ORTHOsoft And Smith & Nephew Introduce New Imageless Hip Application: Computer Assisted Surgical Application Developed Through Agreement With Smith & Nephew

MONTREAL, QUEBEC--(CCNMatthews - Jan. 5, 2005) - ORTHOsoft Holdings Inc. (TSX-V: OSH) today announced the full market release of a new imageless minimally invasive total hip replacement application, developed in collaboration with Smith & Nephew Orthopaedics. This is the first computer-assisted surgical (CAS) application to result from the worldwide development and distribution agreement recently signed by ORTHOsoft and Smith & Nephew to serve the growing demand for minimally invasive surgeries.