Symphonix Devices, Inc. Receives Top Prize at Politzer Society Meeting

Premier International Otologic Surgery Group Awards First Prize for Symphonix' Scientific Paper, Dedicates Symposium to the Vibrant® Soundbridge™

COURCHEVEL, France -- The Politzer Society, a global consortium of leading otologic surgeons, has awarded top honors to Symphonix® Devices, Inc. (NASDAQ: SMPX) at its 23rd Annual Meeting, selecting the company's clinical paper for a first prize award and offering a dedicated symposium on the company's Vibrant Soundbridge implantable middle ear hearing device (IMEHD).

"Symphonix is honored to be called out with such distinction by the Politzer Society, the veritable 'who's who' of the international otologic surgery community," said Kirk Davis, president and chief executive officer, Symphonix Devices, Inc. "We're pleased to have created excitement among this prestigious group. Its high-profile support offers yet another validation from the medical community that the Vibrant Soundbridge is a viable, long-term solution for those with moderate to severe sensorineural hearing loss."

Presented at the meeting, Symphonix' award-winning paper, "Reverse Transfer Function (RTF) Measurement to Determine the Performance of the Active Middle Ear Implant Transducer," describes a practical and simple measurement tool to optimize the placement and performance of the Vibrant Soundbridge. This paper was selected to receive the Politzer Society's top honors from among six finalist papers.

As part of its four-day scientific program, the Politzer Society's dedicated symposium on the Vibrant Soundbridge addressed key clinical findings supporting the safety and efficacy of the Vibrant Soundbridge as well as data documenting the benefit of the device in bilateral implantation (implantation in both ears).

About Symphonix
Founded in 1994, Symphonix Devices, Inc. is a hearing technology company dedicated to developing a family of products to improve communication ability and quality of life for the millions of hearing-impaired people limited by current hearing solutions.

Symphonix' Vibrant® Soundbridge™ is a surgical implant designed to work with the natural structures of the middle ear to enhance hearing and communication ability for people with hearing impairment. The device can be implanted during a short, outpatient surgical procedure. More information about Symphonix can be found at www.symphonix.com or by calling (800) 833-7733.

Further information on potential factors that could affect the Company's financial results is included in the Company's Form 10-K for the 2000 fiscal year and Form 10-Q for the quarter ended September 30, 2001 filed with the Securities and Exchange Commission.

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Symphonix and Vibrant are registered trademarks of Symphonix Devices, Inc. Soundbridge is a trademark of Symphonix Devices, Inc.