Boston Scientific Corporation SCIMED

One Scimed Place, Maple Grove, MN 55311-1566

(508) 652-2587

(800) 329-7657

www.bsci.com

David Matteson, Industrial Relations

Boston Scientific is the largest medical device company in the world dedicated to minimally-invasive therapy, and employs approximately 13,500 people worldwide. The Company's products include more than 10,000 catalog items in over 50 categories, and are defined as vascular or non-vascular depending on the system and procedure in which a product is intended to be used.

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Boston Scientific's history began in the late 1960s when the Company's co-founder, John Abele, acquired an equity interest in Medi-tech, Inc., a development company. Medi-tech's initial products, a family of steerable catheters, were introduced in 1969. They were used in some of the first less-invasive procedures performed, and versions of these catheters are still being sold today. In 1979, John Abele joined Pete Nicholas to form Boston Scientific Corporation for the purpose of acquiring Medi-tech, Inc. The acquisition began a period of active, focused marketing, new product development, and organizational growth.