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Symmetry Medical Reports Fourth Quarter and Full Year 2008 Financial Results
Date:2/24/2009

nuing improvement at our Sheffield, UK facility, the performance of our New Bedford facility which was well above expectations and the continued development of our Malaysia facility."

Mr. Moore continued, "Looking forward into 2009, we have an optimistic outlook on the many opportunities that our strong market position offers. However, given the current macroeconomic climate, we are managing the business on a conservative basis as we gauge the extent and breadth of the impact on the orthopedic arena."

Financial Guidance

The following forward-looking estimates regarding 2009 earnings guidance are based on current market conditions and foreign currency comparisons. Actual results may differ materially, and we refer you to forward-looking statements located at the end of the press release.

For the full year 2009, the Company expects revenue to be in the range of $405 million to $420 million. On a constant currency basis, we expect a revenue increase of 2%-6% for the full year. The Company currently expects full year 2009 earnings per diluted share in the range of $0.75 to $0.85. With regard to the Company's Sheffield, UK unit, the Company expects to incur smaller net operating losses during the first half 2009 prior to reaching operating profitability in the second half of 2009.

AAOS

Symmetry Medical will be participating in the American Academy of Orthopedic Surgeons (AAOS) 2009 Annual Meeting in Las Vegas, NV, February 25 - March 1, 2009. Symmetry Medical products and technologies will be located at Booth 2659.

Conference Call

Symmetry Medical will host a conference all at 9:00 a.m. ET on February 24, 2009. A live Web cast of the conference call will be available online from the investor relations page of the Company's corporate website at www.symmetrymedical.com. The d
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SOURCE Symmetry Medical Inc.
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