WARSAW, Ind., April 30 /PRNewswire-FirstCall/ -- Symmetry Medical Inc. , a leading independent provider of products to the global orthopedic device industry and other medical markets, announced today the launch of DigiPrint(TM), the Company's new, proprietary printing technology for surgical case graphics.
DigiPrint is a state-of-the-art system that utilizes breakthroughs in printing mechanics and digital technology for precise, extremely durable graphical design on a wide array of surgical cases and trays. DigiPrint's non- toxic, biocompatible graphics print below the aluminum metal surface, making them impervious to scratching, peeling and fading. The graphics withstand repeated medical steam sterilization and cleaning for optimal appearance. The permanent process also eliminates the need to replace silk screens when graphics are updated and is compatible with any digital source, from simple, one-color drawings to complex photography.
"After a year-long testing process, we are excited to unveil DigiPrint, one of the most technically-advanced printing processes in the industry. Not only does DigiPrint meet the highest medical standards, but it provides our customers with a cost-effective system for rapid turnaround and a high degree of customization," remarked Brian Moore, President and Chief Executive Officer of Symmetry Medical. "Key to our Total Solutions(R) offering is the ability to precisely match the design specifications of our customers. Incorporating graphics, such as company logos and brand images, into the finished product is an important component to the manufacturing process. DigiPrint enables us to uniquely satisfy this need."
About Symmetry Medical Inc.
Symmetry Medical Inc. is a leading independent provider of implants and related instruments and cases to the orthopedic device industry. The Company also designs, develops and produces these products for companies in other segments of the medical device market, including arthroscopy, dental, laparoscopy, osteobiologic and endoscopy sectors and provides limited specialized products and services to non-healthcare markets, such as the aerospace market.
Forward-Looking Statements
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 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," "will," "should," "expect," "believe," "estimate," "intend," and similar words indicating possible future expectations, events or actions. Such predictive statements are not guarantees of future performance, and actual results could differ materially from our current expectations. Certain factors that could cause actual results to differ include: the loss of one or more customers; the development of new products or product innovations by our competitors; product liability; changes in management; changes in conditions effecting the economy, orthopedic device manufacturers or the medical device industry generally; and changes in government regulation of medical devices and third-party reimbursement practices. 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 http://www.sec.gov/.
Investors/Media: Contact:
The Ruth Group Symmetry Medical Inc.
Nick Laudico/Jason Rando Fred Hite
(646) 536-7030/7025 Senior Vice President
nlaudico@theruthgroup.com Chief Financial Officer
jrando@theruthgroup.com (574) 371-2218
Symmetry Medical Inc.
CONTACT: Investors-Media, Nick Laudico, +1-646-536-7030, nlaudico@theruthgroup.com, or Jason Rando, +1-646-536-7025, jrando@theruthgroup.com, both of The Ruth Group, for Symmetry Medical Inc.; or Fred Hite, Senior Vice President, Chief Financial Officer, of Symmetry Medical Inc., +1-574-371-2218
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