IceCure Medical Ltd. announced it has entered into an initial distribution agreement with Mutlu Medikim Tibbi Malzeme TIC. A.S. to exclusively sell the Company's ProSense™ Cryoablation System and Probes in Turkey. Within twelve months of signing the initial distribution agreement, the parties expect to enter into a long-term exclusive distribution agreement. Under the terms of the initial distribution agreement, Mutlu Medikim A.S. shall be responsible to address all requirements to sell the ProSense™ Cryoablation System in Turkey. Mutlu Medikim A. S. may solely sell in Turkey the ProSense Cryoblation System products and consumables purchased from IceCure. Following signing the initial distribution agreement, Mutlu Medikim A.S. shall also place an initial purchase order which amounts to approximately $100,000.