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Micrus Corporation Announces Distribution Agreements with Getz Bros. & Co. for Japan and Asia Pacific

California, USA - 11 June 2002 (PRN): Micrus Corporation of Mountain View, CA Monday announced that Getz Bros. & Co., Inc. ('Getz') and Getz Bros. Co., Ltd. ('Getz Japan'), Getz's Japanese subsidiary, have entered into long-term agreements for the marketing and distribution of Micrus' proprietary embolic ACT MicroCoil System in Asia Pacific and Japan, respectively. Getz Japan has also agreed to make an equity investment in Micrus.

Getz Japan and Getz have started the regulatory and clinical approval process in Japan and other key Asian Pacific countries to obtain market clearance and reimbursement of all current and future Micrus products. Other terms of the agreements were not disclosed.

All partners are excited about the agreements, which offer the parties the ability to introduce innovative and proprietary products to the Japanese Asia Pacific neuro endovascular markets. "We believe Getz Japan and Getz are strong and strategic distribution partners with extensive marketing and clinical experience to successfully introduce Micrus to Japan and Asia Pacific", said Michel Mounier, President and CEO of Micrus Corp. According to Ray Simkins, President of Getz's medical division: "Including the Micrus product line is important to Getz's unique position in neurological medicine and will be the foundation for our entry into the Japanese and Asia Pacific endovascular neurological markets".

About Micrus Corp.

Micrus Corporation is a closely-held, private medical device company, which develops, manufactures and markets highly differentiated, proprietary devices and delivery systems for neuro endovascular applications. Micrus Corporation's advanced line of microcoils for the treatment of cerebral aneurysms has benefited thousands of patients in the United States, in Europe and in most countries of the world. Micrus Corporation serves the Americas and the Asia-Pacific region out of Mountain View, California and Europe, the Middle East and Africa out of Yverdon, Switzerland.

About Getz Bros. & Co., Inc

Getz is a leading international marketing, distribution and services company, focused on providing a wide range of medical devices, medical equipment, and branded pharmaceutical products in over 20 countries in Asia Pacific. Getz, a member of The Marmon Group of companies, is headquartered in Chicago, Illinois and has over 2,000 employees worldwide.

About Getz Bros. Co., Ltd.

Getz Japan is a leading marketing, distribution and services company, focused on providing a wide range of medical devices in Japan. Getz Japan, a publicly traded company in Japan, as well as a member of The Marmon Group of companies, is headquartered in Tokyo, Japan and has over 350 employees nationwide.

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