Ivoclar Vivadent Announces Investment in Sirona Dental Systems, Inc.SCHAAN, Germany -- Ivoclar Vivadent AG announced today that it has made an investment in Sirona Dental Systems, Inc., (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : SIRO) one of the world's leading manufacturers of high-technology dental equipment. Sirona's CEREC CEREC Chairside Economical Restoration of Esthetic Ceramics (dentistry) System today is the world's only CAD/CAM CAD/CAM in full computer-aided design/computer-aided manufacturing. Integration of design and manufacturing into a system under direct control of digital computers. system for chairside dentistry, and their inLab technology is a market leader with dental laboratories. Ivoclar Vivadent is the market leader in all ceramic metal free materials for esthetic es·thet·ic adj. Variant of aesthetic. dentistry and is a material partner for Sirona's CEREC System and inLab Technology. "This investment represents our commitment to the growth of CAD/CAM systems and our belief that this technology provides benefits to the dental industry, the dental profession and to the patient", said Robert A. Ganley, Chief Executive Officer of Ivoclar Vivadent AG. "Sirona has been a very valuable partner with Ivoclar Vivadent and we look forward to building the growth of CAD/CAM together in the future." CAD/CAM dentistry represents one of the fastest growing sectors of dentistry with expectations for continued rapid growth. "We have had a long lasting relationship with Ivoclar Vivadent and we are very excited about this investment and our mutual success in the future. This year we are celebrating our 20 year anniversary of CEREC and this investment is further evidence of our established success and growth potential", said Jost Fischer, Chairman, President and Chief Executive Officer of Sirona Dental Systems, Inc. About Ivoclar Vivadent Ivoclar Vivadent is a leading international dental manufacturer of quality, innovative materials and equipment. Ivoclar Vivadent offers a full range of products for preventive, restorative and prosthetic pros·thet·ic adj. 1. Serving as or relating to a prosthesis. 2. Of or relating to prosthetics. prosthetic serving as a substitute; pertaining to prostheses or to prosthetics. dentistry in more than 120 countries. Throughout its history, Ivoclar Vivadent has been a Company committed to the success of the dentist, the success of the dental technician dental technician n. A person who makes dental appliances and restorative devices, such as bridges or dentures, to the specifications of a dentist. and the satisfaction of the patient by providing innovative products, technical support and world class customer service. For more information visit the Ivoclar Vivadent website at www.ivoclarvivadent.com About Sirona Dental Systems Recognized as one of the world's leading manufacturers of high quality dental equipment and technologies, Sirona (formerly Siemens Dental) has served equipment dealers and dentists worldwide for more than 125 years. Sirona develops, manufactures, and markets a complete line of dental products, including CAD/CAM restoration equipment (CEREC, inLab), digital and film-based intra-oral, panoramic and cephalometric X-ray imaging systems, dental treatment centers and handpieces. On June 20, 2006, Sirona completed its merger with Schick Technologies, which designs, develops, and manufactures innovative digital radiographic radiographic (rā´dēōgraf´ik), adj relating to the process of radiography, the finished product, or its use. imaging systems and devices for the dental and medical markets, based on proprietary digital imaging technologies. Sirona is committed to creating and supporting the most advanced dental technologies in the marketplace. Sirona's worldwide headquarters are located in Bensheim, Germany, with U.S. headquarters in Long Island City, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . Since 21 June, 2006 Sirona Dental Systems, Inc. is listed on the Nasdaq National Market under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors "SIRO". Visit www.sirona.com for more information about Sirona and its products. |
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