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Orthofix Celebrates Opening of New North American Operations and Education Center

  //health-fitness.news-articles.net/content/2010/ .. th-american-operations-and-education-center.html
  Published in Health and Fitness on Monday, August 9th 2010 at 6:31 GMT by Market Wire
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BOSTON--([ BUSINESS WIRE ])--Orthofix International N.V. (NASDAQ: OFIX) (the Company) announced today that it plans to celebrate the opening of its new North American Operations and Education Center in Lewisville, Texas on Thursday, August 12^th with a ribbon-cutting and building dedication ceremony.

"The opening of our new North American Operations and Education Center is a historic milestone as we mark the 30-year anniversary of our company this year"

The new 144,000 square foot facility, part of the Austin Ranch master-planned community, more than doubles the companya™s former Dallas-area location in McKinney, Texas. With an additional 51,000 square feet of space compared with its prior facility, the new building has allowed Orthofix to consolidate its Spinal Implants Division operations from Wayne, NJ and Springfield, MA while also allowing for the Companya™s future growth. The new Lewisville location will house operations for the Companya™s Global Spinal Implants and Spine Stimulation Divisions as well as its North American Orthopedics Division.

aThe opening of our new North American Operations and Education Center is a historic milestone as we mark the 30-year anniversary of our company this year,a said Alan Milinazzo, President and Chief Executive Officer. aI am excited about the new opportunities this world-class facility provides, including the opportunity to provide our physician customers with an expanded state-of-the-art training facility.Additionally,easy access to the Dallas/Fort Worth airport makes this an ideal destination for surgeon education and training on the latest Orthofix product offerings.a

The Orthofix Institute for Research, Training and Education is an integral component of the new facility. This state-of-the-art center includes a seven-station simulated operating room wet lab, an 18-station dry lab and a 50-seat lecture room, all of which allow surgeons to experience realistic surgical training using Orthofix products.

The new facility also includes an expanded R&D machine shop for the Spinal Implants Division, enhancing the Companya™s ability to manufacture custom devices for its physician customers.The 2,500 square foot shop will house advanced equipment for milling, turning, welding, laser marking and passivating to support the expedited completion of custom instrumentation requests.

Over the last year, more than 100 jobs have been created in the Dallas/Fort Worth area as part of the consolidation of Orthofixa™s operations and other expansion efforts.The Company currently employs more than 370 employees at the Lewisville, Texas location.

Media representatives may contact [ JenniferStockford@orthofix.com ] in connection with this announcement.

About Orthofix

Orthofix International, N.V. is a global medical device company offering a broad line of minimally invasive surgical, and non-surgical, products for the spine, orthopedic, and sports medicine market sectors that address the lifelong bone-and-joint health needs of patients of all agesa"helping them achieve a more active and mobile lifestyle. Orthofixa™s products are widely distributed around the world to orthopedic surgeons and patients via Orthofixa™s sales representatives and its subsidiaries, including BREG, Inc. and via partnerships with other leading orthopedic product companies. In addition, Orthofix collaborates with leading medical institutions such as the Musculoskeletal Transplant Foundation, the Orthopedic Research and Education Foundation, and The University of Medicine and Dentistry of New Jersey. For more information about Orthofix, please visit [ www.orthofix.com ].