Medyssey Spine Receives FDA 510(k) Clearance for Zenius(TM) Thoracolumbar Spinal System in Titanium Alloy (Ti6AL-4V ELI)

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The Zenius(TM) System Is a Ti Alloy 5.5 mm Rod and Thoracolumbar Pedicle Screw Construct for the Surgical Treatment of Spinal Trauma, Deformity and Degenerative Spinal Pathologies

Los Angeles, CA, August 25, 2010 — South Korea-based Medyssey Co., Ltd. announced today that the Company has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its Zenius(TM) Thoracolumbar Spinal System. Though currently available in limited release, Medyssey will launch the new Zenius(TM) System in the United States in Q4.

The Zenius(TM) System is a Ti alloy 5.5 mm Rod and Thoracolumbar Pedicle Screw Construct for the surgical treatment of spinal trauma, deformity, and degenerative spinal pathologies. Zenius(TM) utilizes a Dove Tail Joint(TM) Set Screw with patent-pending reverse trapezoid thread design and linear slot to dramatically increase holding forces over a traditional (non-slotted) set screw.

“The clearance of the Zenius(TM) Spinal System rounds out Medyssey Spine’s spinal instrumentation portfolio of Thoracolumbar PSF solutions in 5.5, 6.0 and 6.35 mm Rod Constructs through the Zenius(TM) and Novel systems,” said Joseph Jin, vice president, Medyssey Spine. He added, “Medyssey is now investing into building out the orthobiologics and interbody platforms to support our core fusion, dynamic stabilization, and motion preservation systems.”

About Medyssey Spine

Privately owned and headquartered in Seoul, Korea, Medyssey Co., Ltd. (d/b/a Medyssey Spine) is the second largest spinal implant manufacturer in South Korea. Founded in 2003 by Edward J.W. Jang, the Company has a pioneering focus on bringing leading orthopedic and neurosurgical spinal implants to market. Medyssey designs, develops, manufactures and markets products for the surgical treatment of spine disorders through novel instrumentation and orthobiologics solutions aimed at improving spinal fusion rates, preservation of mobility and clinical outcomes.