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Navilyst Medical Announces Global Debut Today : Former Boston Scientific Business Units Combine to Lead Fluid Management and Vascular Access Markets
Date:8/4/2008

build upon a strong foundation and look forward to living up to our new name by navigating change and being a catalyst for innovation."

Navilyst Medical employs approximately 800 people, and is headquartered in Marlborough, MA with an ISO-certified manufacturing plant in Glens Falls, NY. Products are distributed in 76 countries and are sold direct in the United States. The company is on track to launch several new products into the global marketplace through internal development and strategic alliances during the upcoming year.

"It is the company's strategic intent to become the first choice provider of medical devices for vascular access, and the diagnosis and treatment of vascular disease. This strong combination of product heritage and experienced employees able to execute on this vision captured Avista's interest in the deal from the outset. By 2011 the company should look very different than we do today—and that's exciting," added Navilyst Medical CEO Ron Sparks.

About Navilyst Medical

Navilyst Medical, headquartered in Marlborough, MA, was formed in February 2008 from Boston Scientific's Fluid Management and Vascular Access business units. Its breakthrough products, including the PASV Valve Technology, Xcela PICC and NAMIC Fluid Management devices, help hospitals create clinical and economic solutions for their patients. The Company distributes its products worldwide and has its lead U.S. manufacturing facility in Glens Falls, NY. For more information, please visit: www.navilystmedical.com.

About Avista Capital Partners

Avista Capital Partners is a leading private equity firm with offices in New York and Houston. Founded in 2005, Avista manages $2.0 billion in private equity capital. Avista's strategy is to make controlling or influential minority investments primarily in growth-ori
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