Heritage Worldwide Obtains Approval to Market Gel-filled Breast Implants in Australia
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Heritage Worldwide Obtains Approval to Market Gel-filled Breast
Implants in Australia
LA-SEYNE-SUR-MER, France, Oct. 26 /PRNewswire-FirstCall/ -- Heritage
Worldwide, Inc. (OTC Bulletin Board: HWWI), a large worldwide
provider of breast implants, today announced that one if its
subsidiaries, Poly Implant Protheses, SA ("PIP"), has obtained
approval from the Australian Therapeutic Goods Administration ("TGA")
to market gel-filled breast implants in
Australia.
"We are expanding the number of countries in which we market our
products. The entry into the Australian market is significant progress
for us," commented Jean-Claude Mas, chief executive officer of
Heritage Worldwide. "Australia, with more than 20,000,000 people and a
GDP higher than France, provides a healthy platform for our products
and a springboard to enter into other Asia-Pacific countries. We
estimate that approximately 6,000 women in Australia have breast
implant surgery each year. We have worked hard with Medical Vision
Australia Pty. Ltd, our distributor in Australia, to secure the
approval of the TGA."
"We believe that PIP's products, with its asymmetric shapes, aligns
the lateral aspects of the augmented breast in symmetry with the
body's natural curvature and the shape of the chest with the same high
quality standards PIP has developed over the years," said Stan Racic,
director of Medical Vision Australia Pty. Ltd.
About Heritage Worldwide, Inc.
The Company is incorporated in the State of Delaware. The Company and
its subsidiaries develop, manufacture, and market breast and other
body implants and body support products worldwide. The Company
maintains its production facility and headquarters in the Toulon
metropolitan area in Southern France. It also has a distribution
facility in Spain.
About Medical Vision Australia Pty. Ltd.
Medical Vision Australia is headquartered in Evandale, South
Australia, with distribution operations throughout Australia and New
Zealand. The Company provides specialty medical products and expert
product knowledge. The Company is privately-held.
Safe Harbor Statement
All statements included or incorporated by reference in this release,
other than statements or characterizations of historical fact, are
forward-looking statements. These forward-looking statements are based
on our current expectations, estimates and projections about our
industry, management's beliefs and certain assumptions made by us.
Forward-looking statements can often be identified by words such as
"anticipates," "expects," "intends," "plans," "predicts," "believes,"
"seeks," "estimates," "may," "will," "should," "would," "could,"
"potential," "continue," similar expressions, and variations or
negatives of these words. In addition, any statements that refer to
expectations, projections or other characterizations of future events
or circumstances, including any underlying assumptions, are
forward-looking statements. These statements are made pursuant to the
safe harbor provisions of the Private Securities Litigation Reform Act
of 1995. These forward-looking statements speak only as of the date
hereof and are based upon the information available to us at this
time. Such information is subject to change, and we will not
necessarily inform you of such changes. These statements are not
guarantees of future results and are subject to risks, uncertainties
and assumptions that are difficult to predict. Therefore, our actual
results could differ materially and adversely from those expressed in
any forward-looking statement as a result of various factors.
Important factors that may cause such a difference for Heritage
Worldwide include, but are not limited to, competitive pressures and
other factors such as the introduction or regulatory approval of new
products by our competitors and pricing of competing products and the
resulting effects on sales and pricing of our products, disruptions or
other problems with our sources of supply, significant product
liability or other claims, difficulties with new product development
and market acceptance, patent conflicts, product recalls, United
States Food and Drug Administration (FDA) delay in or approval or
rejection of new or existing products, changes in government
regulation, use of hazardous or environmentally sensitive materials,
our inability to implement new information technology systems, and
other events.
Our Annual Report on Form 10-K and other Securities and Exchange
Commission filings discuss the foregoing risks as well as other
important risk factors that could contribute to such differences or
otherwise affect our business, results of operations and financial
condition. We undertake no obligation to revise or update publicly any
forward-looking statement for any reason.
SOURCE Heritage Worldwide, Inc.
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