 TEL AVIV, Israel, Aug. 10, 2020 GLOBE NEWSWIRE -- InspireMD, Inc. NYSE American: NSPR, developer of the CGuardTM Embolic Prevention System EPS for the prevention of stroke caused by the treatment of carotid artery disease, today announced that as of August 7, 2020, the Company has regained compliance with the NYSE Americans continued listing standards. As previously disclosed, on August 14, 2019, the Company received a Deficiency Letter from the NYSE American stating that InspireMD was not in compliance with certain NYSE American continued listing standards relating to stockholders equity. Specifically, InspireMD was not in compliance with Part 10, Section 1003aiii of the NYSE American Company Guide, due to the fact the Company had reported stockholders equity of less than 6 million as of June 30, 2019 and had net losses in its five most recent fiscal years ended December 31, 2018. Following the recently announced funding transaction in which the Company raised net proceeds after offering expenses of approximately 10.7 million, the Company has successfully solved the non-compliance issue.About InspireMD, Inc. InspireMD seeks to utilize its proprietary MicroNet technology to make its products the industry standard for carotid stenting by providing outstanding acute results and durable stroke free long-term outcomes.InspireMDs common stock is quoted on the NYSE American under the ticker symbol NSPR and certain warrants are quoted on the NYSE American under the ticker symbol NSPR.WS and NSPR.WSB.Forward-looking StatementsThis press release contains forward-looking statements. Such statements may be preceded by the words intends, may, will, plans, expects, anticipates, projects, predicts, estimates, aims, believes, hopes, potential or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Companys control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with i market acceptance of our existing and new products, ii negative clinical trial results or lengthy product delays in key markets, iii an inability to secure regulatory approvals for the sale of our products, iv the impact of the COVID-19 pandemic on our manufacturing, sales, business plan and the global economy; v intense competition in the medical device industry from much larger, multinational companies, vi product liability claims, vii product malfunctions, viii our limited manufacturing capabilities and reliance on subcontractors for assistance, ix insufficient or inadequate reimbursement by governmental and other third party payers for our products, x our efforts to successfully obtain and maintain intellectual property protection covering our products, which may not be successful, xi legislative or regulatory reform of the healthcare system in both the U.S. and foreign jurisdictions, xii our reliance on single suppliers for certain product components, xiii the fact that we will need to raise additional capital to meet our business requirements in the future and that such capital raising may be costly, dilutive or difficult to obtain and xiv the fact that we conduct business in multiple foreign jurisdictions, exposing us to foreign currency exchange rate fluctuations, logistical and communications challenges, burdens and costs of compliance with foreign laws and political and economic instability in each jurisdiction. More detailed information about the Company and the risk factors that may affect the realization of forward looking statements is set forth in the Companys filings with the Securities and Exchange Commission SEC, including the Companys Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SECs web site at The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.Investor Contacts: Craig Shore Chief Financial Officer InspireMD, Inc. 888-776-6804 CORE IR 