June 10, 2009 (FinancialWire) — HealthTronics, Inc. (NASDAQ: HTRN) and Endocare, Inc. (NASDAQ: ENDO) announced they have entered into a definitive merger agreement that has been unanimously approved by the boards of directors of each company.

Prior to entering into the merger agreement with HealthTronics, Endocare terminated its merger agreement with Galil Medical Ltd. and the related private placement of its common stock on the basis that not all of the closing conditions to the merger are capable of being fulfilled.

Under the terms of the new merger agreement, HealthTronics has agreed to acquire all of the outstanding shares of Endocare common stock pursuant to an exchange offer in which Endocare stockholders can elect to receive for each Endocare share $1.35 per share in cash, provided that the cash consideration does not exceed 50% of the total consideration, or 0.7764 shares of HeathTronics’ stock, provided that the stock consideration does not exceed 75% of the total consideration.

HealthTronics is a premier urology company providing an exclusive suite of healthcare services and technology including urologist partnership opportunities, surgical and capital equipment, maintenance services offerings, and anatomical pathology

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