Orthofix International N.V., (NASDAQ:OFIX) (the Company) announced today that total revenue for the first quarter ended March 31, 2007, was $117 million, an increase of 44% over the first quarter of 2006. This included $26.4 million from Blackstone Medical, Inc. (Blackstone), which was acquired in September of 2006. Excluding Blackstone’s revenue, Orthofix’s first quarter sales rose 12% over the prior year. The impact of foreign currency on sales for the first quarter of 2006 was a positive $2.0 million.
