BUSINESS WIRE
O’FALLON, Mo.--(BUSINESS WIRE)--Synergetics USA, Inc. (NASDAQ: SURG), a medical device company that
designs, manufactures, and markets innovative devices for ophthalmic and
neurosurgical applications, today announced record sales leads generated
from the presentation of recently released ophthalmic products at the
2010 Annual Meeting of the American Academy of Ophthalmology (AAO). The
AAO meeting was held in Chicago’s McCormick Place on October 16-19, 2010.
“We are very pleased with the reception Synergetics received at the AAO
meeting in Chicago based on our record sales leads generated during the
event,” stated Dave Hable, President and CEO of Synergetics USA, Inc.
“We believe our excellent results were due to new products showcased at
the event and to new marketing materials that highlight our range of
innovative products for ophthalmic applications.
“We showcased a series of recently launched new products or product
extensions at the AAO meeting,” continued Mr. Hable. “The Synergetics’
products were previewed at our new and expanded booth at the AAO that
resulted in higher sales leads, expanded contacts and an increase in
traffic from domestic and international customers.
“We had an excellent reception to our new disposable handheld scissors
and forceps that are part of our Pinnacle 360oTM line of
disposable handheld instruments for retinal surgery. The Pinnacle line
has a unique design that features improved maneuverability and
repositioning of the instrument compared with competing devices while
providing surgeons with the advantages provided by disposable
instrumentation.
“We are seeing increased demand for disposable instrumentation. Many
surgeons prefer the assurance of single-use instrumentation where
precision and sharpness are important in microsurgical applications
compared with reusable instrumentation where performance may deteriorate
with multiple uses. In addition, we believe disposable instruments
provide a lower total cost per surgery since they eliminate the expense
in handling, repair and sterilization of reusable instruments.
“The AAO meeting is the largest international gathering in the
industry,” continued Mr. Hable. “It provides us with an opportunity to
meet with ophthalmic surgeons and related ophthalmic professionals. In
addition, we expanded our industry contacts, providing us with
additional marketing and manufacturing opportunities that have the
potential of building our future sales. These include expanded
international sales in new countries for Synergetics, new product ideas
and opportunities to distribute other manufacturers’ products. We
believe our record leads and improved marketing results highlight our
excellent visibility in the marketplace,” concluded Mr. Hable.
About Synergetics USA, Inc.
Synergetics USA, Inc. (“Synergetics USA” or the “Company”) is a leading
supplier of precision microsurgery instrumentation. The Company’s
primary focus is on the microsurgical disciplines of ophthalmology and
neurosurgery. Our distribution channels include a combination of direct
and independent sales organizations and important strategic alliances
with market leaders. The Company’s product lines focus upon precision
engineered, microsurgical, hand-held instruments and the delivery of
various energy modalities for the performance of less invasive
microsurgery including: (i) laser energy, (ii) ultrasonic energy, (iii)
radio frequency for electrosurgery and oblation and (iv) visible light
energy for illumination, and where applicable, simultaneous infusion
(irrigation) of fluids into the operative field. The Company’s website
address is http://www.synergeticsusa.com.
Forward-Looking Statements
Some statements in this release may be “forward-looking statements”
for the purposes of the Private Securities Litigation Reform Act of 1995.
In some cases forward-looking statements can be identified by words
such as “believe,” “expect,” “anticipate,” “plan,” “potential,”
“continue” or similar expressions. Such forward-looking
statements include risks and uncertainties, and there are important
factors that could cause actual results to differ materially from those
expressed or implied by such forward-looking statements. These
factors, risks and uncertainties are discussed in Synergetics’ Annual
Report on Form 10-K for the year ended July 31, 2010, as updated from
time to time in our filings with the Securities and Exchange Commission.