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Innovative Spinal Technologies Inc. Adds Todd Fanning To The Executive Management Team


3/16/2006 11:37:01 AM

MANSFIELD, Mass., March 16 /PRNewswire/ -- Innovative Spinal Technologies, Inc. (IST), a developer of the world's most advanced minimally invasive treatments for spinal disorders, announced today the appointment of Todd Fanning as Vice President, Sales.

"Todd brings an outstanding track record of building a winning sales team and driving significant growth in the spine market," said Scott Schorer, President and CEO of IST. "His character and experience are invaluable as we build our direct sales organization."

Mr. Fanning brings 20 years of healthcare experience to IST, including 11 years of medical device management experience. Prior to joining IST, he served as Vice President of Sales and Marketing for Abbott Spine and was a key member of the management team that was responsible for the growth and acquisition of Spinal Concepts by Abbott. Previously, Mr. Fanning held various management positions including Vice President of U.S. Sales for Sulzer Orthopedics. He has also held several positions at Baxter Healthcare and holds a Bachelor of Science degree in Mathematics from Illinois State University.

"I am truly delighted to be joining the team at IST," commented Todd Fanning. "The company boasts an impressive array of unique products. This is an exciting time in the spine industry and I am thrilled to be part of such a talented and experienced management team."

About IST: Innovative Spinal Technologies, Inc.

Headquartered in Mansfield, Mass., and founded in 2002, IST is a privately held spine technology company committed to advancing patient treatment by developing the world's most innovative spinal products. IST focuses on addressing areas of minimally invasive spine surgery and motion preservation with breakthrough solutions and recently received $39 million Series B funding by investors JPMorgan Partners, MPM Capital, and Orbimed Advisors. IST's product collaboration partners include some of the world's most advanced clinical leaders. More information about IST can be found at www.ISTspine.com.

Innovative Spinal Technologies, Inc.

CONTACT: Rob Brown, Vice President of Product Marketing of InnovativeSpinal Technologies, Inc., +1-508-618-1295, or rbrown@ISTspine.com



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