IceCure Medical to Provide Educational Support in a First-of-its-Kind Cryotherapy Course at the American Society of Breast Surgeons' 24th Annual Meeting

• Physicians Attending the CME Course to Demo ProSense, Learn More About Breast Cryoablation, and Receive Hands-on Training
• Previously Published ICE3 Trial Interim Results will be Highlighted to Further Raise Awareness of Breast Cryoablation

CAESAREA, Israel, April 24, 2023 IceCure Medical Ltd. (Nasdaq: ICCM) (TASE: ICCM) developer of the ProSense® System, a minimally-invasive cryoablation technology that destroys tumors by freezing as an alternative to surgical tumor removal, today announced its educational support for a continuing medical education (CME) course on cryotherapy at the American Society of Breast Surgeons' (ASBrS) 24^th Annual Meeting to be held in Boston, Massachusetts on April 26-30, 2023. This marks the ASBrS's first cryoablation CME course offered at its annual meetings, and ProSense will be the cryoablation system to be used in this year's course for hands-on training.

The course, titled "Cryotherapy: An Introductory Course for the Ultrasound-Experienced Surgeon" is scheduled for Thursday, April 27 from 7:30 am – 11:30 am ET. Course moderators and faculty include cryoablation thought leaders:  

• Richard Fine, MD, FACS, an ICE3 trial investigator who serves as Program Director of the Breast Surgical Oncology Fellowship and as Director of Research and Education at the West Comprehensive Breast Center in Germantown, Tennessee
• Michael Berry, MD, breast surgeon at the West Comprehensive Breast Center in Germantown, Tennessee
• Rache Simmons, MD, MBA, MS, FACS, breast surgeon at Weill Cornell Medicine in New York City
• Dennis Holmes, MD, FACS, breast cancer surgeon at several Los Angeles hospitals and cancer researcher

The "Recent and Proposed Studies of Cryoablation without Surgery" segment of the course will include the previously published interim results from IceCure's ICE3 trial. Interim analysis completed in July 2022 demonstrated that following treatment with ProSense, only 3.09% of patients (6 out of 194 eligible trial patients) experienced cancer recurrence. ICE3 is the largest US-based controlled multicenter clinical trial ever performed for liquid nitrogen-based cryoablation of small, low-risk, early-stage malignant breast tumors as an alternative to surgery. In October 2022, the Company submitted a regulatory filing (De Novo Classification Request) with the U.S. Food and Drug Administration ("FDA") for marketing authorization and it is currently in the review process.

Dr. Fine commented, "Cryoablation potentially represents a dramatic improvement in care for appropriate low-risk patients. The non-invasive procedure is fast, painless, and can be delivered under local anesthesia in a doctor's office. Recovery time is minimal and cosmetic outcomes are excellent with little loss of breast tissue and no scarring."

"As we await a response from the FDA on our submission of ProSense in early-stage breast cancer, we are encouraged to see the high level of interest from breast surgeons in cryoablation CME courses," stated Eyal Shamir, IceCure's Chief Executive Officer. "We believe the strong interim ICE3 data, combined with physician education and training in cryoablation, will enable the accelerated adoption of ProSense and provide non-surgical options for women with early-stage breast cancer who are at high risk to surgery."

IceCure will be exhibiting and demonstrating ProSense at booth #816 and encourages physicians and other interested parties to visit the booth and/or contact [email protected] to schedule a meeting.

About ASBrS

The American Society of Breast Surgeons, the primary leadership organization for general surgeons who treat patients with breast disease, is committed to continually improving the practice of breast surgery by serving as an advocate for surgeons who seek excellence in the care of breast patients. This mission is accomplished by providing a forum for the exchange of ideas and by promoting education, research, and the development of advanced surgical techniques.

About IceCure Medical

IceCure Medical (Nasdaq: ICCM) (TASE: ICCM) develops and markets ProSense®, an advanced liquid-nitrogen-based cryoablation therapy for the treatment of tumors (benign and cancerous) by freezing, with the primary focus areas being breast, kidney, bone and lung cancer. Its minimally invasive technology is a safe and effective alternative to hospital surgical tumor removal that is easily performed in a relatively short procedure. The system is marketed and sold worldwide for the indications cleared to-date by the FDA and approved in Europe with the CE Mark.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal and Israeli securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, IceCure is using forward looking statement in this press release when it discusses the presentation of its cryoablation system at the ASBrS' 24th Annual Meeting, its regulatory strategy, the potential benefits of its products and technologies, and awaiting the FDA's response to the Company's regulatory requests for clearance for ProSense in early-stage breast cancer.. Because such statements deal with future events and are based on IceCure's current expectations, they are subject to various risks and uncertainties and actual results, performance, or achievements of IceCure could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's Annual Report on Form 20-F for the year ended December 31, 2022 filed with the SEC on March 29, 2023, and other documents filed with or furnished to the SEC which are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

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SOURCE IceCure Medical