Accellent, the largest provider of integrated contract manufacturing and design
services to the medical device industry, recently announced that at a special
meeting of its stockholders held in Denver, Colorado, the stockholders of Accellent
approved the merger of an affiliate of Kohlberg Kravis Roberts & Co. L.P.
with and into Accellent. The closing of the transaction is expected to be completed
before the end of 2005, and is subject to customary closing conditions, including
the obtaining of certain regulatory approvals.