Symmetry Medical Launches Complementary Additions to the Micro Instrument Portfolio
Symmetry Medical Inc. announced today that its subsidiary, Symmetry Surgical, has released new Neurosurgical Line Extensions.
Specially Designed Neurosurgical Instruments Now Available as a Complete Set With a Custom Tray
WARSAW, Ind. , June 25, 2012 (GLOBE NEWSWIRE) --Symmetry Medical Inc. (NYSE:SMA), a leading global source of innovative medical device solutions, including surgical instruments, orthopedic implants, and sterilization cases and trays, announced today that its subsidiary, Symmetry Surgical, has released new Neurosurgical Line Extensions. The Symmetry Micro Instruments, which were included as part of Symmetry Surgical's recent acquisition of the surgical instrument portfolio of Codman & Shurtleff, are single-shafted mechanical micro instruments specifically designed for neurosurgical procedures. The new products include the release of a specially designed instrument tray that holds the comprehensive set of 33 Micro Instruments.
The new specially designed tray provides protection for the Micro Instruments' 2mm bayonetted shafts. The tray includes a removable lid, independent shelf and base. The independent shelf and base add additional value, as they can be placed directly on the back table in an operating room to keep the instruments organized throughout the surgical procedure.
Symmetry Surgical featured the new Micro Instruments at the recent annual meeting of the AANS – American Association of Neurological Surgeons , in Miami, FL April 14th to April 18th, 2012 . Attending surgeons took advantage of the opportunity to visit the Symmetry Surgical Technical Exhibit and compare these new instruments to those in use today, many of which are designs that are more than 30 years old.
Chris Huntington, Chief Operating Officer of Symmetry Surgical, added, "The new Micro Instruments and custom tray create a great deal of value and efficiency for Neurosurgeons. Their innovative designs are synergistic to other innovations in the Neurosurgical space and are in-line with our goal to help facilitate excellent clinical outcomes and operating room efficiency for our customers."
For more information on these portfolio line extensions please contact your Symmetry Surgical Representative by calling 800-255-2500 or by visiting the Company's website at www.symmetrysurgical.com.
About Symmetry Surgical Inc.
Symmetry Surgical is dedicated to developing quality surgical instruments that meet the needs of clinicians and help improve the lives of patients. Our portfolio brings together the product lines of Specialty Surgical Instrumentation (SSi), Olsen Medical and the recently acquired surgical instruments division Codman & Shurtleff, Inc. Our well-known brands include BOOKWALTER®, GREENBERG™, RILEY™, OLSEN™, ULTRA™, QUAD-LOCK™, FLASHPAK™, RAPIDCLEAN®, OPTI-LENGTH®, CLASSIC® and CLASSIC PLUS®. Headquartered in Nashville , Symmetry Surgical is a wholly owned subsidiary of Symmetry Medical Inc (NYSE:SMA).
About Symmetry Medical Inc.
Symmetry Medical Inc. is a leading global source of innovative medical device solutions, including surgical instruments, orthopedic implants, and sterilization cases and trays. The Company's thousands of Teammates provide design, development and worldwide production capabilities for these products to customers in the orthopedic industry, other medical device markets, and specialized non-healthcare markets. Symmetry's trusted reputation and brands, broad Intellectual Property portfolio and commitment to innovation enable it to collaborate with hundreds of global medical device manufacturers as well as thousands of hospitals to provide solutions for today's needs and tomorrow's growth.
Statements in the press release regarding Symmetry Medical Inc.'s business which are not historical facts may be "forward-looking statements" that involve risks and uncertainties, within the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. Forwardlooking statements are predictive in nature and are frequently identified by the use of terms such as "may," "might," "will," "should," "expect," "believe," "anticipate," "plan," "estimate," "intend," and similar words indicating possible future expectations, events or actions. Such predictive statements are not guarantees of future performance, and actual outcomes and results could differ materially from our current expectations. We refer you to the "Risk Factors" and "Forward Looking-Statements" sections in the Company's most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission as well as the Company's other filings with the SEC , which are available on the SEC's Web site at www.sec.gov.
Symmetry Medical Inc.
Fred L. Hite
Senior Vice President
Chief Financial Officer
Investors / Media:
The Ruth Group
Zack Kubow / Lisa Cook
(646) 536-7020 / 7012