Zimmer's Offer to Acquire ORTHOsoft is Successful


Offer Is Extended Until October 26, 2007

WARSAW, Ind. and MONTREAL, Oct. 16 / -- Zimmer Holdings, Inc. ("Zimmer") ,a leader in the orthopaedics industry, and its indirect wholly-owned subsidiary ZMH Acquisition Co. ("Offeror"), announced today that the bid to acquire ORTHOsoft Inc. ("ORTHOsoft") (TSX-Venture: OSH), a leader in computer navigation for orthopaedic surgery, has been successful. Zimmer expects to close the transaction by early November.

A total of 41,509,214 common shares ("Shares") of ORTHOsoft were deposited by shareholders of ORTHOsoft at or prior to 6:00 p.m. (Eastern Time) on October 15, 2007, being the expiry time of the offer made by the Offeror on September 7, 2007 to acquire all of the issued and outstanding Shares, including Shares issuable pursuant to the exercise of ORTHOsoft options. This represents, with Shares held by Zimmer or its affiliates, approximately 91.31% of the 52,392,755 outstanding Shares.

In view of these results, all of the conditions mentioned in the Offer have been met. The Offeror notified Computershare Investor Services Inc., the depositary for the Offer, that the Offeror had decided to take-up all the Shares validly deposited and not withdrawn under the Offer at or prior to 6:00 p.m. (Eastern Time) on October 15, 2007, made appropriate arrangements for the prompt payment of such Shares, and extended the Offer for acceptance until 8:00 a.m. (Eastern Time) on October 26, 2007.

Except for the above extension, the terms and conditions set forth in the Offer continue to apply in all respects. The Offeror will mail a Notice of Extension to all shareholders of ORTHOsoft whose Shares were not deposited under the Offer. Those shareholders are invited to deposit their Shares under the Offer by no later than 8:00 a.m. (Eastern Time) on October 26, 2007.

The Shareholders of ORTHOsoft are advised to read the Notice of Extension, the Offer to Purchase and Circular and all related documents which have been filed with Canadian securities commissions as they contain important information. Shareholders may obtain a copy of the material (when available) at the SEDAR web site at www.sedar.com.

Zimmer said it intends to maintain ORTHOsoft's current operations in Montreal and will integrate the company with Zimmer's Computer Assisted Solutions (CAS) organization. ORTHOsoft currently has 81 employees, most of whom are engaged in sales and product development.

About Zimmer

Founded in 1927 and headquartered in Warsaw, Indiana, Zimmer is the worldwide #1 pure-play orthopaedic leader in designing, developing, manufacturing and marketing reconstructive and spinal implants, trauma and related orthopaedic surgical products. Zimmer has operations in more than 24 countries around the world and sells products in more than 100 countries. Zimmer's 2006 sales were approximately $3.5 billion. The Company is supported by the efforts of more than 7,000 employees worldwide.

Source: Zimmer Holdings, Inc.

Web site: http://www.zimmer.com/

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