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MicroVention, Inc. To Establish Worldwide Headquarters In Aliso Viejo, California

MicroVention, Inc., a subsidiary of one of the world's leading medical device manufacturers, Japan-based Terumo Corporation, will build its new 205,000 square-foot worldwide headquarters at the Summit Office Campus in Aliso Viejo, California.

Construction on the four-story, 205,000-square-foot office complex is set to begin in June 2015, with occupancy scheduled for the first half of 2017. The new building will house more than 800 employees on the 5.13 acre site, which also includes an 822-stall parking structure.

MicroVention is focused on the development of catheter-based minimally-invasive neuroendovascular devices and technologies to treat cerebral aneurysms and other neurovascular diseases.

According to company officials, this new facility will consolidate MicroVention operations into one building and is expected to support the growth and expansion of products offered under the MicroVention and Terumo brands for the foreseeable future. The new worldwide headquarters building will house the Company's corporate finance and administrative functions, global marketing and sales activities, research and development center and manufacturing, which includes expansive clean room facilities.

"We are very excited about the initiation and development of this new "Innovation Center" for MicroVention and to be commemorating the start of its construction with a special groundbreaking ceremony," said Richard Cappetta, President/CEOof MicroVention, Inc. "Participating in our ground breaking ceremony will be many of our local Company partners from Aliso Viejo, and Mr. Yutaro Shintaku, President and Representative Director for Terumo Corporation located in Tokyo."


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