Exactech Announces Full Market Release of the Equinoxe® Shoulder Fracture Plate
GAINESVILLE, Fla. – April 28, 2011 -- Exactech, Inc. (Nasdaq: EXAC), a developer and
producer of bone and joint restoration products for hip, knee, shoulder, spine
and biologic materials, announced today that it is fully launching the Equinoxe® Fx Plate, the latest addition to Exactech’s
fast-growing Equinoxe® Platform Shoulder System.
Kenneth Egol, MD,
professor and vice chair at NYU Hospital for Joint Diseases in New York City and
chief of the division of Orthopaedic Trauma said that surgeons are reporting
excellent early results through the use of this innovative new plate design.
“The design team of surgeons and Exactech engineers worked diligently to
identify clinical shortcomings common to complex shoulder fractures. We then
collaborated to design an implant that addresses those clinical challenges.
We’re excited about the fracture plate’s potential to reduce humeral head
collapse following a traumatic injury to the shoulder. It also allows surgeons
to deploy bone void filler after the plate is seated, which we have shown to
minimize head collapse and thus improve outcomes in clinical practice.”
The fracture plate offers surgeons multiple screw/blade configurations
and robust instrumentation to treat a broad spectrum of proximal humerus
fractures with a wide array of surgical technique preferences. The contoured
design allows suture placement after the plate is secured.
“From a
strategic perspective, offering surgeons the ability to call one sales
representative to provide the full array of solutions for a clinical challenge
is differentiating and adds meaningful value,” said Darin Johnson, Exactech’s
marketing director, extremities. “In the case of proximal humerus fractures,
surgeons must sometimes decide intra-operatively whether to repair it with a
plate and screws, or reconstruct with a hemi-arthroplasty or a reverse
shoulder. The Equinoxe shoulder system now has great solutions for each of
the options, and we offer that to the surgeon with one phone call to one sales
representative.”
Gary Miller, PhD, Exactech’s executive vice president
of research and development said, “We expect that innovative new products like
this will continue to fuel the momentum that has enabled Equinoxe to become the
fastest growing shoulder system in the U.S. We are gratified by the excellent
outcomes and the response from our surgeon customers.”
About
Exactech
Based in Gainesville, Fla., Exactech develops and markets
orthopaedic implant devices, related surgical instruments and biologic materials
and services to hospitals and physicians. The company manufactures many of its
orthopaedic devices at its Gainesville facility. Exactech’s orthopaedic products
are used in the restoration of bones and joints that have deteriorated as a
result of injury or diseases such as arthritis. Exactech markets its products in
the United States, in addition to more than 30 markets in Europe, Latin America,
Asia and the Pacific. Additional information about Exactech, Inc. can be found
at http://www.exac.com/. Copies
of Exactech’s press releases, SEC filings, current price quotes and other
valuable information for investors may be found at http://www.exac.com and http://www.hawkassociates.com.
An investment profile on Exactech may be found at http://www.hawkassociates.com/profile/exac.cfm.
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This release contains various forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934, which represent the company’s expectations or
beliefs concerning future events of the company’s financial performance. These
forward-looking statements are further qualified by important factors that could
cause actual results to differ materially from those in the forward-looking
statements. These factors include the effect of competitive pricing, the
company’s dependence on the ability of third party manufacturers to produce
components on a basis which is cost-effective to the company, market acceptance
of the company’s products and the effects of government regulation. Results
actually achieved may differ materially from expected results included in these
statements.
Investor contacts
Jody Phillips
Chief Financial
Officer
352-377-1140
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Julie
Marshall or Frank Hawkins
Hawk Associates
305-451-1888
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E-mail: exactech@hawkassociates.com

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