CLARENCE, N.Y., June 4, 2002 (PRIMEZONE) -- Wilson Greatbatch Technologies, Inc. ("WGT") (NYSE:GB), a leading developer and manufacturer of power sources and other critical components used in implantable medical devices and other technically demanding applications, today announced the completion of its major research and development facilities expansion at its Clarence, New York location.
In announcing the completion of the expansion, Edward F. Voboril, Chairman of the Board, President and CEO stated: "The completion of the expansion of our research and development facilities, on time and on budget, will allow Wilson Greatbatch Technologies to maintain our technological leadership as a market leader in batteries and other components for the implantable medical device industry. This new 12,300 square foot research and development center includes dry (humidity-controlled) labs, ambient atmosphere labs, materials research areas, and supporting capabilities. This expansion will permit us to continue attracting and retaining the outstanding scientists and engineers."
Voboril further commented: "Wilson Greatbatch Technologies has been committed to the Western New York area for over 30 years, having created a strong and growing workforce while investing millions of dollars into the local economy. We currently have five facilities in Western New York and the capital improvements, renovations and new machinery and equipment anticipated in this $4.5 million investment in Western New York evidences our continuing commitment. Our research and development expansion will further benefit our area by ensuring that we remain a technology leader in the implantable medical device industry. In successfully completing this project, we wish to acknowledge the strong support we received from Empire State Development, Erie County Industrial Development Agency, Town of Clarence Industrial Development Agency and the New York State Energy Research and Development Authority."
Wilson Greatbatch Technologies, Inc., with operations in New York, Maryland, Massachusetts and Nevada, is a leading developer and manufacturer of power sources and components used in pacemakers and other implantable medical devices and specialty batteries for non-medical applications. Additional information about Wilson Greatbatch Technologies, Inc. is available at http://www.greatbatch.com.