For Release: 7:00 am EST on May
2, 2008
Facet Solutions, Inc. Appoints Industry Veteran to Board of
Directors
LOGAN, UT (May 2, 2008) – Facet Solutions, Inc., a privately
held company focused on commercializing motion preservation
spinal implants, today announced the addition of industry veteran
Mr.
Mike McCarthy to serve on its Board of Directors.
“
Mr. McCarthy is a terrific addition to our Board, bringing a
wealth of knowledge in the spine industry which will assist Facet
Solutions throughout the clinical and commercialization phases
of the company,” stated Mr. Geoff Pardo, President and
CEO of Facet Solutions, Inc. “Mr. McCarthy has exhibited
a track record of success, most recently as President and CEO
of Endius which was sold to Zimmer in 2007. Throughout his 29
year orthopedic and spine industry career he has held many executive
level positions, including Global Vice President of Sales and
Marketing for Implex through its acquisition by Zimmer and several
executive positions with Johnson & Johnson.”
Mr. McCarthy provided his perspective on being appointed
to the Facet Solutions Board. “I am a huge fan of Facet Solutions.
They have all of the ingredients of a great company which include
a large market opportunity, great technology, leading intellectual
property and a fantastic team. I look forward to working with
the Facet Solutions Board and management team to bring breakthrough
technologies to the lumbar spine marketplace.”
Facet Solutions, Inc. has developed the ACADIA™ Facet Replacement System (ACADIA™) to provide patients with lumbar spinal stenosis
and facet degeneration a motion preserving alternative to lumbar
spinal fusion. The ACADIA™ procedure includes replacement
of the diseased facet joint with an anatomic implant that
restores the natural motion, stability, and balance to the
lumbar spine.
*Note: ACADIA™ is an investigational device in the United
States. It is limited by United States (U.S.) Federal Law
for investigational use only.
About Facet Solutions
Facet Solutions, Inc. is a privately held, venture-backed
company focused on development and commercialization
of surgical devices
for the Treatment of facet-related spinal disorders.
Facet Solutions has received venture capital from its partners
De Novo Ventures,
Pequot Ventures, and Spray Venture Partners. Facet Solutions
is FDA registered and is certified to ISO 13485.
# # #
Press Contact
Mr. Geoff Pardo
Facet Solutions, Inc.
124 South 600 West, Suite 100
Logan, UT 84321
617-407-4865
geoff@facetsolutions.com
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