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NxStage Names Robert G. Funari Chairman Of The Board
Date:4/25/2013

LAWRENCE, Mass., April 25, 2013 /PRNewswire/ -- NxStage Medical, Inc.® (NASDAQ: NXTM) announced today that Robert G. Funari has been appointed as the non-executive Chairman of the Board effective immediately.  Mr. Funari is the former Chairman of Crescent Healthcare and has served on the NxStage Board of Directors since January 2013.

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Mr. Funari succeeds Dr. Philippe Chambon , who resigned after having served on the Company's Board of Directors since 1998. 

"It has been one of the great privileges of my career to be involved with the startup of NxStage and to participate in its growth over so many years," stated Dr. Chambon. "Together with Jeff, both the Board and management team have the skill and resources to continue building a great company and the story is only just beginning to unfold."

"We are very grateful to Philippe for his significant contributions to NxStage, commencing with our formation in 1998, and for the continued strategic guidance and valuable service he has given to the Company during his time as Chairman," stated Jeffrey H. Burbank , Founder and CEO of NxStage. "We look forward to working closely with Bob Funari as our new Chairman. I am confident that his leadership and oversight will add significant value to our strategic growth initiatives."

"I am honored to be elected Chairman of NxStage's Board," said Robert Funari . "I am eager to continue working with Jeff and the rest of the management team as they execute their growth strategy with the goal of both expanding access to NxStage's life chan
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SOURCE NxStage Medical, Inc.
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