Healthcare Industry News:  Wright Medical Group 

Devices Orthopaedic Acquisitions

 News Release - September 4, 2008

Wright Medical Group, Inc. Announces Acquisition of the RAYHACK(R) Wrist Reconstruction System

Novel System for Complex Wrist Surgery Complements Wright's Upper Extremity Franchise

ARLINGTON, Tenn.--(HSMN NewsFeed)--Wright Medical Group, Inc. (NASDAQ: WMGI ), a global orthopaedic medical device company, today announced the acquisition of the RAYHACK® System for complex wrist reconstruction. Terms of the transaction were not disclosed.

The RAYHACK® System consists of procedure-specific bone-cutting guides and fixation plates that allow precise shortening and repositioning of the radius and ulna, the two major bones of the forearm. These surgical procedures are offered to patients suffering from wrist arthritis secondary to trauma or Kienbock's disease, an avascular condition of the bones of the wrist. The RAYHACK® System complements Wright’s innovative portfolio of orthopaedic products for surgery of the hand, wrist and elbow. This portfolio includes the MICRONAIL® intramedullary wrist fracture system and the market-leading EVOLVE® radial head implant and SWANSON finger implants.

John M. Rayhack, M.D., a Tampa, Florida based orthopaedic hand specialist and inventor of the devices commented, “I am pleased to join Wright Medical in expanding the availability of these bone-cutting guides and fixation plates to surgeons worldwide. Wright's size and dedication to the extremity market makes them a perfect fit to deliver these advanced technologies to surgeons everywhere.”

Aaron Smith, Wright's Senior Director of Extremities stated, “Dr. Rayhack is recognized as a technical pioneer among his peers in hand surgery. The RAYHACK® System is a highly refined product for some of the most challenging disorders of the wrist, and is already the preferred solution in most of the top hand surgery centers in the United States.”

The RAYHACK® System will be made available to U.S. orthopaedic surgeons immediately, with international availability early in 2009. The Company estimates there to be over 20,000 applicable procedures for the system domestically, with over 40,000 on a worldwide basis.

About Wright Medical Group

Wright Medical Group, Inc. is a global orthopaedic medical device company specializing in the design, manufacture and marketing of reconstructive joint devices and biologics. The Company has been in business for more than 50 years and markets its products in over 60 countries worldwide.

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements made in this press release, other than statements of historical fact, are forward-looking statements. Forward-looking statements reflect management's current knowledge, assumptions, beliefs, estimates, and expectations and express management's current views of future performance, results, and trends and may be identified by their use of terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “will,” and other similar terms. The Company wishes to caution readers that actual results might differ materially from those described in the forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, including the factors discussed in the Company’s filings with the Securities and Exchange Commission (including the Company’s annual report on Form 10-K for the year ended December 31, 2007, under the heading, “Risk Factors” and its quarterly reports), which could cause the Company’s actual results to materially differ from those described in the forward-looking statements. Although the Company believes that the forward-looking statements are accurate, there can be no assurance that any forward-looking statement will prove to be accurate. A forward-looking statement should not be regarded as a representation by the Company that the results described therein will be achieved. The Company wishes to caution readers not to place undue reliance on any forward-looking statement. The forward-looking statements are made as of the date of this press release. The Company assumes no obligation to update any forward-looking statement after this date.

Source: Wright Medical Group

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