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07/27/2006
Orthofix
Announces Record Sales In Second Quarter 2006 Results
HUNTERSVILLE, N.C., July 27, 2006 – Orthofix International
N.V., (NASDAQ:OFIX) (the Company) today announced that sales for
the second quarter ended June 30, 2006 were a record $84.7 million,
an increase of seven percent over the $79.5 million reported during
the same period in 2005. The impact of foreign currency on sales
for the second quarter of 2006 was a negative $0.3 million.
07/06/2006
Orthofix Announces
Opening of New International Distribution Center
HUNTERSVILLE, N.C., Jul. 6, 2006-Orthofix International
N.V. (NASDAQ: OFIX) announced today the opening of its new International
Distribution Center (IDC) located in Verona, Italy. The new IDC
is designed to increase Orthofix's operational efficiency in Europe
by centralizing production, logistics and customer service functions
previously located in the United Kingdom and the Seychelles. These
changes are expected to result in pre-tax savings of more than $1
million annually starting in 2007, and the company expects additional
savings to result from reductions in inventory levels and related
carrying costs.
06/13/2006
Orthofix Appoints
Michael M. Finegan to Lead Newly Formed
Corporate Development Team
HUNTERSVILLE, N.C., Jun. 13, 2006-Orthofix International
N.V. (NASDAQ: OFIX) announced today that Michael M. Finegan has
joined the company as Vice President of Corporate Development. Mr.
Finegan will lead the recently created Corporate Development Group
at Orthofix, focusing on the development and implementation of a
comprehensive plan to identify external opportunities for the company
to increase its revenues and earnings.
04/27/2006
Orthofix
Announces First Quarter 2006 Earnings Results
HUNTERSVILLE, N.C., April 27, 2006 - Orthofix International
N.V., (NASDAQ:OFIX) (the Company) today announced that sales for
the first quarter ended March 31, 2006 were $81.1 million, an increase
of 4% over the $77.7 million reported during the same period in
2005. The impact of foreign currency on sales for the first quarter
of 2006 was a negative $1.5 million, or 1.9%.
04/04/2006
BREG introduces full line
of FUSION® functional knee braces Family of braces includes FUSION
, FUSION XT, FUSION Women’s & FUSION OA
HUNTERSVILLE, N.C., April 4, 2006 – BREG, Inc., a leading medical
device company specializing in premium orthopedic, rehabilitative
and post-operative products, and a division of Orthofix International,
N.V. (NASDAQ: OFIX), today announced immediate availability of its
full line of FUSION functional knee braces, including FUSION, FUSION
XT, FUSION Women’s and FUSION OA.
03/31/2006
Orthofix
to Present at Sidoti & Company 10th Annual New York
Emerging Growth Institutional Investor forum
HUNTERSVILLE, N.C., March 31, 2006 - Orthofix International N.V.,
(NASDAQ:OFIX) announced today that Chief Operating Officer Alan
Milinazzo, who will become the company's new CEO on April 1st, is
scheduled to make a presentation at Sidoti & Company's 10th
Annual New York Emerging Growth Institutional Investor Forum on
April 5th at The Grand Hyatt Hotel in New York City. Orthofix's
presentation is scheduled to begin at 10:25 AM Eastern Time.
03/16/2006
Orthofix
to Present at First Albany Small-Cap Orthopedics Conference
HUNTERSVILLE, N.C., March 16, 2006 - Orthofix International
N.V., (NASDAQ:OFIX) announced today that Chief Operating Officer
Alan Milinazzo, who will become the company's new CEO on April 1st,
is scheduled to make a presentation during First Albany's Small-Cap
Orthopedics Conference in Chicago on March 21st.
03/03/2006
Orthofix
to Present at SG Cowen 26th Annual Health Care Conference
HUNTERSVILLE, N.C., March 3, 2006 — Orthofix International N.V.,
(NASDAQ:OFIX) announced today that Chief Operating Officer Alan
Milinazzo, who will become the company’s new CEO on April 1,
2006, is scheduled to make a presentation at SG Cowen’s 26th
Annual Health Care Conference at the Boston Marriott Copley on Thursday
March 9.
