WARSAW, Ind., Nov 07, 2005 /PRNewswire-FirstCall via COMTEX News Network/ -- Zimmer Holdings, Inc. (NYSE: ZMH; SWX: ZMH), a worldwide leader in the orthopaedics industry, announced today that its Zimmer Dental division has formed an educational partnership with the American Dental Education Association (ADEA) to strengthen undergraduate and advanced dental education, including the teaching of implant dentistry.
"This is another expression of Zimmer's overall commitment to partner with the health care professions we serve to provide support for professional education," said Ray Elliott, Zimmer Holdings Chairman, President and CEO. "Zimmer Dental has an outstanding record of supporting education. We are pleased to commit $500,000 to this partnership with ADEA over a six-year period. In addition to support for several education programs, the partnership will involve the creation of the Zimmer Dental/ADEA Implant Education Teaching Award. This distinguished award, to be given biannually, will recognize educators and schools that develop new ideas and programs to advance education in dental implant therapy."
Zimmer Dental will be a major sponsor of ADEA's Advanced Dental Education Summit, which will provide a forum for dental educators to strengthen and expand programs, new technologies, and teaching innovations in advanced dental education programs. Zimmer Dental will also support ADEA with its domestic and international meetings and events in a collaborative effort to advance the knowledge of implant dentistry.
"This very generous commitment from Zimmer Dental will provide significant resources for ADEA as it continues its efforts to ensure the oral health of the public through the support of dental, advanced dental, and allied dental education," said Dr. Richard Valachovi, Executive Director of ADEA.
About Zimmer
Founded in 1927 and headquartered in Warsaw, Indiana, Zimmer is the worldwide #1 pure-play orthopaedic leader in designing, developing, manufacturing and marketing reconstructive, spinal, and dental implants, trauma and related orthopaedic surgical products. Zimmer has operations in more than 24 countries around the world and sells products in more than 100 countries. Zimmer's 2004 sales were approximately $3 billion. The Company is supported by the efforts of more than 6,500 employees worldwide.
Zimmer Dental is a California-based operation. The company, which started in 1981, offers one of the most comprehensive dental implant product lines available. Zimmer Dental is a market leader in the development of world-class implantology products, practice-building strategies and educational programs focused on empowering clinicians and improving patients' lives. Visit Zimmer Dental on the worldwide web at http://www.zimmerdental.com or call 1 (800) 854-7019, or, for outside the U.S., 1 (760) 929-4300, for more information.
About the American Dental Education Association
The American Dental Education Association (ADEA) is the leading national organization for dental education. Its members include all U.S. and Canadian dental schools, and advanced dental education programs, allied dental education programs, corporations, faculty, and students. The mission of ADEA is to lead individuals and institutions of the dental education community to address contemporary issues influencing education, research, and the delivery of oral health care for the health of the public. ADEA's activities encompass a wide range of research, advocacy, faculty development, meetings, and communications, as well as dental school and advanced dental education admissions services and the Journal of Dental Education. Visit the ADEA web site at http://www.adea.org for more information.
Visit Zimmer on the worldwide web at http://www.zimmer.com
Zimmer Safe Harbor Statement
This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 based on current expectations, estimates, forecasts and projections about the orthopaedics industry, management's beliefs and assumptions made by management. The forward-looking statements include statements identified by the use of forward-looking terms such as "may," "will," "expects," "believes," "anticipates," "plans," "estimates," "projects," "assumes," "guides," "targets," "forecasts," and "seeks" or the negative of such terms or other variations on such terms or comparable terminology. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that could cause actual outcomes and results to differ materially. These risks and uncertainties include, but are not limited to, our ability to successfully integrate Centerpulse AG and Implex Corp., the outcome of the Department of Justice investigation
announced in March 2005 and the pending informal SEC investigation of Centerpulse accounting, price and product competition, rapid technological development, demographic changes, dependence on new product development, the mix of our products and services, supply and prices of raw materials and products, customer demand for our products and services, control of costs and expenses, our ability to form and implement alliances, international growth, governmental laws and regulations affecting our U.S. and international businesses, including tax obligations and risks, product liability and intellectual property litigation losses, reimbursement levels from third-party payors, general industry and market conditions and growth rates and general domestic and international economic conditions including interest rate and currency exchange rate fluctuations. For a further list and description of such risks and uncertainties, see the disclosure materials filed by Zimmer with the U.S. Securities and Exchange
Commission. Zimmer disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers of this document are cautioned not to place undue reliance on these forward-looking statements, since, while we believe the assumptions on which the forward-looking statements are based are reasonable, there can be no assurance that these forward-looking statements will prove to be accurate. This cautionary statement is applicable to all forward-looking statements contained in this document.
SOURCE Zimmer Holdings, Inc.
Media: Brad Bishop, +1-574-372-4291, [email protected] , Investors: Marc
Ostermann, +1-574-371-8515, [email protected] , or Sam Leno, +1-574-372-4790,
[email protected] , all of Zimmer Holdings, Inc.
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