WARSAW, Ind., June 19 /PRNewswire-FirstCall/ -- Zimmer Holdings, Inc. announced today that it will partner with AmeriCares, one of the world's leading non-governmental organizations providing in-kind medical donations, to support emergency response and ongoing medical assistance. Zimmer has initially committed product valued at $1 million to three of AmeriCares' primary programs: Global Medical Assistance, Medical Outreach and Emergency Response. AmeriCares will be responsible for assessing and matching patient needs within their Global Medical Assistance and Emergency Response programs with Zimmer's product lines, as well as screening all international medical volunteer applications referred to their Medical Outreach Program. Zimmer will not be involved in selecting the recipients of the product it donates through AmeriCares.
"We are proud to be partnering with AmeriCares for the purpose of providing the life-enhancing benefits of our products to those affected by disasters, conflict and chronic poverty," said David Dvorak, Zimmer Holdings President and Chief Executive Officer. "We are confident that AmeriCares, with its worldwide reach and longstanding record of success in medical relief work, can help us achieve our philanthropic goals in this area."
Zimmer products such as joint replacements, spinal systems, trauma products, burn care and dental implants are frequently used to address injuries or diseases that result from natural disasters or lack of advanced medical care.
"AmeriCares is pleased to have the opportunity to work with Zimmer. Zimmer's product donations will be a valuable addition to our three primary programs. For over twenty-five years, we have been able to match product donations with the critical medical needs of our partners around the world," said Curt Welling, AmeriCares President and CEO. "Collaborations with companies such as Zimmer enable us to save lives and restore health to people in crisis."
About Zimmer
Founded in 1927 and headquartered in Warsaw, Indiana, Zimmer is a worldwide leader in designing, developing, manufacturing and marketing orthopaedic reconstructive, spinal and trauma devices, dental implants, and related orthopaedic surgical products. Zimmer has operations in more than 25 countries around the world and sells products in more than 100 countries. Zimmer's 2007 sales were approximately $3.9 billion. The Company is supported by the efforts of more than 7,500 employees worldwide.
For more information about Zimmer, visit http://www.zimmer.com/ About AmeriCares
AmeriCares is a private, nonprofit international disaster relief and humanitarian aid organization, which delivers medicines, medical supplies and aid to people in crisis around the world. Since it was established in 1982, AmeriCares has distributed more than $7.5 billion in humanitarian aid to 137 countries. For more information, log onto http://www.americares.org/.
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. Forward-looking statements may be 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. For a list and description of such risks and uncertainties, see our periodic reports filed with the U.S. Securities and Exchange Commission. We disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be set forth in our periodic reports. 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.
