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Wednesday, 06/22/2005 10:31:18 PM

Wednesday, June 22, 2005 10:31:18 PM

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Heritage Worldwide Obtains Approval to Market Pre-Filled Silicone-Gel Breast Implants in Argentina
6/22/05
Second Big Win in Latin America for the Company This Month

LA-SEYNE-SUR-MER, France, June 22, 2005 /PRNewswire-FirstCall via COMTEX/ --

Heritage Worldwide Inc (OTC Bulletin Board: HWWI), a top-three provider of breast implants internationally, today announced that its subsidiary, Poly Implant Protheses, SA, has been awarded approval by the Ministry of Health and Environment of Argentina to market its pre-filled silicone-gel breast implants in Argentina, a sizeable market for breast implants.

"After securing the approval to distribute our products in Brazil earlier this month, we are very happy to announce that we have been awarded approval to market our implants in Argentina as well. Argentina is the fourth largest market in Latin America and we expect to be among the top three suppliers in this country, with at least 15 percent of the market within the next twelve months," commented Heritage Chairman Jean-Claude Mas. "Argentina, with a population of more than 36 million, is a great market for our products. The patients want solutions such as our asymmetric breast implants, which emphasize natural aesthetics and contours, and are a significant improvement over existing products currently available in Argentina. We estimate the annual Argentinian breast implant market to approximate 15,000 pairs."

"We have worked closely for the last two years with our distributor in Argentina, Prostetica, to secure this market approval, and we hope to erode the market share of our worldwide competitors. This allows the Company to be, potentially, the leading provider of breast implants in Latin America. This win also underscores our commitment to our international expansion and diversification," said CEO Alain Serreyjol-Garros.

About Heritage Worldwide Inc

The Company and its subsidiaries develop, manufacture and market breast and other body implants and body support products worldwide. The Company maintains its production facility and headquarters in the Toulon metropolitan area in southern France, and has a distribution facility in Spain. The Company is incorporated in Delaware.

Safe Harbor Statement

This press release includes statements that may constitute "forward- looking" statements, usually containing the words "anticipate", "expects", "intend", "plan", "predicts", "believe", "seek", "estimate", "may", "will", "should", "would", "could", "potential", "continue", or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These forward looking-statements speak only as of the date hereof and are based upon the information available to us at this time. These statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statement as a result of various factors.

Important factors that may cause such a difference for Heritage Worldwide include, but are not limited to, competitive pressures and other factors such as the introduction or regulatory approval of new products by our competitors and pricing of competing products and the resulting effects on sales and pricing of our products, disruptions or other problems with our sources of supply, significant product liability or other claims, difficulties with new product development and market acceptance, patent conflicts, product recalls, United States Food and Drug Administration delay in approval or rejection of new and existing products, changes in governmental regulations, use of hazardous or environmentally sensitive materials, our inability to implement new information technology systems, and other events.

Our Annual Report on Form 10-KSB and other Securities and Exchange Commission filings discuss the foregoing risks as well as other important risk factors that could contribute to such differences or otherwise affect our business, results of operations and financial condition. By making these forward-looking statements, we undertake no obligation to revise or update publicly these statements for revisions or changes after the date of this release.

Contact: Joe Allen (investors) Claude Couty, CFO Allen & Caron Inc Heritage Worldwide Inc 212 691 8087 011 33 49 410 7808 joe@allencaron.com ccouty@pipfrance.fr

SOURCE Heritage Worldwide Inc

investors, Joe Allen of Allen & Caron Inc, +1-212-691-8087, joe@allencaron.com, for Heritage Worldwide Inc; or Claude Couty, CFO of Heritage Worldwide Inc, +011 33 49 410 7808, ccouty@pipfrance.fr http://www.prnewswire.com
Copyright (C) 2005 PR Newswire. All rights reserved.

© 2005 Stockgroup Media Inc. / Disclaimer


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