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C O R R E C T I O N -- Osteotech, Inc.
Date:7/29/2009

niFuse launch, Osteotech is updating the financial guidance it previously established for 2009:

  • Overall revenue expectations remain unchanged and 2009 revenue is expected to range between $96 million and $100 million;
  • Net loss for 2009 is expected to be between $0.08 and $0.10 per share; and
  • The Company expects to exit 2009 with approximately $14 million in cash.

Conference Call Tomorrow, July 30, 2009

The Osteotech management team will host a conference call on July 30, 2009 at 10:00 a.m. (EDT) to discuss second quarter 2009 financial results, recent corporate developments and guidance for 2009. The conference call may be accessed by dialing 1-800-901-5217 (domestic) or 1-617-786-2964 (international) and indicating access code 41441773. The conference will also be simultaneously webcast athttp://www.osteotech.com. A replay of the conference call will be available approximately two hours after completion of the live call, through midnight, on August 14, 2009, by dialing 1-888-286-8010 and using access code 26957556.

About Osteotech

Osteotech, Inc., headquartered in Eatontown, New Jersey, is a global leader in providing biologic solutions for regenerative medicine to support surgeons and their patients in the repair of the musculoskeletal system through the development of innovative therapy-driven products that alleviate pain, promote biologic healing and restore function. For further information regarding Osteotech or the conference call, please go to Osteotech's website at www.osteotech.com.

Certain statements made throughout this press release that are not historical facts are forward-looking statements (as defined in the Private Securities Litigation Ref
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SOURCE Osteotech, Inc.
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