Artimplant's Subsidiary GMC Signs Contract with the County of Halland


STOCKHOLM, Sweden, May 15, 2003 (PRIMEZONE) -- Artimplant's (Other OTC:APLTF) GMC will perform knee prosthesis surgery under the contract during an initial two year term with an optional extension of two more years. Professor Lars Peterson, Hospital Director at GMC: "We are looking forward to cooperate with the County Council of Halland, and are more than happy contribute to a reduction of waiting times for patients. The newly signed contract broadens our client-base of insurance- and private patients to also include, surgical treatment of patients for the County of Halland."

Gothenburg Medical Center, (GMC) is a private clinic specializing in orthopaedic diseases and injuries. The clinic has unique knowledge in knee surgery, and performs approximately 1000 surgeries annually, of which 700 are knee surgeries. GMC consists of an outpatient clinic, an operation department, a ward and a physical therapy department.

For additional information, please contact:

Tord Lendau, CEO, phone +46 (0)31 746 56 00, +46 (0)708 369 403, tord.lendau@artimplant.se

ARTIMPLANT

Artimplant is a biomaterial company that focuses on orthopedic surgery solutions. The company runs R&D operations for biodegradable implants and develops manufacturing processes for the implants. Its goal is to enable active lives. Artimplant's biomaterial is based on a new technology that's opening new markets within orthopedic surgery and closely related areas that have extensive med-tech needs.

Artimplant developed and patented several different degradable ligament implants that are now in clinical trials. The company's business concept is to license products and technologies to global partners.

The Artimplant share is listed on the Stockholm stock exchange's O list.

This information was brought to you by Waymaker http://www.waymaker.net

The following files are available for download:

http://www.waymaker.net/bitonline/2003/05/15/20030515BIT01500/wkr0001.doc

http://www.waymaker.net/bitonline/2003/05/15/20030515BIT01500/wkr0002.pdf