Alphatec Spine Announces Appointments to Research and IT Positions
BY EDITOR, NOVEMBER 22, 2005
Steven Reinecke to be VP of Research & Development, Brian Plotkin to be VP of Information Technology.
CARLSBAD, California, November 22, 2005 /PRNewswire/-- Alphatec Spine, Inc. ("Alphatec"), a vertically-integrated spinal device company, today announced the appointments of Steven Reinecke as Vice President of Research & Development, and Brian Plotkin as Vice President of Information Technology.
Ronald G. Hiscock, Chief Executive Officer, said, "Alphatec's success is largely due to its ability to innovate and quickly commercialize orthopedic devices that meet market needs. That's why we're excited to have an executive like Steven Reinecke lead our research efforts. He'll work directly with our in-house manufacturing team and Scientific Advisory Board of Physicians. Brian Plotkin will fill an essential role in growing and maintaining Alphatec's information infrastructure."
Prior to joining Alphatec, Steven Reinecke was Vice President, Research and Development, at Orthofix Inc. He led a multinational research and development effort, and directed the firm's clinical research activities. Reinecke was previously Vice President, Research and Development, at Kinesis Medical, where he led the firm's non-invasive spine division and general operations of its Minneapolis facility.
Brian Plotkin was CIO at Kyphon Inc. before joining Alphatec. While at Kyphon, he directed all aspects of global applications development, network services, and desktop support services. He oversaw rapid and successful expansion of the IT staff, and launched firmwide a WAN and intranet. Plotkin was previously IT Applications Development Manager at Centerpulse Inc., and held various positions at Tyco Healthcare Group LP.
About Alphatec Spine, Inc.
Alphatec Spine, Inc. is distinguished among independent spinal implant companies because it manufactures, engineers and prototypes all its own products. In 2005, the company changed its name from Alphatec Manufacturing to Alphatec Spine, to reflect its fifteen-year evolution from contract medical device manufacturer to vertically-integrated spinal device company. There are no service gaps between engineering and the physician. The Company has 165 employees and is located in Carlsbad, CA. In March 2005, the company was purchased by a group of investors led by the New York private equity firm HealthpointCapital LLC.
Additional Information
This press release contains certain "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, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainty. Although Alphatec and HealthpointCapital believe that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. Important factors that could cause actual results to differ materially from the forward-looking statements include Alphatec's need to obtain additional capital (through financings or otherwise) to continue to grow its operations, the progress of development, government and regulatory approvals and commercialization of Alphatec's new technologies, and the market's acceptance of Alphatec's products. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by either Alphatec or HealthpointCapital or any other person that the objectives and plans of Alphatec will be achieved. By making these forward-looking statements, neither Alphatec nor HealthpointCapital undertakes an obligation to update these statements for revisions or changes after the date of this release.
CONTACT: Vicky Romanoski of Alphatec Spine, Inc. (760) 431-9286;
vromanoski@alphatecspine.com
Web site: http://www.alphatecspine.com