02/28/2006
Orthofix Announces Fourth
Quarter and Full Year 2005 Results
HUNTERSVILLE, N.C., February 28, 2006 – Orthofix International
N.V. (NASDAQ:OFIX) (the Company) today announced results for the
fourth quarter and full year ended December 31, 2005.
02/27/2006
Orthofix announces
restructuring of international operations and acquisition of International
Medical Supplies Distribution GmbH
HUNTERSVILLE, N.C., Feb. 27, 2006—Orthofix International N.V.
(NASDAQ: OFIX) (the Company) announced today that it is restructuring
its International business operations to better serve customers
outside the United States. The move will create three distinct business
zones: Europe, Asia/Pacific and Emerging Markets, which will be
organized to address customer needs and opportunities within specific
geographic markets.
02/21/2006
Orthofix’s BREG
division awarded three-year supply contract from Novation
HUNTERSVILLE, N.C., Feb. 21, 2006 — Orthofix International N.V.
(NASDAQ: OFIX) announced today that its BREG Inc. division, a leading
medical device company specializing in premium orthopedic, reconstructive
and post-operative products, has entered into a second dual-source
three-year supply agreement with Novation, the health care contracting
services company of VHA Inc. and University HealthSystem Consortium
(UHC).
02/16/2006
Orthofix
promotes Alan W. Milinazzo to Group President and Chief Executive
Officer effective April 1, 2006
HUNTERSVILLE, N.C., Feb. 16, 2006-Orthofix International
N.V. (NASDAQ: OFIX) announced today that Alan W. Milinazzo, 46,
the Company's Chief Operating Officer (COO), has been promoted to
Group President and Chief Executive Officer (CEO) effective April
1, 2006. He will succeed Charles W. Federico, who will remain a
Director of Orthofix. A successor to the position of COO has not
been named at this time.
02/06/2006
Orthofix appoints Dan Yarbrough as
company's director of Investor Relations. "Dan’s proven
ability to work effectively with senior corporate management while
driving the investor relations function for one of the largest HMOs
in the country make him the ideal executive to support our IR strategy."
Charles W. Federico, Group President and CEO, Orthofix
HUNTERSVILLE, N.C., Feb. 6, 2006—Orthofix International
N.V. (NASDAQ: OFIX) announced today that Dan Yarbrough has joined
the Company as its Director of Investor Relations, effective immediately.
12/22/2005
Orthofix creates new
management position: appoints Keith E. Jansen as Company’s first
VP and General Manager of its Vascular Business
HUNTERSVILLE, N.C., Dec. 22, 2005—Orthofix International, N.V. (NASDAQ:
OFIX) announced today that Keith E. Jansen, 42, has joined the Company
as Vice President and General Manager of Orthofix’s Vascular business,
which is a new management position at Orthofix.
11/03/2005
Orthofix's BREG Division Awarded
Three-Year Supply Contract From Novation HUNTERSVILLE,
N.C., Nov. 3, 2005 — BREG Inc., a leading medical device company
specializing in premium orthopedic, reconstructive and post-operative
products, and a division of Orthofix International N.V. (NASDAQ:
OFIX), has entered into a three-year agreement with Novation, one
of health care’s leading group purchasing organizations. Under the
terms of this dual-source agreement, BREG will supply its Polar
Care® cold therapy product line to hospitals that belong to VHA
Inc., and the University HealthSystem Consortium, the two health
care alliances that own Novation.
10/27/2005
Orthofix
Reports Third-Quarter and Nine-Months Results including Favorable
Impact from KCI Settlement
HUNTERSVILLE, N.C., Oct.
27, 2005 – Orthofix International N.V., (NASDAQ:OFIX) today announced
results for the third quarter and nine months ended Sept. 30, 2005. |
