WARSAW, Ind., Nov. 30, 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 a distribution agreement with Orthopedia Neurocirugía Camara (ONC) in Mexico. Under terms of the agreement, ONC will be the exclusive Mexican distributor of Symmetry Surgical's comprehensive portfolio of surgical medical devices, which includes all brands and products formerly part of Codman surgical instruments and SSi.
A top medical device distributor in Mexico, ONC sells and distributes high-quality surgical instruments used in spinal and neurosurgical procedures. The company offers comprehensive products and services to support clinicians with timely, successful instrument implementations. ONC has a goal of expanding its reach deeper into Mexico with Symmetry's Surgical's diverse product portfolio.
"With the completion of our partnership with ONC, Symmetry Surgical can now offer our broad portfolio of industry-leading surgical instruments to clinicians and facilities in Mexico," said Chris Huntingdon, Chief Operating Officer at Symmetry Surgical. "ONC's reputation has been built on their dedication to quality surgical instruments and improving patients' lives, which aligns with Symmetry Surgical's overarching values. We are excited to partner with ONC to drive growth our existing business throughout Mexico."
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 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 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.
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," "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.
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.comSource:Symmetry Medical Inc.