HUNTERSVILLE, N.C.--(BUSINESS WIRE)--July 6, 2006--Orthofix International N.V. (NASDAQ: OFIX - News) announced today the opening of its new International Distribution Center (IDC) located in Verona, Italy. The new IDC is designed to increase Orthofix's operational efficiency in Europe by centralizing production, logistics and customer service functions previously located in the United Kingdom and the Seychelles. These changes are expected to result in pre-tax savings of more than $1 million annually starting in 2007, and the company expects additional savings to result from reductions in inventory levels and related carrying costs.
