Return to Supplier News

Precimed Inc. 
102, Pickering Way, 19341 Exton / PA USA
www.precimed.com

PRESS RELEASE

Precimed Inc. Announces New Staff Hires

Exton, PA USA, 27th April 2006, 08:30am (ET) – Precimed Inc., a leading technology-driven supplier to the orthopaedic industry, announced the addition of key personnel in order to provide additional support to customers. Jerry Block, EVP, Sales and Business Development, Jim Depp, NE Territory Project Manager and
Stacey Christensen, Southern Territory Project Manager join Jeffrey Stello, Global CFO and Fabrice Chenaux, Engineering Manager as the newest employees of Precimed during its strategic growth and investment initiative.

Precimed - leading innovator in orthopaedics
Precimed is a growing Swiss medtech company focusing on the design and development of innovative instruments for the orthopaedic implant market. The company has its global headquarters in Orvin, Switzerland, North American headquarters in Exton, PA near Philadelphia as well as subsidiaries in the United Kingdom, Japan and Asia. Manufacturing facilities are located throughout Switzerland and in the US, and its leading products, including instrumentation for hip and knee replacement, trauma and spine are sold worldwide to more than 260 orthopaedic OEM customers. Precimed is well-known in the industry for its outstanding quality and innovative products in strong, growing market segments such as minimally-invasive surgery, resurfacing, computer aided surgery, RFID tracking and disposable instruments. The company today has more than 45 patents/patents pending and invests approximately 6% of sales for research & development.

Strategic Sales Initiative
"The recent capital investment of CHF 34 million has enabled Precimed to develop and launch several global strategic initiatives. The expansion of the Precimed , Inc. sales force will enable the company to provide more hands-on, local sales support to our customers and facilitate that critical communication dimension that is vital to our industry in providing  state-of-the-art and leading edge innovation and technology, hallmarks of the Precimed brand, " states Patrick  Berdoz, Chairman and CEO of the global Precimed organization.

This press release is available in electronic form at www.precimed.com.