Kyphon Inc. Expands Executive Management Team

SUNNYVALE, Calif., Sept. 18 /PRNewswire-FirstCall/ -- Kyphon Inc. (Nasdaq: KYPH - News) today announced two new additions to its executive management team. Maureen L. Lamb has been named Vice President, Chief Financial Officer and Treasurer. Lamb has over 15 years of financial management experience and comes to Kyphon from Photon Dynamics, Inc., where she served as Chief Financial Officer. Before that, Lamb held several senior financial management positions for eleven years at KLA-Tencor, one of the world’s five largest semiconductor equipment companies, including serving as its Vice President of Finance for five years. Lamb received her Bachelor’s degree in Government from Harvard College and her Masters in Business Administration from the Wharton School of the University of Pennsylvania. She succeeds Arthur Taylor as the Company’s Chief Financial Officer, who has been serving as both Chief Operating Officer and CFO since February 2006. Taylor will continue as the Company’s Chief Operating Officer.

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