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RSB Spine Announces Record Second-Quarter 2010 Revenue and Monthly Sales Milestone


7/1/2010 6:23:42 AM

CLEVELAND, June 30 /PRNewswire/ -- RSB Spine, LLC, a medical device company focused on developing unique modular fusion products for surgical treatment of degenerative disc disease, today announced a 50% sales increase for the second quarter of 2010 versus second quarter 2009, and a 27% increase sequentially. Additionally, the company reported record sales for the month of June.

RSB Spine Chief Executive Officer John A. Redmond said: "Our master distributor, Paradigm BioDevices, exceeded our expectations with a strong sales performance. We expect even stronger growth in the second half of the year as we expand our modular offering and provide additional implantation options."

"The understanding of our platform's capabilities is becoming more widely appreciated by surgeons and distributors," said Mike O'Neill, President of Paradigm BioDevices. "This is allowing us to rapidly expand our customer base."

RSB Spine is a privately held medical device company. News releases and other information on the company are available on the Internet at: http://www.rsbspine.com.

SOURCE RSB Spine, LLC



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