberg, M.D., Ph.D., a principal investigator for the study who is a Consultant in Neurology at Spaulding and is on the Neurology staff at Massachusetts General Hospital and Brigham and Women’s Hospital.

“We are very excited to join this important study which has the potential to make a groundbreaking contribution to the advancement of rehabilitation science,” said Joel Stein, M.D., Chief Medical Officer and Medical Director of the Stroke Program at Spaulding and a co-investigator for the study.

“The addition of Spaulding, one of the most prestigious rehabilitation institutions in the country, is a key step toward our goal of continuing enrollment in the BrainGate pilot trial,” said Tim Surgenor, President and CEO of Cyberkinetics. “We are very enthusiastic about the preliminary progress achieved in our BrainGate development program as a result of enrolling the first patient in our study. This progress has enabled us to initiate development of the next generation of software applications for use with the BrainGate System earlier than we had originally planned.”

About the BrainGate Pilot Study
Cyberkinetics received regulatory clearance from the U.S. Food and Drug Administration (FDA) in March of 2004 to study the BrainGate Neural Interface System under an Investigational Device Exemption (IDE). In the first several weeks of the study, the first patient enrolled through the Sargent Rehabilitation Center in Rhode Island has successfully been able to use his thoughts and the BrainGate System to operate a computer, environmental controls and a robotic limb. The pilot (feasibility) study protocol provides for the enrollment of up to five individuals with quadriplegia (unable to use their arms and legs) who are between the ages of 18 and 60 and who meet the study’s selection criteria. The two primary goals of the pilot clinical study are to characterize the safety profile of the device and to evaluate the quality, type, and usefulness of neural output control that patients can achieve using thoughts. Initial clinical and scientific findings from the study were recently presented at the annual meetings of the American Academy of Physical Medicine and Rehabilitation in Phoenix, Arizona on October 8, 2004 and the Society for Neuroscience in New Orleans on October 24, 2004.

About the BrainGate System
The BrainGate Neural Interface System is a proprietary, investigational brain-computer interface that consists of an internal sensor to detect brain cell activity and external processors that convert these brain signals into a computer-mediated output under the person's own control. The sensor is a tiny silicone chip about the size of a baby aspirin with one hundred electrodes, each thinner than a hair, that detect the electrical activity of neurons. The sensor is implanted on the surface of the area of the brain responsible for movement, the primary motor cortex. A small wire connects the sensor to a pedestal which is mounted on the skull, extending through the scalp. An external cable connects the pedestal to a cart containing computers, signal processors and monitors which enable the study operators to determine how well a study participant can control his neural output. The ultimate goal of the BrainGate development program is to create a safe, effective and unobtrusive universal operating system which will allow physically disabled people to quickly and reliably control a wide range of devices using their thoughts, including computers, assistive technologies and medical devices.

About the Spaulding Rehabilitation Hospital
The Spaulding Rehabilitation Hospital, home to Harvard Medical School’s Department of Physical Medicine and Rehabilitation, has built a national reputation for excellent clinical care, advanced research, and innovative programs in rehabilitation. Spaulding is the only rehabilitation hospital in New England ranked among the nation’s best in U.S. News & World Report. The Spinal Cord Injury Rehabilitation Program at Spaulding is part of the New England Regional Spinal Cord Injury Model Systems Program. A member of Partners HealthCare, the Spaulding Network includes its main campus, a 296-bed facility located in Boston, Mass., and eight outpatient sites throughout the Greater Boston area.

About Cyberkinetics Neurotechnology Systems, Inc.
Cyberkinetics, a leader in neurotechnology, an emerging field driven by advances in neuroscience, computer science, and engineering, is focused on treating diseases and disorders of the nervous system. Cyberkinetics’ first product, BrainGate™ Neural Interface System, is designed to give severely paralyzed individuals a long-term, direct brain-computer interface for the purpose of communication and control of a computer and other devices. Patients are currently being enrolled into a pilot clinical trial to test its safety and effectiveness. Cyberkinetics’ intellectual property features key technologies licensed from Brown University, the Massachusetts Institute of Technology, Emory University, and the University of Utah. Cyberkinetics is headquartered in Foxborough, Massachusetts and conducts engineering and research in Salt Lake City, Utah. More information is available at www.cyberkineticsinc.com. For specific information about the BrainGate™ clinical trial please send an email to braingateinfo@cktrial.com

Forward Looking Safe Harbor Statement:
This news release contains “Forward Looking Statements.” These statements are subject to known and unknown risks and uncertainties that may cause actual future experience and results to differ materially from the statements made. Forward-looking statements include, but are not limited to, statements concerning our future expectations, plans, prospects and future operating results as well as projections of cash and marketable securities and sufficiency of funding for capital expenditures. Actual results may differ materially from those indicated by these forward-looking statements as a result of various factors including risks related to: our access to additional capital; our ability to obtain additional funding to support our business activities; our dependence on third parties for development, manufacture, marketing, sales and distribution of our products; our development of products; our ability to obtain and maintain patent protection for our discoveries and products; and our limited operating history; as well as those risks more fully discussed in the "Risk Factors" section of the Form 8-K filed with the Securities and Exchange Commission on October 8, 2004. Any forward-looking statements represent our views only as of today and should not be relied upon as representing our views as of any subsequent date.

Pilot Study Information:
If you are a patient interested in receiving information about the BrainGate pilot study please contact:
Leigh R. Hochberg, M.D., Ph.D., Spaulding Rehabilitation Hospital
(617) 726-4218

Media Contacts: Note: Multimedia available (B-roll and illustrations of the BrainGate System)

Kari Lampka
MacDougall BioCommunications, Inc.
(508) 647-0209
klampka@macbiocom.com

Christine F. Fennelly
Spaulding Rehabilitation Hospital
(617) 573-2918
cfennelly1@partners.org

Company Contact:
Jessica Duda
Cyberkinetics Neurotechnology Systems
(508) 549-9981, ext 112
IR@cyberkineticsinc.com

Investor Relations Contact:
Brian Korb
Trout Group
(212) 477-9007, ext 23
bkorb@troutgroup.com

 

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