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Orthofix Appoints New Head of Corporate Development BY JOHN MCCORMICK, JUNE 13, 2006

This morning Orthofix announced the appointment of Michael M. Finegan as Vice President of Corporate Development and head of the Company's new Corporate Development Group. His duties will include identifying external opportunities for the company to increase its revenues and earnings. Orthofix has indicated recently that its strategic plans also include potential licensing agreements, alliances, and acquisitions that would provide non-organic revenue and earnings growth opportunities to complement its organic growth initiatives.

Mr. Finegan comes from a strong medical device background that includes sixteen years Boston Scientific Corporation where he has served as Vice President of Corporate Sales and was instrumental in the planning and integration activities of the Guidant acquisition.

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