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Integra LifeSciences Announces Service Alliance Agreement With PREZIO Health

PLAINSBORO, N.J., Feb. 25, 2016 (GLOBE NEWSWIRE) -- Integra LifeSciences Holding Corporation (NASDAQ:IART) today announced its service alliance agreement with PREZIO Health, a leader in perioperative services, repair, maintenance and management of surgical instruments.

Together, Integra and PREZIO will offer customers an integrated approach to surgical instrument life-cycle management, including surgical instrumentation, services, repair and replacement.

"This agreement reflects Integra’s commitment to offer our customers and patients a full-service solution that improves patient care and reduces costs," said Robert T. Davis, Jr., Integra's CVP and President - Specialty Surgical Solutions.

Under the terms of the agreement, PREZIO Health will act as Integra’s authorized surgical instruments service provider, providing a nationwide team of experienced technicians, mobile labs and national repair centers that can quickly service Integra’s customer base.

“The life expectancy of surgical instruments is more important than ever,” stated Chris Bartlett, Integra’s VP Sales – Specialty Surgical Solutions. “Preventative maintenance from PREZIO Health’s skilled technicians can extend the life of surgical instruments and reduce capital expenditures.”

"We are pleased to provide Integra and their customers with the necessary service capabilities as both companies focus on providing the highest quality patient care possible,” stated Greg Bright, PREZIO’s Executive Vice President, Chief Operating Officer.

About Integra
Integra LifeSciences, a world leader in medical technology, is dedicated to limiting uncertainty for clinicians, so they can concentrate on providing the best patient care. Integra offers innovative solutions, including leading regenerative technologies, in specialty surgical solutions, orthopedics and tissue technologies. For more information, please visit www.integralife.com.

About PREZIO Health
PREZIO Health™, a leader in perioperative services, repair, maintenance and management of surgical instruments and educational programs for the Central Sterile Processing Department (CSPD), focuses on increasing physician satisfaction and improving patient care by optimizing the overall form, fit and functionality of its customer’s surgical instrument portfolio. Through its comprehensive preventative instrument maintenance, repair and management services, PREZIO offers a new level of precision management for vital healthcare equipment assets. For more information about PREZIO Health™, call 855-667-4831 or visit www.preziohealth.com.

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements concerning the products and services provided by Integra. Such forward looking statements involve risks and uncertainties that could cause actual results to differ materially from predicted or expected results. Among other things, the willingness of surgical professionals to use Integra products may affect the prospects for their use in surgical procedures. In addition, the economic, competitive, governmental, technological and other factors, identified under the heading "Risk Factors" included in Item IA of Integra's Annual Report on Form 10-K for the year ended December 31, 2014 and information contained in subsequent filings with the Securities and Exchange Commission could affect actual results.

CONTACT: Integra LifeSciences Holdings Company Investors Angela Steinway 609-936-2268 angela.steinway@integralife.com Michael Beaulieu 609-936-2827 michael.beaulieu@integralife.com Media Gianna Sabella 609-775-8553 gianna.sabella@integralife.com

Source:Integra LifeSciences Holdings Corporation