Symmetry Surgical Partners With MTG Medical Technologies to Distribute Surgical Instruments Portfolio in Several European Countries Key Partnership Furthers Symmetry Surgical's Global Presence and Sets Stage for Further European Expansion WARSAW, Ind., Oct. 31, 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 entered into an exclusive distribution agreement withMTG Medical Technologies (MTG), subsidiary of Neuro-Competence, in Germany, Austria, Switzerland, Czech Republic, Hungary and Slovakia. Under terms of the agreement, MTG will distribute Symmetry Surgical's portfolio of surgical instruments, which includes all brands and products of the recently acquired Codman surgical instruments portfolio from Johnson and Johnson. MTG, with more than 14 years of experience, is a leading medical device distributor focused on innovative neurosurgical products that enhance patient care and support hospital providers with cost effective, quality products. MTG will provide Symmetry Surgical with broad regional coverage to support growth of Symmetry's deep product portfolio. "Partnering with MTG and bringing the Symmetry Surgical portfolio to Europe is an exciting milestone in expanding our global presence," said Chris Huntington, Chief Operating Officer of Symmetry Surgical. "Their expertise and mission align with our own values, which are focused on improving patient care and outcomes. We look forward to working with MTG to achieve strong growth in these key markets as we continue our expansion into other European countries in the coming months." About Symmetry Surgical 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 divisionCodman & Shurtleff, Inc.Our well-known brands include BOOKWALTER^®, GREENBERG^™, RILEY^™, OLSEN^™, ULTRA^™, QUAD-LOCK^™, FLASHPAK^™, RAPIDCLEAN^®, OPTI-LENGTH^®, CLASSIC^® and CLASSIC PLUS^®.Headquartered inNashville, Symmetry Surgical is a wholly owned subsidiary ofSymmetry Medical Inc(NYSE:SMA). AboutSymmetry 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 orthopaedic 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. Forward-Looking Statements Statements in the press release regardingSymmetry Medical Inc.'sbusiness which are not historical facts may be "forward-looking statements" that involve risks and uncertainties, within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking 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 Commissionas well as the Company's other filings with theSEC, which are available on theSEC'sWeb site atwww.sec.gov. CONTACT: Symmetry Medical Inc. Fred L. Hite Senior Vice President Chief Financial Officer (574) 371-2218 Investors / Media: The Ruth Group Zack Kubow / Lisa Cook (646) 536-7020 / 7012 firstname.lastname@example.org email@example.com
Symmetry Surgical Partners With MTG Medical Technologies to Distribute Surgical Instruments Portfolio in Several European
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