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Inlet Medical, Inc. Named Frost & Sullivan "Company Of The Year" In Reconstructive Surgery Category



10/19/2005 5:13:03 PM

EDEN PRAIRIE, Minn., March 17 /PRNewswire/ -- Inlet Medical Inc., a privately held medical device company that develops and markets specialty laparoscopic surgical products, was named 2005 Company of the Year in the pelvic reconstructive surgery technologies category by Frost & Sullivan, an international marketing consulting company. The award recognizes Inlet Medical for developing and introducing a variety of innovative, minimally invasive medical procedure kits, which provide laparoscopic approaches to treat female pelvic support problems.

"We are very proud and honored that Frost & Sullivan commends our efforts to provide best-in-class surgical products for the women's health market," said Lee Jones, president and chief executive officer, Inlet Medical. "I would like to personally thank our employees, whose hard work, talent and dedication created our strong product portfolio and the surgeons who recognize how these products can enhance their practice and benefit their patients."

According to Frost & Sullivan, "Inlet Medical's innovative solutions have essentially changed the way in which women and surgeons look at female pelvic support problems. The company vision has always been to develop a straightforward laparoscopic approach that is easy to learn and perform by surgeons."

The award cited the company's ELEVEST(R) kit for the laparoscopic treatment of uterine prolapse; the AVESTA(R) kit, which aids surgeons repairing vaginal vault prolapse in a minimally invasive procedure; and the METRA PS(R) kit, designed to correct a tipped or retroverted uterus using the UPLIFT (uterine positioning by ligament investment fixation and truncation) procedure.

The Company of the Year award takes into account numerous factors, including business development, competitive strategy and leadership within a particular industry. In addition, company rankings were based on market potential; proof of success in marketing, strategy and revenue growth; new market penetration; marketing, promotion, and visibility of the company; degree of strategy innovation; improvement in customer satisfaction level; technological innovation and leadership; and increased name recognition.

In 2003, the ELEVEST procedure kit was recognized by The Society of Laparoendoscopic Surgeons (SLS) as one of the Innovative Products of the Year for the women's health market. In 2004, the SLS presented another Innovative Product of the Year award for Inlet Medical's Carter-Thomason(R) CloseSure System XL(TM), surgical kit used to close laparoscopic incisions in obese patients.

About Inlet Medical Inc.

Inlet Medical Inc., based in Eden Prairie, Minn., is a privately held medical device company that specializes in laparoscopic surgical products. The company develops and markets products to surgeons who perform more than 2 million laparoscopic procedures annually. More information about the company can be found at http://www.inletmedical.com/ . Educational information about the procedures is available at http://www.inletmedical.org/ .

Inlet Medical Inc.

CONTACT: Lee Jones, President and CEO of Inlet Medical Inc.,+1-952-942-5034, lee.jones@inletmedical.com ; or Nancy A. Johnson,+1-612-455-1745, njohnson@psbpr.com , or Laura Spitzack, +1-612-455-1782,lspitzack@psbpr.com , both of Padilla Speer Beardsley Inc.


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