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Paul Sendro, with more than 18 years experience in Orthopedics, assumedhis new position in October of 2007 and has since been assembling his team ofhighly experienced professionals to lead the company into a new era of growthand innovation.
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With the new leadership team, including Alex Hart, Chief FinancialOfficer; John Moccio, Controller; Diane Venitelli, Vice President, Marketing;Brian Dukate, Vice President, Sales; Derek Holland, Vice President,Professional Relations; Mike Kolisek, Vice President, Business Development;Dina Weissman, Vice President, Legal, and Dave Lamb, Director of Operations;as well as the talent of Bruce Khalili, Chief Technology Officer, the companyis reaching milestones not yet seen in the business.
As part of its plan to bring talented members to the Vertebron(R) team,the shareholders approved the appointment of the newest member of the Board ofDirectors, Chad Hellmann. Chad is the Chief Financial Officer and a Partner atCat Trail Capital, a boutique merchant bank that concentrates on small tomiddle-market companies in the media, technology and biotech sectors. The firmspecializes in assisting companies better monetize their assets throughstrategic capital raises, product licensing, and/or developing achievable exitstrategies. "I look forward to working with Bruce, Paul and the rest of theVertebron team in identifying and capitalizing on the numerous strategicalternatives available to a company of this caliber."
Despite unfavorable market conditions, Vertebron continues to double salesfrom the previous year. A new fortified sales team has enabled the company togrow its distribution network and increase its customer base fourfold. Newoperational structure has increased sales efficiency and improved marketacceptance. A recently featured article in the popular investment magazineMicroCap identifying Vertebron as a leader in Intellectual Property and acompany to watch adds credence to the potential and excitement of this growingbusiness.
"Vertebron will continue to drive a comprehensive and cohesive marketingstrategy, launch new, innovative products, expand distribution channels andtighten up processes for better customer relations," says Paul. "I amconfident that the new team will be successful in increasing the company valueand thereby increasing shareholder wealth."
Vertebron is a privately held medical device company that has developednext-generation spinal implants, including artificial discs (motionpreservation), cervical plates, pedicle screws and interbody fusion systemsthat integrate spinal, orthopedic and total joint technologies. Vertebron'scomprehensive product portfolio offers simplified surgical techniques withenhanced intra-operative flexibility and innovative instrumentation to spinalsurgeons worldwide. For more information, please visithttp://www.vertebron.com.
While this press release contains certain forward-looking statements,actual results may differ materially from those indicated by suchforward-looking statements as a result of various factors, risks anduncertainties detailed from time to time in Vertebron's Business Plan andother documents and as a result of other known and unknown risks and factors.
For more information, please contact: Diane Venitelli, Vice President,Marketing at 203 380 9340 or [email protected].
Vision: envisioning innovative, simplified solutions through experienceand ingenuity.
Versatility: creating comprehensive, adaptable solutions to address thecontinuum of spinal care.
Value: delivering efficient, effective solutions to ensur
