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Ossur -- leading orthopedic pioneer - expands network to Asia
Date:10/5/2007

igurdsson stressed the importance of building Ossur in key growth areas. What inspires Ossurs growth is recognizing the needs of our customers and meeting them, whether it is in products, technology, education or in the supply chain. We see China as an important growth market for us.

Ossur launched a new Bionic Technology platform of products in 2005, transitioning the company towards sophisticated high-end electronics and software development. Microprocessors and the development of critical electronic parts are becoming an increasingly important part of the prosthetic development phase. The proximity to a strong patient population as well as an electronics industry in Asia, not to mention the growing orthopaedic and prosthetic medical community in Shanghai, makes China a good location.

Ossur is not only about products. Ossur provides extensive educational and clinical support programs through the Ossur Academy, a global initiative to assist orthopaedic professionals and prosthetists in delivering the best possible experience and outcome for their patients. Ossur currently sponsors university level courses to several universities in the region. Based on growing patient demand, the Orthopaedic and Prosthetic industry will greatly benefit from Ossurs education and technical support programs in China and Asia while, at the same time, helping to develop the O&P industry in the region.

Prosthetics in Japan, South Korea and Australia are expected to be core growth areas over the next 2-3 years. In China, the bracing and support market will continue to be developed through its network of local partners and distributors in the region. Arason added, our philosophy is to continue to enhance and develop quality solutions and to be the leader in this field. Ossur is not about fitting legs. Ossur is about making a difference and bringing people back to the same standard of living that they enjoyed before. For our patients, we believe in a life
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Contact: Edda Geirsdottir
egeirsdottir@ossur.com
354-664-1055
Ossur
Source:Eurekalert

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