Orthofix International NV Announces 45% Revenue Growth In Third Quarter 2007 Results

HUNTERSVILLE, N.C.--(BUSINESS WIRE)--Orthofix International N.V., (NASDAQ:OFIX): * Third quarter sales totaled $121.1 million, up 45% from the third quarter of 2006, including $29.6 million from Blackstone Medical * Total spine sales rose 109% from prior year; Blackstone Medical revenues up 41% year-over-year * Orthopedic sales increased 12% year-over-year * Sports medicine sales grew 14% compared with third quarter 2006 * Reported net income was $8.0 million, or $0.48 per diluted share * The Company also announced the settlement of a lawsuit with Medtronic, Inc.

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