Nexstim Plc announced that it has signed a distribution agreement with Canadian Health Solutions to bring its SmartFocus TMS system to the Canadian market. The system is expected to be launched in Canada in the next few months. Nexstim SmartFocusTM technology is differentiated by its sophisticated 3D navigation that uses its proprietary E-field algorithm to visualize the exact location, orientation and magnitude of the stimulation given to the brain to treat MDD. The distribution agreement covers both Nexstim's NBT system for the treatment of MDD as well as the Nexstim NBS(R) system for presurgical mapping.