Alphatec Spine to Present at the First Albany Capital's 2nd Annual Orthopedic Conference
31 Januar 2007 - 3:07PM
PR Newswire (US)
- Alphatec to host plant tour and dinner following the conference -
CARLSBAD, Calif., Jan. 31 /PRNewswire-FirstCall/ -- Alphatec
Holdings, Inc. (NASDAQ:ATEC), a spinal device company that provides
customized products and a broad line of spine fusion and dynamic
stabilization surgical implants, announced today that it will be
presenting at the First Albany Capital 2nd Annual Orthopedic
conference on February 13, 2007, at 8:50 a.m. Pacific time,
followed by a breakout session at 9:10 a.m. The conference is being
held at the Marina Village Conference Center in San Diego,
California. John Foster, Chairman, President and Chief Executive
Officer of Alphatec, stated, "This conference will be our first
opportunity to present the Alphatec story to investors following
the signing of the License Agreements with Scient'x S.A., which we
announced last week. We look forward to speaking with investors
about the ways in which our broadened product line will enable our
company to continue its rapid growth and extend its leadership
position in the spinal implant market." On the evening of February
13, following the conclusion of the First Albany conference,
Alphatec will be hosting a tour of its manufacturing facility in
Carlsbad, California, followed by a casual dinner with senior
management. Round-trip transportation from San Diego to Carlsbad
will be provided by Alphatec. Interested investors attending the
First Albany conference or the American Association of Orthopedic
Surgeons (AAOS) conference also being held in San Diego should
contact Andreas Marathovouniotis of Noonan Russo at 212-845-4253 by
Friday, February 2, for additional information and to reserve a
place. "Our ability to manufacture products in-house provides
Alphatec with a significant competitive advantage by enabling us to
quickly manufacture and provide unique products to surgeons when
they are needed," commented Mr. Foster. "We encourage investors to
take advantage of our proximity to San Diego and join us for an
informative and enjoyable dinner and tour of our state-of-the-art
facility." About Alphatec Alphatec is a medical device company
focused on the design, development, manufacturing and marketing of
products for the surgical treatment of spine disorders. Alphatec's
principal product offerings are primarily focused on the U.S. spine
fusion market, which is estimated to approach $3 billion in 2007,
through its wholly-owned subsidiary, Alphatec Spine, Inc., and
include a variety of spinal implant products and systems comprised
of components such as spine screws, spinal spacers, and plates that
offer multiple solutions to address patients' needs. In addition to
Alphatec's U.S. presence, it also participates in the Japanese
spine fusion and orthopedic trauma markets through its subsidiary,
Alphatec Pacific, Inc. Alphatec's mission is to be a value-based
leader in the spinal device market by providing unmatched service
to and taking scientific direction from its surgeon customers.
Alphatec does so through its unique in-house manufacturing facility
in Carlsbad, California, that allows us to respond quickly to
surgeon needs and to customize innovative products needed for spine
fusion surgery. Forward Looking Statements This press release may
contain forward-looking statements that involve risks and
uncertainty, including statements that the company believes (i) the
ALIF cage system is ground-breaking, (ii) that its broadened
product line will appeal to growing numbers of spine surgeons
across the U.S. while at the same time creating additional
pull-through demand for the company's existing products, (iii) that
Alphatec will continue to develop, acquire and license leading
technologies in the spine industry in pursuit of its growth
strategy. Such statements are based on management's current
expectations and are subject to a number of risks and uncertainties
that could cause actual results to differ materially from those
described in the forward-looking statements. Alphatec cautions
investors that there can be no assurance that actual results or
business conditions will not differ materially from those projected
or suggested in such forward-looking statements as a result of
various factors, including, but not limited to, the following:
Alphatec's ability to maintain its level of previously reported
sales growth, Alphatec's ability to manage, develop and expand its
spine fusion business in the United States and Japan, Alphatec's
ability to expand and maintain a successful sales and marketing
organization, continuation of favorable third party payor
reimbursement for procedures performed using our products,
unanticipated expenses or liabilities or other adverse events
affecting cash flow or Alphatec's ability to achieve profitability,
uncertainty of additional funding, uncertainty of success in
developing any new products or acquiring or licensing leading
technologies in the spine industry on terms acceptable to the
company, failure to successfully introduce and develop new
products, including products related to license agreements, failure
to obtain FDA clearance or approval for particular devices,
Alphatec's ability to compete with other competing products and
with emerging new technologies within and outside of spinal fusion,
product liability exposure, patent infringement claims and claims
related to our intellectual property. Please refer to the risks
detailed in Alphatec's quarterly report on Form 10-Q for the
quarter ended September 30, 2006. We disclaim any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events, or
otherwise, unless required by law. Contact: Alphatec Spine, Inc.
Steven Yasbek Chief Financial Officer (760) 431-9286 Noonan Russo
Matthew Haines (212) 845-4235 DATASOURCE: Alphatec Holdings, Inc.
CONTACT: Steven Yasbek, Chief Financial Officer, Alphatec Spine,
Inc., +1-760-431-9286, ; or Matthew Haines, Noonan Russo,
+1-212-845-4235,
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