MicroPort Scientific Corp Announces Completion Of Acquisition Of 100% Equity Interest In An Orthopedics Company In Suzhou

MicroPort Scientific Corp announced that reference is made to the announcement of the Company dated September 9, 2011, in relation to the proposed transaction involving the acquisition of 100% equity interest in Suzhou Best (Announcement). The Board announced that the Acquisition was completed on November 29, 2011. Upon the Completion, Suzhou Best has become an indirectly wholly-owned subsidiary of the Company as the Company indirectly holds 100% of the entire issued share capital of Suzhou Best. As a result, financial results of Suzhou Best will be consolidated into the financial statements of the Group.