Healthcare Industry News: Welch Allyn
News Release - January 3, 2007
Integra LifeSciences' Miltex Business Acquires DenLite Product Line from Welch AllynPLAINSBORO, N.J., Jan. 3, 2007 (Healthcare Sales & Marketing Network) -- Integra LifeSciences Holdings Corporation (NASDAQ:IART ) announced today that its Miltex Dental business has acquired the assets of the DenLite illuminated mirror product from Welch Allyn, Inc.
The DenLite mirror is designed to give dental professionals a shadow-free view of the mouth during routine dental exams. It provides them with bright white light, which eliminates the need for constant adjustment of cumbersome overhead lights during everyday procedures. The DenLite system is the only cordless, illuminated dental instrument that can be used as a mirror while also being strong enough to be used as a retractor during an examination.
``The DenLite system is an excellent addition to our already extensive line of dental mouth mirrors,'' said Bob Perrett, President and CEO of Miltex, Inc. ``DenLite will fit nicely with our Miltex(R), Union Broach(R), and Indian Head(R) brand mirrors and further broadens our mirror offering to meet the needs that a dental professional may have with respect to mirror quality, price and functionality.''
In May 2006, the DenLite Illuminated Mirror System, designed by Welch Allyn, won the prestigious Medical Design Excellence Award, the only awards program that exclusively recognizes contributions and advancements in the design of medical products.
Miltex Inc., based in York, PA, is a wholly-owned subsidiary of Integra LifeSciences Holdings Corporation. Miltex is a leading provider of surgical and dental hand instruments to alternate site facilities, which include physician, dental and veterinarian offices and ambulatory surgery care centers.
Integra LifeSciences Holdings Corporation is a diversified medical technology company that develops, manufactures, and markets medical devices for use in a variety of applications. The primary applications for our products are neurosurgery, reconstructive surgery and general surgery. Integra is a leader in applying the principles of biotechnology to medical devices that improve patients' quality of life. Our corporate headquarters are in Plainsboro, New Jersey, and we have manufacturing and research facilities located throughout the world. Please visit our website at (http://www.Integra-LS.com).
Welch Allyn, Inc. was founded in 1915 and is today a leading manufacturer of innovative medical diagnostic and therapeutic devices, cardiac defibrillators, patient monitoring systems, and miniature precision lamps. Headquartered in Skaneateles Falls, New York, USA, Welch Allyn employs more than 2,300 people and has numerous manufacturing, sales, and distribution facilities located throughout the world. Additional information on Welch Allyn and its products may be found at http://www.welchallyn.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 future use of the DenLite illuminated mirror product in dental procedures. 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 dental professionals to use the DenLite product may affect the prospects for its use in dental procedures. In addition, the economic, competitive, governmental, technological and other factors identified under the heading ``Factors That May Affect Our Future Performance'' included in the Business section of Integra's Annual Report on Form 10-K for the year ended December 31, 2005 and information contained in subsequent filings with the Securities and Exchange Commission could affect actual results.
Source: Integra LifeSciences
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