Computer Motion, Inc.

As of June 30, 2003, Computer Motion, Inc. was acquired by Intuitive Surgical, Inc. In March 2003, Computer Motion, Inc. and Intuitive Surgical, Inc. agreed to merge into one company. Under the terms of the definitive merger agreement, Computer Motion's equity holders would receive 32% of the combined company on a fully diluted basis. Each outstanding share of Computer Motion common stock would be converted into approximately 0.52 shares of Intuitive common stock. Intuitive would issue an aggregate of approximately 15.39 million shares in exchange for all of Computer Motion's outstanding common stock, preferred stock, options, and warrants. Computer Motion, Inc. engages in the development, manufacture, and marketing of proprietary robotic and computerized surgical systems that are intended to enhance a surgeon's performance, and centralize and simplify the surgeon's control of the operating room. Products include the ZEUS® Surgical System, AESOP® Robotic Endoscope Positioner, HERMES® Control Center, and the SOCRATES™ Telecollaboration System. Competitors of Computer Motion include Boston Scientific Corporation, C.R. Bard, Inc., Edwards Life Sciences, Guidant Corporation, Heartport, Inc., St. Jude, Ethicon Endo-Surgery, Inc., divisions of Johnson & Johnson, Inc., Medtronic, Inc., United States Surgical Corporation, Brock Rogers Surgical, Inc., Integrated Surgical Systems, Inc., Armstrong Healthcare, Ltd., EndoVia Medical, Inc., Johns Hopkins University Engineering Research Consortium, Maquet AG, icroDexterity Systems, Inc., Ross-Hime Designs, Inc., and Stereotaxis, Inc.