ExtruMed, LLC Announces Completion Of Merger And Appointment Of New CEO

PLACENTIA, Calif.--(BUSINESS WIRE)--ExtruMed, LLC is pleased to announce the completion of the merger of ExtruMed, LLC and Extrusioneering, Inc., creating a market leading provider of custom extrusions to the medical device industry. Both companies specialize in providing custom thermoplastic extrusions, including multi-lumens, co-extrusions, catheter and lead tubing, balloon tubing, and polyolefin heat shrink tubing, for critical device applications. Both companies are ISO 9001 registered and are located in California. The new entity will retain both sites, in Placentia and Temecula, but will do business under the single name ExtruMed.

ExtruMed is also pleased to announce the appointment of Bill Ellerkamp, a 25 year industry veteran, to lead the new company’s growth and integration strategy. Bill joins the new company from Ranier Technology Limited, an early stage spinal implant company, where he was COO. Before Ranier, Bill was VP, Market Development with MedSource Technologies, a leading medical engineering and manufacturing services provider to the medical device industry. Prior to joining MedSource in 2000, Bill spent over 18 years with Teleflex Medical, a global diversified medical device manufacturer. In his last position with Teleflex, Bill was President of Teleflex Medical OEM, a leading contract manufacturer and precision tubing supplier. Bill holds a BA from Colgate University and an MBA from the London Business School.

Ellerkamp commented, “I am pleased to be part of this exciting opportunity. Both of these companies have exceptional capabilities and long histories, with the express mission of providing custom thermoplastic extrusions to the medical device industry. Together, the new ExtruMed is the largest precision tubing solutions provider on the West Coast, a key geographic market. We look forward to extending our geographic scope and range of capabilities to better serve our customers.”

ExtruMed will be presenting the new company identity, and showcasing the combined product and service offering, at the upcoming Medical Device Manufacturing exhibition and congress at the Anaheim Convention Center, February 13-15, 2007.

About ExtruMed

ExtruMed, LLC focuses on providing precision tubing solutions for catheter based delivery systems used in minimally invasive, interventional and implantable therapies. The Company serves a diverse customer base including many of the world’s leading medical device OEMs as well as high-profile venture-backed medical device companies. The Company offers a complete range of tubing services including design, engineering, material selection, prototyping, volume manufacturing, secondary operations and supply chain management. For more information on ExtruMed visit www.extrumed.com.

Contact: ExtruMed, LLC Bill Ellerkamp, 714-993-4100 bellerkamp@extrumed.com

Source: ExtruMed, LLC

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