Empresas y finanzas

Mentor Enters into Definitive Acquisition Agreement with Shareholders of Perouse Plastie



    Mentor Corporation (NYSE:MNT) announced today that it has entered
    into a definitive agreement to acquire all of the outstanding shares
    of Perouse Plastie SAS (Perouse), a medical device company based in
    Bornel, France. The transaction is subject to customary closing
    conditions and is expected to be completed in July.

    Perouse is a rapidly growing manufacturer and distributor of
    silicone gel breast implants for a number of established and emerging
    international markets, and sells its products under the Perouse
    Plastie Perthese(R) brand. Perouse's primary manufacturing facility is
    located in France.

    "This acquisition will increase our leadership in several
    international markets and represents our commitment to expanding our
    market presence in the surgical aesthetics field," said Joshua H.
    Levine, President and Chief Executive Office of Mentor. "The Perouse
    product offering is complementary with Mentor's aesthetic products and
    the combination will allow us to better serve physicians and their
    patients."

    Under the terms of the agreement, Mentor will acquire all of the
    shares of Perouse for a total enterprise value of 42 million Euros,
    including the assumption of approximately 3 million Euros in net debt.
    The purchase price is subject to customary post-closing adjustments
    and indemnifications. Mentor will update its financial guidance for
    fiscal year 2008 and provide an estimate of costs that may be excluded
    from adjusted earnings per share at the time of Mentor's first quarter
    2008 earnings release. At this time, Mentor does not believe that the
    Perouse acquisition will have a materially accretive or dilutive
    effect on adjusted earnings per share for fiscal year 2008.

    "We are very pleased with this acquisition as Perouse has
    manufacturing capabilities which will expand our capacity and ability
    to meet growing customer demand for silicone gel breast implant
    products worldwide," said Ed Northup, Vice President and Chief
    Operating Officer of Mentor. "Perouse's focus on product quality and
    customer service makes this a very complementary fit with our breast
    implant business."

    About Mentor Corporation

    Founded in 1969, Mentor Corporation is a leading supplier of
    medical products for the global aesthetic market. The Company
    develops, manufactures and markets innovative, science-based products
    for surgical and non-surgical medical procedures that allow patients
    to retain a more youthful appearance and improve personal well-being.
    The Company's website is www.mentorcorp.com.

    Safe Harbor Statement

    This press release contains "forward-looking statements,"
    including statements regarding the acquisition of Perouse by Mentor,
    Perouse's silicone gel breast implant product offerings, Perouse's
    manufacturing capacity, an update of financial guidance and an
    estimate of costs that may be excluded from adjusted earnings per
    share for fiscal year 2008, and the effect of the Perouse acquisition
    on Mentor's adjusted earnings per share for fiscal year 2008. 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. Any statements that refer to
    expectations, projections or other characterizations of future events
    or circumstances, including any underlying assumptions, are
    forward-looking statements. 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.

    Relevant risks and uncertainties include those referenced in
    Mentor's filings with the U.S. Securities and Exchange Commission,
    including, without limitation, its Annual Report on Form 10-K, its
    Quarterly Reports on Form 10-Q, and recent Current Reports on Form
    8-K. These filings discuss important risk factors that could
    contribute to differences in or otherwise affect its business, results
    of operations and financial condition. Risks and uncertainties
    relating to the Perouse acquisition include that the businesses of
    Mentor and Perouse will not be integrated successfully; anticipated
    synergies may not be fully realized or may take longer to be realized
    than expected; and possible disruption of the Perouse business,
    including with customers, employees, suppliers or third parties. These
    risks and uncertainties could cause actual results to differ
    materially and adversely from those expressed in or implied by the
    forward-looking statements, and should be carefully reviewed and
    considered. Mentor undertakes no obligation to revise or update
    publicly any forward-looking statement for any reason.