SORIN GROUP: NOTIFICATION OF PROCEEDINGS FILED BY SNIA S.P.A.
Milan, January 26, 2012 – Sorin hereby informs of the receipt of a notice of claim filed with the Milan Civil Court. The first hearing is scheduled on June 15, 2012.
The claim, filed by SNIA S.p.A., in extraordinary administration (“amministrazione straordinaria”) seeks to establish a potential joint liability between Sorin S.p.A. and SNIA S.p.A. for any debts arising from and/or otherwise relating to possible environmental clean up obligations related to the chemical activities of SNIA S.p.A. and certain SNIA subsidiaries prior to the demerger of January 2, 2004.
Sorin has examined the proceedings received, believes the claim to be without merit and will strongly contest the claim in all available manners and forum.
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About Sorin Group
Sorin Group (www.sorin.com) is a global medical device company and a leader in the treatment of cardiovascular diseases. The Company develops, manufactures, and markets medical technologies for cardiac surgery and for the treatment of cardiac rhythm disorders. With 3,700 employees worldwide, Sorin Group focuses on three major therapeutic areas that include: cardiopulmonary bypass (extracorporeal circulation and autotransfusion systems), cardiac rhythm management and heart valve repair and replacement. Every year, over one million patients are treated with Sorin Group devices in more than 80 countries.
For more information, please visit: www.sorin.com, or contact:
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Martine Konorski Director, Corporate Communications Tel: +33 (0)1 46 01 33 78 Mobile: +33 (0)6 76 12 67 73 e-mail: martine.konorski@sorin.com |
Francesca Rambaudi Director, Investor Relations Tel: +39 02 69969716 e-mail: investor.relations@sorin.com |