A. Malachi Mixon, III, Chairman and Chief Executive Officer at Invacare Corporation, Honored with Harvard Business School Alumni Achievement Award.

BOSTON -- At a special ceremony today before some 900 MBA students, faculty, and staff, A. Malachi Mixon, III, chairman and chief executive officer at Invacare Corporation, was honored with the Harvard Business School (HBS) Alumni Achievement Award. This award, presented to five HBS graduates, is the School's highest honor. It is presented to Harvard Business School Alumni whose lives and careers epitomize the School's mission to "educate leaders who make a difference in the world."

The presentation of the Alumni Achievement Awards has been an annual HBS tradition since 1968. "These awards recognize an extraordinary group of graduates who embody the highest standards of accomplishment and integrity," said HBS Dean Jay Light in his introductory remarks at the ceremony. "The recipients have all contributed immeasurably to their profession, their industry, and their community. They personify what this School stands for. They inspire all those who aspire to have an impact on both business and society."

In 1979, Mixon parlayed $10,000 of his own money to engineer the purchase of an Ohio-based wheelchair maker. Today, Invacare is the world's leading manufacturer and distributor of medical products used in the home. Guided by his leadership, the company puts a premium on new product development and innovation, while providing help and hope to people of all ages with disabilities.

Mixon also has shown strong leadership in a wide variety of other activities. He chairs the boards of two institutions with worldwide reputations - the Cleveland Clinic Foundation and the Cleveland Institute of Music. And to help Cleveland's minority businesses, he created a $25 million investment fund called Minorities with Vision.

Others honored with the 2007 HBS Alumni Achievement Award include Donna L. Dubinsky, Sir Martin S. Sorrell, Hansjorg Wyss and Jaime Augusto Zobel de Ayala.

About Harvard Business School

Founded in 1908 as part of Harvard University, Harvard Business School (www.hbs.edu) is located on a 40-acre campus in Boston. Its faculty of more than 200 offers full-time programs leading to the MBA and doctoral degrees, as well as more than 40 Executive Education programs. For almost a century, HBS faculty have drawn on their research, their experience in working with organizations worldwide, and their passion for teaching to educate leaders who have shaped the practice of business around the globe.

About Invacare Corporation

Invacare Corporation (NYSE:IVC), headquartered in Elyria, Ohio, is the global leader in the manufacture and distribution of innovative home and long-term care medical products that promote recovery and active lifestyles. The company has 5,700 associates and markets its products in 80 countries around the world. For more information about the company and its products, visit Invacare's website at www.invacare.com.