Healthcare Industry News:  joint replacement 

Devices Orthopaedic Personnel

 News Release - December 9, 2009

Ascension Orthopedics Hires Key Senior Executives

AUSTIN, Texas, Dec. 9 -- (Healthcare Sales & Marketing Network) -- Ascension Orthopedics, Inc., a leader in orthopedic extremity implants, announces the recent hiring of two veteran executives, L. Robert Johnston, Jr. as Chief Financial Officer and Clifton J. Seliga as Senior Vice President of Marketing. "These individuals bring a wealth of executive experience that will be an important asset to the future growth of Ascension," said Guy Mayer, CEO. "As members of our senior executive team, they will help us capitalize on a variety of opportunities available in today's extremity implant market."

Mr. Johnston joined Ascension on December 1 and brings more than 15 years of financial and operational experience to the company. He was CFO of Tutogen Medical, Inc., a public medical device company, where he was instrumental in the growth of the company and its ultimate successful sale to RTI Biologics, Inc. Prior experience includes CFO of multiple other companies including Power Medical Interventions, Inc., Cellomics, Inc. and Oncormed, Inc. "Bob has valuable financing and operations experience that will be integral to our continual expansion of Ascension Orthopedics," states Mr. Mayer. Mr. Johnston has a M.B.A. from the University of Virginia's Colgate Darden Graduate School of Business Administration.

Mr. Seliga assumed the role of Senior Vice President of Marketing on December 1. He has been active in the medical industry for over 30 years, holding high-level positions at Zimmer, Inc., Etex Corporation, Tutogen Medical, Inc., and RTI Biologics, Inc. "Cliff has a combination of marketing, business planning, product management, and operations experience. Over the years, he has contributed to acquisitions, joint ventures, and major distribution agreements which have resulted in significant increases to revenue and stock value," says Mr. Mayer. Mr. Seliga received a M.S. in Anatomy from Saint Louis University, and a M.B.A. in Marketing and Management from Northwestern University's Kellogg Graduate School of Management.

Ascension Orthopedics was founded in Austin, Texas in 1996. The company's first product was an innovative pyrolytic carbon total joint replacement for the MCP joint of the hand. Its joint replacement product line has since expanded to include implants for the shoulder, elbow, wrist, hand, foot and ankle. Ascension's mission is to transform extremities by developing state-of-the-art orthopedic products for the upper and lower limbs to help patients suffering from pain and dysfunction. Ascension Orthopedics sells products in the United States and in more than 23 countries worldwide. For further information, please visit http://www.ascensionortho.com/.


Source: Ascension Orthopedics

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