Healthcare Industry News:  Sofamor Danek 

Devices Neurosurgery Orthopaedic

 News Release - June 8, 2007

Globus Medical Announces Major Sales Force Expansion

Spine Technology Leader Rapidly Expanding Sales Coverage

AUDUBON, Pa., June 8 (HSMN NewsFeed) -- Globus Medical, Inc., the largest privately-held spinal implant manufacturer in the world, announced today that it has significantly expanded its sales and distribution footprint in 2007 by hiring several highly experienced sales professionals in key U.S. markets.

"Our ability to attract the best and brightest sales professionals from the top companies in our industry is the ultimate endorsement of the Globus Product Development Engine," stated Rick Kienzle, Executive Vice President, Sales and Marketing, Globus Medical, Inc. "Having the ability to sell a complete line of innovative Fusion and MIS products, coupled with our growing pipeline of Motion Preservation and Biomaterials technology, is a compelling opportunity for seasoned spine sales professionals."

Globus Medical announced a spate of additions in 2007 including: Richard Holifield, Chattanooga, Tn., a six-year veteran in spine, most recently with Synthes Spine; Brian McQuaig, Northeast Florida, also with six years of spine sales experience, most recently with Medtronic Sofamor Danek (MSD); Steve Anthony, Dallas, Tx., nine years of experience, from J&J DePuy; Jim Poynton, Chicago, Il., six years, from MSD; Jim Pauwels, Indiana, nine years, from Orthovita/MSD; Rex Ledbetter, Indiana, seven years, from Orthovita/Synthes; Mike Reeder, Cincinnati, Oh., three years, from Synthes; John Doherty, Stamford, Ct., eight years, from MSD; John Dowling, Hartford, Ct., five years, MSD; Mark Aronow, Southeast Florida, six years, Synthes; Doug Sarmousakis, Southwest Florida, seven years, Kyphon/Synthes; and Josh Heath, Huntsville, Al., six years, Synthes.

"These individuals are highly successful, highly skilled spine sales professionals who could work for any company in our industry," said Dave Demski, CFO, Globus Medical, Inc. "Collectively, they were responsible for over $40 million in annual sales. Individuals of this caliber would not make such a change without careful consideration and meticulous due diligence. For them to join the Globus team is both exciting and humbling."

Globus has added 25 people to its sales and distribution infrastructure in 2007. The Company continues to actively seek experienced spine sales representatives and sales management professionals in several markets, with a particular emphasis on the Western U.S.

About Globus Medical, Inc.

Globus Medical, Inc. is the largest privately-held spinal implant manufacturer in the world, with more than $100 million in annualized revenue. Based in Audubon, Pa., the company was founded in 2003 by an experienced team of spine professionals with a shared vision to create products that enable spine surgeons to employ both fusion and motion preservation solutions to promote healing in patients with spinal disorders. Globus Medical has a full portfolio of spinal fusion products, burgeoning initiatives in biomaterials development and minimally invasive approaches, and is among the world leaders in the development of motion sparing technology. Additional information can be accessed at http://www.globusmedical.com.


Source: Globus Medical

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