Breg Digital Press

Innovations for Osteoarthritis, Sports Injuries and Orthopedic Practices – Breg Announces Five New Orthopedic Products

CARLSBAD, CA, June 22, 2012 (PR NEWSWIRE) – Breg, Inc., a premier provider of sports medicine products and services, has introduced five new products, including a first-of-its-kind wraparound knee brace for osteoarthritis (OA) patients. New products also include two ankle braces designed to help prevent ankle injury, a cold therapy system with longer ice time, and an upgrade to Breg’s inventory management system created specifically for the orthopedic office.

Orthofix International Completes Divestiture of Sports Medicine Business Unit

LEWISVILLE, Texas–(BUSINESS WIRE)– Orthofix International N.V. (NASDAQ:OFIX) (the Company) announced today that it completed the divestiture of its Sports Medicine Business Unit, Breg, Inc., to Water Street Healthcare Partners, a strategic private equity firm focused exclusively on the health care industry. The purchase price was $157.5 million less normal and customary working capital adjustments and indebtedness. The Company applied $145.0 million of after-tax net proceeds to the prepayment of outstanding Company indebtedness, as required by the Company's existing credit agreement.

Orthofix International Announces Breg Mexico Facility Ranked among Top “Great Place to Work” Facilities in 2011

LEWISVILLE, Texas–(BUSINESS WIRE)– Orthofix International (NASDAQ:OFIX) announces that its sports medicine division, Breg, has ranked #14 of all businesses in Mexico in the Great Place to Work® Institute's survey for 2011. The Breg Mexico facility, located in Mexicali, received top honors for its positive culture and work environment.