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 News Release - September 4, 2007

Pioneer Surgical Technology Hires Vice President of New Business Development

Wesley McDermott is latest addition to growing senior management team

MARQUETTE, Mich., Sept. 4 (HSMN NewsFeed) -- Pioneer Surgical Technology, a leading innovator in the design and manufacture of spinal and orthopedic implants, announced that Wesley McDermott has joined as Vice President of New Business Development.

McDermott will be responsible for business cases at the concept stage of the product development pipeline, including the process for evaluating and acquiring outside technologies.

"Pioneer's strong growth, combined with our recent acquisitions of novel and innovated technology, highlighted the importance of having strong senior leadership directing our new business development endeavors," said Matthew N. Songer, M.D., Chairman and CEO of Pioneer Surgical Technology. "We are delighted that Wesley has joined the Pioneer team. He brings years of experience and success from a variety of corporate settings."

Prior to joining Pioneer, McDermott was group manager of business development for Boston Scientific Corporation's Cardiac Rhythm Management division. With more than 10 years of experience in medical device R&D and business development roles, McDermott has demonstrated a successful track record within the industry.

"Pioneer Surgical is committed to providing patients with novel and innovative medical devices," said Wesley McDermott. "I look forward to adding my product development and technology assessment experience to Pioneer's strong senior management team."

McDermott holds a bachelor's degree in electrical engineering from the University of Michigan in Ann Arbor, Michigan, a Masters Degree from M.I.T., and the executive MBA degree from the Kellogg School of Management at Northwestern University.

About Pioneer Surgical Technology

Pioneer Surgical Technology, headquartered in Marquette, Michigan, is a leading innovator in the design and manufacture of spinal and orthopedic implants. Founded in 1992, Pioneer is committed to innovation and has been awarded 30 patents. It is a true surgeon-driven spinal device company that promotes responsiveness through customer intimacy, surgeon-to-surgeon relationships, and a commitment to innovation. In 2005, Pioneer launched several spinal implant systems: Quantum® Spinal Rod, Pioneer Anterior Cervical Plate and its PEEK-Plus Vertebral Replacement Devices. Additionally, Pioneer received the European CE mark for its NUBAC(TM) Disc Arthroplasty System.

The company recently expanded its facility to more than 110,000 square feet to support its continued growth in spinal and orthopaedic products. Pioneer employs more than 230 employees worldwide.

For more information contact Jim Parks, Director of Communications, Pioneer Surgical Technology, at 906-225-5690 or visit http://www.pioneersurgical.com


Source: Pioneer Surgical Technology

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