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Symmetry Surgical Continues Global Expansion Through New Distributor Partnership With AMT Electrosurgery Inc. In Canada

Stocks in this article: SMA

WARSAW, Ind., Oct. 16, 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 an exclusive distribution agreement with AMT Electrosurgery Inc. (AMT) in Canada. Under terms of the agreement, AMT will be the exclusive Canadian 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.

AMT conducts business with more than 400 hospitals in the Canadian market, with focused efforts in the operating room, minimally invasive surgery, laparoscopic surgery, vessel sealing, hydro dissection and operating room disposables. AMT continually seeks innovations that will drive growth and make them the first choice as the Canadian supplier of surgical systems.

"We are proud to partner with AMT to launch the Symmetry Surgical portfolio into the Canadian market," said Chris Huntington, Chief Operating Officer of Symmetry Surgical. "AMT is known for their strength in the surgical marketplace and we are excited about the opportunity to grow our existing business in Canada. Introducing our recently expanded product line gives clinicians and facilities a new option of proven, industry-leading brands to meet their needs and improve the lives of their patients."

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. 

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