Spine Wave Announces Addition to the Executive Management Team

Laine Mashburn, Former DePuy Executive to Join Spine Wave as Executive Vice President Global Marketing and Business Development


SHELTON, CT--(Marketwired - Oct 16, 2014) - Spine Wave, Inc. is a medical device company dedicated to leveraging its proprietary technology and expertise to provide spine surgeons with a broad, differentiated portfolio of expandable and other less invasive, more efficient solutions to real surgical challenges. Today Spine Wave announces that it has hired Laine Mashburn as Executive Vice President of Global Marketing and Business Development.

As a Product Director in 1995, Mr. Mashburn was one of the original 12 employees at DePuy Motech which pioneered the breakthrough techniques and technologies of the time, such as the original TLIF and the world's first polyaxial screw. Laine was given roles of increasing responsibility within Johnson & Johnson's DePuy Spine business, including Vice President Sales - Americas, and most recently as Vice President, Worldwide Strategy and Development, for the DePuy Synthes companies of Johnson & Johnson. During his tenure at J&J, Laine also earned an M.B.A. from Notre Dame and a law Degree from Suffolk University. Following the acquisition of Synthes, Laine left J&J to form his own company, Venturemedica, a healthcare focused strategic and commercial services firm.

"I am very pleased to have been able to attract an individual of Laine's caliber," said Mark LoGuidice, Spine Wave Chief Executive Officer. "Laine is well known in our industry and has a stellar reputation. Given the depth and breadth of his spine experience, I am confident he will make immediate and significant contributions to Spine Wave."

"I have been watching Spine Wave from a distance for several years" said Laine Mashburn. "I have always been intrigued with the company and its focus on novel technologies but I had no idea that their product pipeline was so robust. I feel like I am joining at the ideal time. In addition to the recently launched Annex® Adjacent Level System and the new Lateral Access product portfolio, the company plans an extensive series of important and highly differentiated product introductions over the next 18 months. I am very excited to be joining this team."

About Spine Wave
Spine Wave's product portfolio features many highly differentiated expandable technologies including the StaXx® IB Expandable Interbody Device and the StaXx® XD Expandable Device, which has a seven year proven track record for posterior surgery. The just launched StaXx® IBL Expandable Interbody Device and Abacus™ Lateral Spacer System are available for the lateral surgical approach. In addition to the expandable technologies, the Sniper® Spine System has quickly developed a reputation as a leading MIS screw system and is now complimented with the recently released Annex® Adjacent Level System. Additionally, Spine Wave provides the simple yet versatile CapSure® PS3 Spine System which is proving to be a high quality, traditional screw system. The Company is growing rapidly and continues to recruit new sales managers and independent distributors to fuel the growth. For further information on all of the Spine Wave products please visit the Company's website at www.SpineWave.com.

Contact Information:

Contact:
Terry Brennan
Chief Financial Officer

203-712-1810