WARSAW, Ind., June 11, 2014 (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 it has launched the Dual Connection Offset Acetabular Reamer Driver through its OEM Solutions team. The product will be featured in Symmetry Medical's booth #431 at the 10th Annual Orthopedic Manufacturing & Technology Exposition and Conference (OMTEC exhibition) in Chicago on June 11-12, 2014.
Symmetry's new Dual Connection Offset Acetabular Reamer Driver is used during Total Hip Arthroplasty ("THA") surgery to easily introduce acetabular reamers to the hip joint and to enhance visibility in minimally invasive procedures such as Direct Anterior Approach THA surgery. The driver features a patented drive shaft assembly designed and tested to meet the demands of THA surgery. The product highlights include:
Thomas W. Barrett, Senior Vice President and Chief Commercial Officer, Symmetry Medical OEM Solutions, said, "The launch of the Dual Connection Offset Acetabular Reamer Driver is a significant advancement in our proven line of acetabular preparation products and further enhances our comprehensive offering of instruments for the anterior surgical approach for hip arthroplasty. Our New Product Development team tested this device extensively to validate the mechanical longevity with a focus in optimizing the long term functional performance and the overall ease of use. By providing valuable proprietary product innovation that can be added to our customers' surgical instrument sets, we continue to support our OEM customers, orthopedic surgeons and the patients that they serve."
Mr. Barrett added, "The product launch is also consistent with our strategy to grow our OEM Solution sales opportunities through use of our own proprietary medical device solutions."
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 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.
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